Illinois, the 11th US state to legalize cannabis, sold $3.2 million worth of cannabis on the first day of legal sales on 1 January.
Day 1: 77128 legal cannabis sales
77128 transactions, averaging $41.18 each, for total sales of $3176256. These are the official figures reported by the Illinois Department of Financial and Business Regulation as of day one of the legal cannabis sales in Illinois.
I’m here to celebrate a great day in Illinois. Said Lieutenant Governor Juliana Stratton, who lined up to buy THC-infused candy.
The 35 dispensaries authorized to sell cannabis to any adult attracted long queues. While , some dispensaries have introduced numbered ticketing systems to manage queues. And have restricted purchase limits so that they can serve everyone.
Since we enter a new decade, Illinois has taken a monumental step by initiating cannabis legalization in a way that includes communities that have been left behind for too long, creating good jobs and erasing thousands of lockers for those who have lost opportunities and ending prohibition. said Toi Hutchinson, a former state senator who now oversees the new recreational cannabis program with a strong focus on equity.
Today is a historic day. Since we move forward in the growth of this industry. I thank everyone who has worked hard to make this launch a success . And will continue to focus on expanding opportunities and also righting wrongs of the past.
A full redesign approach
In June, Illinois became the first state in the United States to legalize the possession and sale of adult cannabis . Through a government initiative rather than a popular initiative. Residents 21 years of age and older are allowed therefore to possess up to 30 grams of cannabis, and non-residents may possess up to 15 grams.
Illinois has in fact , a strong equity focus, focusing on communities of color that have been disproportionately affected by cannabis prohibition. Illinois law also , includes a low-interest loan program to ensure that minority-owned cannabis businesses succeed in a predominantly white industry and a program that channels 25 percent of revenues from cannabis sales directly to the communities most affected by “discrimination in drug enforcement in the criminal justice system,” in the words of Governor Pritzker.
Besides, approximately 315,000 Illinois residents with cannabis-related criminal records are eligible to have their records expunged, and thus to work in the cannabis industry. On 31 December, Pritzker granted more than 11,000 amnesties.