Afriupdate News
Thursday, July 31, 2025
  • Home
  • NewsNew
    • Headlines
    • Africa
    • Nigeria
    • National
    • World
    • Politics
  • Life
    • Beauty
    • Culture
    • Entertainment
    • Events
    • Fashion
    • Food
    • Health & Wellness
    • Love and Relationships
    • Travel and Places
    • Music
    • TV Series
    • What’s New
  • Sports
    • Boxing
    • Football
    • Tennis
    • Other Sports
  • Business
    • Insurance
  • Technology
    • Social media
    • Gadgets
  • Features
    • Guide & Tips
    • Jobs
    • Scholarship
    • Reviews
    • Opinion
  • Submit a News TipGot Tips?
GET NEWS ALARTS
No Result
View All Result
Thursday, July 31, 2025
Afriupdate News
No Result
View All Result
Afriupdate News
No Result
View All Result
ALERTS
  • News
  • Headlines
  • Sports
  • Business
  • Features
  • Life
  • Sports
  • Technology
ADVERTISEMENT
Home Business

Cannabis Sales Soaring, Illinois and Massachusetts Break Records

Goodluck by Goodluck
September 4, 2021
in Business
0

Adult-use marijuana sales in Illinois exceeded $120 million in August, state officials reported on Thursday. Illinois saw $121,933,542 in cannabis purchases last month, with $81,275,830 coming from in-state residents and $40,657,711 from out-of-state visitors, in particular, from neighboring states that do not have a legal market, reported Marijuana Moment.

If the trend continues, Illinois is on track to see more than $1 billion in adult-use marijuana sales in 2021.

Amid a huge budget deficit, the state generated more than $86 million from adult-use marijuana tax revenue between January and March 2021 and has repeatedly broken its own monthly cannabis sales records, hitting $28 million in March alone.

Adults spent almost $110 million on recreational cannabis products during March (more tax dollars from marijuana receipts than alcohol for the first time ever), reported Newsweek.

MORE FROM AFRIUPDATE

An activist places candles around a picture of Tangaraju Suppiah during a vigil for him at a private office in Singapore, 26 April 2023. Photo credit: EFE-EPA

Man executed in Singapore over 1kg of cannabis

April 26, 2023
Mike Coppola/Getty Images

Diddy Creates Largest Black-Owned Cannabis Company

November 6, 2022
(FILES) This file photo taken on August 10, 2019 in Berlin shows a German national flag bearing a marijuana leaf during the 23rd Hanfparade, a traditional German-wide pro-Cannabis march, to ask for its legalisation.  (Photo by John MACDOUGALL / AFP)

Germany Agrees Plan To Legalise Recreational Cannabis

October 26, 2022
FILE: US Women National Basketball Association’s (NBA) basketball player Brittney Griner, who was detained at Moscow’s Sheremetyevo airport and later charged with illegal possession of cannabis, is escorted to the courtroom to hear the court’s final decision in Khimki outside Moscow, on August 4, 2022. (Photo by Kirill KUDRYAVTSEV / POOL / AFP)

Russia Rejects US Basketballer’s Appeal Of ‘Traumatic’ Sentence

October 26, 2022
ADVERTISEMENT

Illinois officials have emphasized that the tax dollars from all of these sales are being distributed. $31.5 million were allocated in grants funded by marijuana tax dollars to communities that have been disproportionately impacted by the war on drugs.

Massachusetts Not Doing Badly Either: $844 Million Since January

Marijuana sales in Massachusetts have topped $2 billion since the state’s adult-use market launched in late 2018, the Cannabis Control Commission reported on Wednesday.

Gross sales from the state’s 165 cannabis retailers and three delivery services reached over $2 billion as of August 31.

ADVERTISEMENT

That doubles the sales total that the commission reported last November.

Despite being closed for two months in 2020 due to the COVID-19 public health emergency, 91 marijuana retailers generated a total of $702 million for the full calendar year of 2020.

As of the start of business on Wednesday, September 1, the Commission reported licensees have generated $844 million since January 1st, already making 2021 a record sales year.

The adult-use cannabis industry in Massachusetts consists of nearly 16,667 active marijuana establishment agent registrations: 35.4 % identify as female and 64.1 % identify as male, while 72.4 % identify as White, 7.6 % identify as Hispanic, Latino, or Spanish, and 6 % identify as Black or African American.

Follow our socials Whatsapp, Facebook, Instagram, Twitter, and Google News.

Related topics: CannabisMarijuana
ShareTweetSendShare
ADVERTISEMENT
Next Post
PHOTO: Anna Moneymaker/Getty Images/AFP (Photo by Anna Moneymaker / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

Biden wants Afghan exit to end US global cop role

Facebook mistakenly labels black men ‘primates’

Facebook mistakenly labels black men ‘primates’

JOHESU issues 15 days ultimatum to FG

JOHESU issues 15 days ultimatum to FG

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Home
  • About Us
  • Contact us
  • Advertisement
  • Privacy Policy

© 2023 Afriupdate News. All Rights Reserved

Welcome Back!

Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
Sign Up with Linked In
OR

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
  • Sign Up
No Result
View All Result
  • Home
  • News
    • Headlines
    • Africa
    • Nigeria
    • National
    • World
    • Politics
  • Life
    • Beauty
    • Culture
    • Entertainment
    • Events
    • Fashion
    • Food
    • Health & Wellness
    • Love and Relationships
    • Travel and Places
    • Music
    • TV Series
    • What’s New
  • Sports
    • Boxing
    • Football
    • Tennis
    • Other Sports
  • Business
    • Insurance
  • Technology
    • Social media
    • Gadgets
  • Features
    • Guide & Tips
    • Jobs
    • Scholarship
    • Reviews
    • Opinion
  • Submit a News Tip

© 2023 Afriupdate News. All Rights Reserved