420 with CNW — Chamber of Commerce Head Thinks 2021 Illinois Cannabis Sales Could Exceed $1B

May 20, 2021 03:25:35

Todd Maisch, the CEO and president of the Chamber of Commerce in Illinois, says the total sales of marijuana in the state may easily surpass the $1 billion mark this year, and the monthly figures seem to suggest that the milestone is possible. For example, data collected in March shows that recreational marijuana sales totaled $110 million, and the year is just approaching the halfway mark.

One factor that Maisch identifies as helping cannabis sales to hit those high numbers is the lack of legal marijuana programs in states neighboring Illinois. He says when Colorado and Washington launched their programs, out-of-state buyers contributed significantly to the success…

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