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…


NOTE TO INVESTORS: The latest news and updates relating to Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) are available in the company’s newsroom at https://cnw.fm/PULL

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CNW420.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have questions or are you interested in working with CNW420? Ask our Editor

Denver, Colorado
303.498.7722 Office

CNW420 is part of the InvestorBrandNetwork.