Illinois weed sales on pace to top $1 billion in year one of recreational sales, with plenty of room

[TexasTowelie]

Illinois weed sales on pace to top $1 billion in year one of recreational sales, with plenty of room to grow


The year 2020 dawned with thousands of people lined up, some overnight, waiting to be among the first to buy legal recreational marijuana in Illinois.

As the long, strange year comes to an end, people are lined up at food banks, to get coronavirus nasal swabs and in some cases, to be among the first to receive a vaccine that may mark the beginning of the end of the COVID-19 pandemic.

And people are still buying weed. Lots of it.

Despite the massive economic disruption wrought by the pandemic, 80 recreational cannabis dispensaries have opened in Illinois and business is on pace to top $1 billion in 2020, including medical marijuana sales.

Read more: https://www.chicagotribune.com/business/ct-biz-weed-illinois-growth-outlook-20201229-4jtr4bhmrncr7mfo2boxyp2s5u-story.html

[msongs]

1. thanks to competition prices should be really low low low right? nt

[Fortinbras Armstrong]

2. Actually, not bad.

Keeping in mind inflation, I'm paying about the same as I did in 1968.

[msongs]

3. in 1968 a one ounce bag of leaves only was about $20. nobody did buds then and

one could get quite blasted on leaves. then again we seperated out the seeds and stems on an 12 inch album cover lol

[raising2moredems]

4. Shops near statelines...

Are quite busy with out of state purchasers. I suspect the one nearest to me does 1/3 of its business to out of staters. It is a hopping place and is already expanding.

[raising2moredems]

5. And the state is also saving money

LE no longer spending time arresting a person for having a joint, less cost for jails, less court costs (including public defenders).