For the second consecutive month, Illinois generated $75 million in sales from cannabis.
The state of Illinois has matched last month's record-high cannabis sales of $75 million for the second consecutive month after legalizing cannabis in January this year.
The number was actually a slight decrease compared with October, with Illinois bringing in $75.19 million for November compared with $75.28 million for October.
November represents the first backward step in sales for the state since February, with sales otherwise increasing month-over-month.
November's sales put Illinois above $580 million for the year in recreational sales, with the state also bringing in over $300 million in medical sales for the year. If the current trajectory of sales continues, Illinois will surpass $1 billion in combined medical and recreational cannabis sales for 2020.
Illinois residents bought $54.6 million in sales, and out-of-state residents bought $20.6 million worth of cannabis and cannabis products.
It remains to be seen if Illinois's cannabis sales will continue to slow down, which would be surprising given its the first year of legal recreational sales for the state.
However, more broadly, cannabis has seen legislative gains made throughout the U.S. and globally, with the U.N recently rescheduling cannabis to remove it from Schedule IV, and various cannabis bills being passed through either the U.S. House of Representatives and Senate.
In Maine, combined recreational and medicinal marijuana sales brought in over $220 million for the year, and in Australia, the Therapeutic Goods Administration (TGA) handed down a final decision in favor of down-scheduling low dose cannabidiol (CBD) preparations from Schedule 4 to Schedule 3, which means CBD will soon be available for purchase from pharmacies over the counter.
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