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Illinois 2023 medical cannabis sales reach $3.24M

Illinois News Joint

The Illinois Department of Public Health (IDPH) recently released its December 2023 medical cannabis sales totals. for the third-highest monthly total in 2023, behind March’s $29,018,805.60 Total 2023 medical cannabis sales reached $324,792,664.73, which was the lowest yearly total since adult-use legalization. May: $27,461,289.64

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Illinois 2023 medical sales lowest start in two years

Illinois News Joint

The Illinois Department of Public Health (IDPH) updated its January 2023 and February 2023 medical cannabis sales totals yesterday for the first time this year. Medical cannabis sales for 2023 started well below the 2022 and 2021 monthly totals. In January 2023, Illinois collected $27,621,022.42 September: $28,055,726.06

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nuEra to acquire Ieso cultivation facility

Illinois News Joint

Recently, nuEra Cannabis announced its agreement to acquire Ieso , a licensed medical and adult-use cultivation facility located in Murphysboro, Illinois. NuEra currently operates six retail locations throughout the state and has plans underway to expand its retail footprint with several new locations in 2023.

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Tax Practitioners’ Meeting includes Section 280E cannabis deduction

Illinois News Joint

The Illinois Department of Revenue (IDOR) today hosted the 2023 Tax Practitioners’ Meeting and PowerPoint presentation. The new Section 280E tax law amendment was included in the State’s budge, HB3817 , which passed June 7. When the new law becomes effective for tax years beginning on or after Jan.

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House and Senate bills would allow recreational cannabis curbside pickup

Illinois News Joint

In early December 2023, the Illinois General Assembly’s Joint Committee on Administrative Rules stated that the Illinois Department of Financial & Professional Regulation (IDFPR) permanently authorization curbside pickup for medical cannabis cardholders. To find cannabis-friendly events in Illinois, visit here. Kimberly A.

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Academic Cannabis Conference sets presenter schedule

Illinois News Joint

The Academic Cannabis Conference , produced by News Joint Events , is pleased to announce its full presenter lineup and schedule. at the Garden Grove Event Center in Carbondale on May 4. Bell teaches Cannabis Law & Entrepreneurship in SLU’s Cannabis Science and Operations program. The event is runs from 12-5 p.m.,

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Illinois medical cannabis sales can’t keep up with adult use

Illinois News Joint

The Illinois Department of Public Health (IDPH) released its July 2023 medical cannabis sales totals late today. Despite an upward trend and recent record totals for adult-use sales, medical cannabis sales continued its downward trend since March 2023. July 2023 medical cannabis sales totaled $26,844,669.58. March: $29,018,805.60