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Cannabis Report FY2024 (IDOA portion)

Illinois News Joint

Illinois officials recently released the Annual Cannabis Report for Fiscal Year 2024. IDOA updates and initiatives for FY2024 include: State cannabis testing laboratory is projected to become operational prior to the end of calendar year 2024. Hemp Rules on second notice to be approved by end of 2024.

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Ayr Wellness to sell four Illinois dispensaries

Illinois News Joint

Ayr President George DeNardo said Thursday during the companys fourth-quarter and full-year 2024 earnings call that Ayr will prioritize other markets to make sure it can deliver for its other business and stated that the company doesnt have the necessary scale in Illinois to compete over the long term, Green Market Report reported.

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Illinois News Joint expanding services in 2024

Illinois News Joint

For 2024, we have added more advertising options, new services, and updated our logos and website. The two new services include News Joint Events and News Joint Consulting. News Joint Cannabis Events is the cannabis-friendly events planning and consulting service from Illinois News Joint.

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Illinois gives Second Notice for Industrial Hemp Act amendments

Illinois News Joint

12, 2024, meeting in Springfield. percent THC the cultivator may remediate the lot by shredding, blending, or sorting the plant material in a manner that reduces the THC concentration to an acceptable level, and then have it retested. To find cannabis-friendly events in Illinois, visit here. Samples that test higher than 0.3

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Illinois medical cannabis sales drop to four-year low

Illinois News Joint

Total retail sales for 2024 reached $147,266,853.89. Total 2024 wholesale sales by cultivation centers reached $$188,831,154.06, and total wholesale sales since November 2015 by cultivation centers totaled $3,633,472,736.20. Monthly Totals for 2024: January: $24,338,551.30 February: $24,427,904.62 May: $24,413,018.67

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Illinois yearly medical cannabis sales drop for third year

Illinois News Joint

For 2024, retail sales by licensed medical cannabis dispensaries finished at $285,059,601.92. The 2024 totals continued a 3-year downward trend for yearly totals, dropping below $300 million for the first time since 2019. The 2024 totals dropped nearly $40 millions from the 2023 totals of $324,792,664.73. February: $24,427,904.62

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Illinois medical cannabis sales reach $22.1M

Illinois News Joint

to outpace January and February totals but was still lower than the last four previous March totals and all but one monthly total in 2024. Total wholesale sales by cultivation centers in 2025 hit $83,090,340.57, and total wholesale sales since November 2015 by cultivation centers finished at $4,181,971,650.82. May: $24,413,018.67

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