Illinois Cannabis Sales Increase 85% in February

Illinois total cannabis product sales reached $110.3 million in February, down 9percent from January (3 less times) or over 85% from per year ago (1 less time):

Adult-use product sales, based on the state, totaled $80.7 million, up 132% from per year ago and down 9percent from January:

Out-of-state acquisitions represented 28% of adult-use product sales, much like January. Health cannabis sales dropped 9.5% sequentially to $29.6 million, up 19% from per year ago.

According to your state, dry flower accounted for 47% of total product sales to 63,564 clients. The amount of clients declined 2.9percent from during February.(* january)
Located in Houston, Alan leverages their experience as founder of social network 420 Investor, the very first but still biggest diligence that is due focused on the publicly-traded stocks in the cannabis industry. With his network that is extensive in cannabis community, Alan continues to find new ways to connect the industry and facilitate its sustainable growth. At brand new Cannabis Ventures, he’s in charge of content development and alliances that are strategic. Before shifting his focus to the cannabis industry in early 2013, Alan, who began his career on Wall Street in 1986, worked as an research that is independent after over 2 decades in research and profile administration. A writer that is prolific with over 650 articles published since 2007 at Seeking Alpha, where he has 70,000 followers, Alan is a frequent speaker at industry conferences and a frequent source to the media, including the NY Times, the Wall Street Journal, Fox Business, and Bloomberg TV. Contact Alan: Twitter | Facebook | LinkedIn | Email

Alan Brochstein, CFA
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