After setting yet another record in September with $139.53 million in monthly marijuana sales, Illinois saw a slight decline in cannabis products sold over the past month.
Total cannabis sales amounted to $138.8 million in October, reported New Cannabis Ventures, citing data from the Illinois Department of Financial and Professional Regulation. That’s a decrease of 0.6% from September, and a 5.5% year-over-year increase.
Out-of states residents purchased $33.7 million worth of recreational cannabis products, while Illinoisans spent roughly $105 million on marijuana.
According to the state data from a separate report medical cannabis totaled $26.2 million, up by 0.9% quarter-over-quarter and 7.9% year-over-year.
In October licensed medical cannabis dispensaries served 62,618 patients, who bought 1,271,270 grams of dry cannabis.
Retail Legal Hurdle
Meanwhile, a marijuana retailer's parent company has filed a lawsuit claiming that a neighboring store is set to open too close to one of its existing Chicago-based outlets.
According to GRI Holdings, the Consume Cannabis dispensary at 605 N. Clark St. is violating state law by being located just 1,500 feet away from their own Green Rose Dispensary, as mentioned in the lawsuit filed in Cook County on Monday in which IDFPR is also named, reported the Chicago Sun-Times.
GRI Holdings stressed that although social equity licensees should be allowed to establish stores near properties owned by big multistate operators, regulations should not authorize social equity businesses to be positioned in such close proximity to one another.
GRI Holdings has set its sights on opening numerous stores in Illinois this year.
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