BusinessIllinois Cannabis Revenue Drops 13% as Price Competition Intensifies
Illinois cannabis sales fell 13% to $1.5B in 2024 even as unit sales hit 58M items, highlighting intensifying price competition in the maturing market.
Feb 23, 2026
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BusinessIllinois cannabis sales fell 13% to $1.5B in 2024 even as unit sales hit 58M items, highlighting intensifying price competition in the maturing market.
BusinessMichigan dispensaries sold record cannabis volume in 2025 but revenue fell $113M to $3.17B as price compression outpaced increased sales, marking the market's first year-over-year decline.