Report: First month of Illinois pot sales netted nearly $40M

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FILE – In this Aug. 15, 2019, file photo, marijuana grows at an indoor cannabis farm in Gardena, Calif. With nine research grants announced Thursday, Sept. 19, 2019, the U.S. government will spend $3 million to find out if marijuana can relieve pain, but none of the money will be used to study the part of the plant that gets people high. (AP Photo/Richard Vogel, File)

The Illinois Department of Financial and Professional Regulation released data showing the state’s marijuana dispensaries sold nearly $40 million worth of recreational weed in January.

Illinois residents bought more than $30.6 million, while out-of-state visitor sales totaled $8.6 million, the report shows. Dispensaries sold over 970,000 products.

The pace of sales slowed considerably from the first days of legalization. On Jan. 1, operators sold $3.2 million in pot products. Total sales hit $10.8 million by the end of the first five days of sales.

Illinois was just the second state in the Midwest to launch recreational pot sales, after Michigan.

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