Cannabis shortages in Illinois days after legalization
Demand for cannabis has been so strong in Illinois since it was legalized on January 1, that shortages have been registered with several sellers in that American state, where revenues have already reached nearly $ 11 million.
T he January 1, hundreds of customers crowded in the early hours of the day in Chicago, the state’s largest city, sometimes lining up for more than 12 hours to buy barely legalized cannabis.
After California, Colorado and Massachusetts, Illinois has become the 11th state to legalize recreational use of marijuana for people over the age of 21.
The dispensaries recorded the day of its legalization 77,000 transactions and more than 3.1 million dollars in revenue, according to the authorities.
In one week, they reached $ 11 million, more than double the amount earned in a week by traders in 2014 in Colorado, the first American state to have taken the step of legalization.
The high demand has forced many dispensaries to temporarily lower the curtain, or to reserve their sales for therapeutic use.
“We were expecting shortages since they have occurred in all the other states that have legalized cannabis,” Paul Isaac, a spokesperson for the financial and professional regulatory department of the agency, told AFP. Illinois.
Thirty-seven dispensaries are currently licensed to sell cannabis in Illinois, including 10 in Chicago.
The state plans to issue operating licenses to dozens of traders, growers and suppliers from mid-2020.
According to projections by the specialist media Marijuana Business Daily, the sale of recreational cannabis in Illinois could generate $ 2.5 billion per year.