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US (IL): Despite Illinois' high cannabis prices, Pritzker praises market

Numbers show Illinois residents are paying 89% more than the rest of the country when looking at cannabis prices. However, Gov. J.B. Pritzker says the state is doing it the right way.

Recreational cannabis became legal for Illinoisans at the start of 2020. Since then, Illinoisans have been paying more for their cannabis than the majority of states where the drug has been legalized.

According to an analysis by the Illinois Policy Institute, cannabis users pay 89% more on average for their products than the rest of the U.S. market. Pritzker was asked about the prices and said the state is making money.

"We still have a growing industry, as you know, it is one that I initiated in 2019 that has brought in almost $450 million to state and local governments," Pritzker told The Center Square. "We want to encourage all industries to grow." Michigan has legal cannabis, and so does Missouri. However, Pritzker does not worry that the state could lose business to these neighboring states.

Read more at thecentersquare.com

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