Marijuana sales dropped about 30 percent on the second day of legal recreational weed sales in Illinois, but people were still waiting in lines to buy.
Sales totaled $2.3 million on Jan. 2, down 29 percent from $3.2 million on New Year’s day, as transaction volume slipped 26 percent, according to the Dept. of Financial and Professional Regulation.
Marijuana companies expected opening day to be unusually busy and crowds would be smaller as time wore on. Dispensaries also warned that supplies, especially smokable buds or “flower,” would be tight. Some shops ran out of flower but others still have buds.
Although transaction volume dropped off after the first day, there were still lengthy lines through the weekend at shops such as Mission Dispensary on South Commercial Avenue near 85rd Street in the South Shore neighborhood.
South Side resident Sandra Frazier said she waited in line for an hour January 3 at another dispensary when it ran out of marijuana flower. She stayed in line and bought some cannabis-infused gummies before venturing out to Mission on January 4 for some buds. She’s looking forward to the day when buying weed in Illinois is like Nevada and Washington State where “there aren’t any lines: you just walk in, get what you want and get out.”
That won’t happen for months. Marijuana growers will be scrambling throughout at least the first half of 2020 to bring on enough cultivation capacity to meet the tenfold increase in demand between medical and recreational use.
Marijuana isn’t the only thing in short supply as the state rushed to begin recreational sales just six months after passing the law allowing it. Weed companies have had a hard time getting enough employees, particularly retail workers, through the background-check process conducted by the state.
Cresco Labs, one of the largest marijuana companies, said its shops in Lakeview, Elmwood Park, Rockford and Champaign will be closed January 6 to give time off to staff that worked 14-hour shifts for the first five days of weed sales. “There are no product supply shortages, just a shortage of state-approved employees to help efficiently service the hundreds of people that have been showing up every day to make their first legal cannabis purchases in Illinois,” the company said in a statement.
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January 06, 2020 at 08:04AM
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Sales slipped on day 2 of legal weed - Crain's Chicago Business
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