Canadian CANNAINVESTOR Magazine May 2017 - Page 90

Illinois Dispensary Roll Out

•One of the 52 applicants to receive a medical marijuana dispensary license in the state, and the only dispensary license in ISP District 12

•Experiencing strong month-to-month sales growth and stable gross margins attributed to an expanding patient count and a strong patient and physician outreach program

•Achieves a monthly returning patient rate of over 90% demonstrating a strong and loyal customer base

•The Illinois Department of Public Health has approved applications for approx. 18,300 qualifying patients and approx. 21,300 individuals have submitted a complete application

•Total retail sales of medical cannabis in the State of Illinois for March totaled $6.4

•Total retail sales for 2016 were just over $36 million and almost $54 million since the program's inception in November 2015

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