Medical Marijuana Users Outspend Recreational Consumers 3 to 1

The Washington, D.C. cannabis analytics firm found that in 2016, medical consumers shopped for cannabis every 10 days, spending an average of $136 per transaction. Adult use consumers shopped every 14 days and spent an average of $49 per transaction.

Medical marijuana sales are projected to reach $5.3 billion in 2017 and account for 67 percent of total cannabis sales. By 2025, medical marijuana sales will grow to $13.2 billion and account for 55 percent of all legal cannabis sales. Adult use sales are projected by reach $2.6 billion in 2017 before growing to $10.9 billion by 2025.

Source: Medical Cannabis Users Outspend Recreational Consumers 3 to 1 – Medical Marijuana, Inc. (OTC: MJNA)

Share:


Posted in Seed to Sale by State.

Leave a Reply