Consumer Spending on Cannabis in The U.S. 2020 #infographic

According to Headset Inc., most U.S. customers spend about $25-$50 on a trip to the marijuana shop. Within the same year, the average amount each US user spends on cannabis products is around $645 a year. Approximately 48% of all cannabis users invest between $500 and $2,500 a year. But based on New Frontier Data in 2019, it was reported that US consumers spend $5.8 billion a month on marijuana products. That's about $206.5 million a day, or $1.45 billion a week.

In addition, Recent Frontier Data also revealed that revenue from the illicit cannabis industry was projected to have produced $70 billion in revenue in 2019. But the US legal medical and recreational cannabis industry amounted to $13.6 billion in the same year and is estimated to reach $29.7 billion in 2025. Overall, the estimated total demand for cannabis in the U.S. in 2019 (both legal and black market sales) is $83.6 billion. According to Eaze, US consumers placed a cannabis order every 8 seconds.

Source: www.weekendgardener.net

Share This Infographic On Your Site

<p> <a href='https://www.abcreationinfo.com/2020/06/consumer-spending-on-cannabis-in-the-us-2020-infographic.html'><img src='https://1.bp.blogspot.com/-LbuKVw0XGsw/Xvmy_QwP8qI/AAAAAAAAERU/YPcb5x4j6b0c_ME1LCdh7pNYgK_0Z6e_gCPcBGAsYHg/s0/consumer-spending-on-cannabis-in-the-us-2020-infographic.jpg' alt='Consumer Spending on Cannabis in The U.S. 2020 #infographic' width='640px' border='0' /></a>You can also find more infographics at <a href="https://www.abcreationinfo.com/">AB Creation</a></p>