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

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

Many U.S. customers spend between $25-$50 on a trip to the marijuana shop according to Headset Inc.The average amount a US user spends on cannabis goods in the same year is about $645 annually. Around 48 percent of all users spend between $500 and $2,500 a year on cannabis.

Yet in 2019 the amount U.S. customers spend on marijuana goods per month was estimated at $5.8 billion, based on New Frontier Data. That's around $206.5 million a day, or $1.45bn a week.

In addition, New Frontier Data also revealed that the 2019 illegal cannabis industry revenue was projected to have produced $70 billion in revenue. But that same year, the U.S. legal medical & recreational cannabis industry stood at $13.6 billion and is estimated to reach $29.7 billion in 2025.

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

infographic by: www.weekendgardener.net

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Consumer Spending on Cannabis in The U.S. 2020 #infographic Consumer Spending on Cannabis in The U.S. 2020 #infographic Reviewed by Younglistan.com on June 26, 2020 Rating: 5

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