Hey green enthusiasts! Ready to dive into the wild and ever-changing world of cannabis? Let me tell you, it’s a rollercoaster of ups, downs and everything in between.
From market dominance to user projections, we’ve rounded up 46 cannabis industry statistics that will have you saying, “Who knew the world of weed could be so fascinating?” So, roll one up (or not, it’s up to you), and let’s take a brazil email list look at the must-know stats shaping the cannabis landscape this year!
Contenido ocultar
Essential cannabis market statistics
Cannabis Investor Statistics and Demographics
Cannabis Statistics by State
Legal cannabis sales statistics
Conclusión
Preguntas frecuentes
1. How much is the US cannabis market expected to be worth in 2030?
2. Which age group will see the greatest growth in cannabis sales in 2022?
3. ¿Cómo están equilibrando los inversores en cannabis sus carteras entre la marihuana recreativa y la medicinal?
4. What is the projected market share for California in the cannabis industry by 2025?
5. ¿Están experimentando los mercados maduros de cannabis un descenso de las ventas?
Essential cannabis market statistics
Dive into the heart of the green revolution with essential cannabis market statistics. From the United States dominating the North American cannabis landscape to forecasts of a staggering $47.5 billion in revenue by 2030, these statistics paint a vivid picture of the burgeoning industry.
The United States takes the lead
In 2021, the legal cannabis scene in North America witnessed a power move by the US, claiming a whopping 87.1% of the market share, according to Grandview Research. It’s as if Uncle Sam has taken the upper hand, literally.
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La ola verde norteamericana
As we close the books on 2022, the North American cannabis industry has reached a staggering $15.2 billion, according to Research and Markets. That’s a lot of green leaving its mark on the economy.
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US market Blaze
Statista’s crystal ball predicts that the US cannabis market is set for an explosive end by 2023, with a projected size of $32.9 billion. It’s not just a market; it’s a fireworks show.
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Stars and stripes in cannabis revenues
By 2023, the United States will surpass all other nations in the cannabis revenue game, according to Statista. Move over, world; red, white and green is taking the lead.
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The Green Revolution continues
Hold on to your hats because the cannabis market growth rate is projected to sizzle at 15.3% through 2030, according to predictions from Research and Markets. It’s not just a trend; it’s a green revolution.
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The sky is the limit for cannabis revenues
Grandview Research paints a vivid picture of the future, predicting that legal cannabis market revenues will soar to a staggering $47.5 billion by 2030. That’s not just a projection; it’s a financial high.
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Cannabis approval rating
A whopping 88% of U.S. adults believe cannabis should be legalized, according to the Pew Research Center. That's not just a majority; it's an overwhelming consensus.
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High hopes for investors
According to Magnify Money, 53% of potential investors who haven't yet dipped their toes into marijuana stocks would consider doing so with federal legalization. It's not just an investment; it's a high-risk bet.
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Curaleaf Market Peak
The heavyweight champion of the cannabis industry, Curaleaf, currently reigns supreme with a market cap of $2.57 billion, according to CompaniesMarketCap.com. It’s not just a company; it’s a market giant.
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Riding the wave of extracts
Since 2021, the cannabis extracts segment has been riding the market like a wave, and Allied Market Research predicts that this trend will continue through 2030. It is not just a segment; it is a domain of extraction.
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Cannabis Investor Statistics and Demographics
Discover the financial green thumb of cannabis investors with insights into demographics and investment trends.
From millennials leading the charge to boomers putting together larger investment strategies, these statistics show the diverse landscape of those putting their money where the cannabis leaves are.
Cannabis in wallets
A solid 43% of investors are playing the green game, holding at least one cannabis-related stock or exchange-traded fund (ETF), Magnify Money reveals. It’s not just an investment; it’s a green addition to the portfolio.
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Millennial green thumbs
Planting seeds of financial growth, a significant 54% of millennial investors are diving into cannabis/marijuana stocks, according to Magnify Money. It’s not just a trend; it’s a Millennial green thumb.
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Generation X joins the garden
The garden of investment opportunities is also attracting Gen Xers, with 47% reporting they have invested in cannabis/marijuana stocks, Magnify Money reports. It's not just a market; it's a Gen X garden.
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Generation Z has a lot at stake
Gen Z is making its mark with a whopping 62% of investors putting their money into cannabis/marijuana stocks, according to Magnify Money. It’s not just an investment; it’s a high-stakes game for Gen Z.
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The Boomers' Strategic Game
While only 16% of Boomers have jumped into the cannabis investment game, Magnify Money notes that their investments tend to be larger when they do. It’s not just investment; it’s Boomer strategic planning.
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The mix of genres
In the diverse landscape of cannabis investors, 49% are men and 35% are women, according to Magnify Money. It's not just an investment; it's a gender-balanced portfolio.
Copy the code!
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Time-tested investments
Cannabis investors are playing the long game, with 48% expecting to hold their investment for one to three years, 28% for four to six years, and 8% for the long term of 10+ years, Magnify Money reveals. It’s not just an investment; it’s a time-tested strategy.
Copy the code!
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Investor-users unite
A staggering 65% of cannabis investors are also medical marijuana or recreational cannabis users, creating a unique overlap, according to Magnify Money. It’s not just an investment; it’s a personal endorsement.
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The green wave of Generation Z
Breaking stereotypes, Gen Z women are emerging as the fastest-growing segment of legal cannabis consumers, Springbig reports. It’s not just a trend; it’s a Gen Z green wave.
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Cannabis generational divide
Gen Z and Millennials are splitting their investment portfolios fairly evenly between recreational and medical marijuana, showing a diverse approach, Magnify Money notes. It’s not just a split; it’s a generational split.
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Medical vs. recreational preferences
In a shift in preferences, Boomers are four times more likely, and Gen Xers twice as likely, to invest in medical cannabis versus recreational, Magnify Money notes. It’s not just an investment; it’s a generation-specific choice.
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Cannabis Statistics by State
Take a journey across the United States to explore the varied legal landscapes of cannabis. From the green lights of recreational use in 21 states to the battlegrounds of legalization in others, these statistics offer a state-by-state breakdown of the ever-evolving cannabis map.
Recreational green lights
The party has begun in 21 states, plus the District of Columbia and Guam, where recreational cannabis use has officially been given the green light as of January 2023, according to US News & World Report. It's not just legality; it's a recreational revolution.
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Compasión medicinal
Playing the medicinal card, 37 states, three territories and the District of Columbia are offering legal refuge to medical cannabis users as of January 2023, according to the NCSL. It’s not just legality; it’s medicinal compassion.
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State-specific deployments
Connecticut is set to begin adult-use sales in January 2023, Maryland plans to open the floodgates for legal adult-use cannabis on July 1, 2023, and Missouri dispensaries could open as early as February 2023, according to The Hill.
It's not just about openings; it's a state-specific cannabis rollout.
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High-risk voting
Oklahoma is preparing for a crucial vote on legalization in March 2023, while Ohio is considering a bill to greenlight recreational cannabis use, The Hill reports. It’s not just a vote; it’s a high-stakes decision.
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Election results
In a twist of fate, Arkansas, North Dakota and South Dakota said “no” to the green wave, rejecting the legalization of recreational cannabis in the November 2022 elections, The Hill notes. It’s not just one election; it’s a state-specific election.