420 with CNW — Sales Data Shows Americans Spent 67% More on Cannabis This Year

December 31, 2020 16:25:13

Revenue and tax data acquired from different states shows that sales of adult-use and medical cannabis in the United States has grown by 67% this year, owing to the coronavirus pandemic and the subsequent lockdown that was implemented. The data shows that this year, Americans bought $17.9 billion worth of marijuana product, a significant increase from cannabis product sales last year, which totaled approximately $10.7 billion. Washington DC and 15 other states have legalized marijuana for use by adults while medical cannabis is legal in 37 states in the United States.

On the onset of the pandemic, many in the U.S. marijuana industry were worried that the industry would…


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