Marijuana Business Factbook 2019

299 Appendix © Copyright 2020, Marijuana Business Daily , a division of Anne Holland Ventures Inc. You may NOT copy this Factbook, or make public the data and facts contained herein, in part or in whole. For more copies or editorial permissions, contact CustomerService@MJBizDaily.com or call (720) 213-5992, ext. 1. MJBIZDAILY.COM Chart 1.01: U.S. Cannabis Retail Sales Estimates: 2013-2023......................................................................................................................................................................................2 Chart 1.02: U.S. Cannabis Industry Total Economic Impact: 2018-2023......................................................................................................................................................................4 Chart 1.03: Annual U.S. Cannabis Sales Vs. Other Industries & Goods.........................................................................................................................................................................5 Chart 1.04: Estimated Number Of Cannabis Businesses In The United States: 2019.................................................................................................................................................6 Chart 1.05: Estimated Full-Time Employment In The Cannabis Industry: 2019...........................................................................................................................................................7 Chart 1.06: Number Of Full-Time Workers In The Cannabis Industry: Employment Comparisons To Mainstream Professions................................................................................8 Chart 1.07: U.S. Cannabis Industry Employment Estimates: 2018-2023.....................................................................................................................................................................9 UPDATED Chart 1.08: Vape Share of Recreational Cannabis Sales in 2019 by Month & State..................................................................................................................................11 Chart 1.09: Americans’Support For Legalizing Marijuana: 1969-2018........................................................................................................................................................................12 Chart 1.10: Marijuana Legalization By State.................................................................................................................................................................................................................13 Chart 1.11: Year-Over-Year Summary Of Global Cannabis Industry Capital Raises......................................................................................................................................................14 Chart 1.12: Cannabis Companies’Access To Bank Accounts & Average Monthly Cost For Banking Services............................................................................................................15 UPDATED Chart 1.13: Nationwide MMJ Patient Counts: 2014-January 2020........................................................................................................................................................... 16 Chart 1.14: Portion Of Cannabis Companies That Were Profitable Or Break-Even In 2018: Breakdown By Sector....................................................................................................17 Chart 1.15: Cannabis Companies’Outlook For The Next 12 Months: Breakdown By Sector...................................................................................................................................... 19 Chart 1.16: Portion Of Cannabis Companies Planning To Expand Into New Markets Within The Next 12 Months....................................................................................................20 Chart 1.17: Overview Of Major Federal Marijuana Reform Bills In Congress................................................................................................................................................................21 Chart 2.01: Market Highlight: Overview Of Adult-Use Cannabis Markets In Illinois & Michigan................................................................................................................................25 UPDATED Chart 2.02: Market Highlight: 2019 Medical Marijuana Sales In Oklahoma By Month............................................................................................................................26 UPDATED Table 2.1: State-By-State Rankings For Business Opportunities in 2019..................................................................................................................................................27 UPDATED Table 2.2: Number Of Registered Patients And Operating Medical Marijuana Dispensaries By State....................................................................................................28 UPDATED Table 2.3: Number Of In-State Customers And Operating Retail Stores By State In 2019.......................................................................................................................29 Chart 3.01: How Profitable Are Wholesale Cultivators? Year-Over-Year Comparison............................................................................................................................................... 182 Chart 3.02: Wholesale Cultivators Business Expectations For 2019........................................................................................................................................................................ 183 Chart 3.03 : Number Of Licensed Recreational Marijuana Cultivators In Colorado, Oregon and Washington State...............................................................................................184 Chart 3.04: Inventory Of Supply Of THC In Oregon By Month.................................................................................................................................................................................. 185 Chart 3.05: Weekly Wholesale Cannabis U.S. Spot Index: January 2016 Through December 2018........................................................................................................................186 Chart 3.06: Share Of Recreational Cannabis Sales By Year In Colorado &Washington State..................................................................................................................................187 Chart 3.07: Colorado’s Recreational Marijuana Market: Average Market Rate For Wholesale Flower Allocated For Retail Vs. Extraction............................................................. 188 Chart 3.08: Cultivation Licenses Held By Retailers In Colorado’s Recreational Marijuana Market.........................................................................................................................190 Chart 3.09: Colorado’s Recreational Marijuana Market: Percent Change In Annual Retail Sales & Price Of Wholesale Flower..............................................................................191 Chart 3.10: Percentage Of Operational Marijuana Markets That AllowWholesale Cultivation & Potential Business Prospects For Growers....................................................... 192 Chart 3.11: Portion Of Investors Planning Investments In Wholesale Cultivation Businesses: Breakdown By Year................................................................................................194 Chart 3.12: Distribution Of California Cultivation Licenses By Number Of Licensees............................................................................................................................................. 195 Chart 3.13: Wholesale Cultivators: What Is The Key Differentiator Of The Cannabis You Grow?.............................................................................................................................196 Chart 3.14: Wholesale Cultivator Median Annual Revenue & Operating Costs By State...........................................................................................................................................197 Chart 3.15: Wholesale Cultivator Median Startup Costs By State............................................................................................................................................................................199 Chart 3.16: Current Average Wholesale Cannabis Prices By State...........................................................................................................................................................................201 Chart 3.17: Current Average Wholesale Cannabis Prices By State & Cultivation Method........................................................................................................................................202 Chart 3.18: U.S. Spot Price By Market: January 2018 Through April 2019...............................................................................................................................................................203 Chart 3.19: Range Of Wholesale Cannabis Prices By State: January 2018 Through December 2018.....................................................................................................................204 Chart 4.01: Manufactured Cannabis Products Hierarchy.........................................................................................................................................................................................207 Chart 4.02: Cannabis Products: Specialty Goods Vs. Commodities.........................................................................................................................................................................208 Chart 4.03: Cannabis Product Manufacturers Overview: Typical Revenue, Expenses & Startup Costs By Business Type....................................................................................209 Chart 4.04: Which Products Do Cannabis Product Manufacturers Typically Make?...............................................................................................................................................210 Chart 4.05: Share Of Adult-Use Cannabis Sales In Colorado &Washington State By Category & Year...................................................................................................................211 Chart 4.06: Washington State’s Recreational Marijuana Market: Number of Brands & Average Number Of Products Per Brand By Category & Year........................................ 212 Chart 4.07: Washington State’s Recreational Marijuana Market: Percentage of Sales To Top Five Brands By Category & Year............................................................................ 213 Chart 4.08: Colorado’s Recreational Marijuana Market: Average Item Price By Category & Year........................................................................................................................... 214 Chart 4.09: Cannabis Product Manufacturers Based In California, Colorado, Oregon &Washington: Portion That Sells Products In More Than One U.S. State....................... 215 Chart 4.10: Breakdown Of Edible & Beverage Sales By Item Price........................................................................................................................................................................... 216 Chart 4.11: Portion Of Profitable Cannabis Product Manufacturers In 2018 By Level of Diversification & Number of Products Offered...............................................................217 Chart 4.12: California’s Recreational Cannabis Market: Product Sales & Availability Following End Of Six-Month Transition Period.................................................................... 218 Chart 4.13: Sampling Of Changing Rules & Regulations For Cannabis Products..................................................................................................................................................... 219 Chart 4.14: Most Expensive Startup Costs For Cannabis Product Manufacturers: Breakdown By Business Type.................................................................................................220 Chart 4.15: Most Expensive Monthly Operating Costs For Cannabis Product Manufacturers: Breakdown By Business Type............................................................................... 221 Chart 5.01: Retail Marijuana Market Overview: Number of Markets & Estimated Retail Sales By Year...................................................................................................................225 CHART INDEX