Marijuana Industry Statistics, Data and Charts

Chart: Ranks of US banks serving cannabis firms growing, but data may overstate true number

The number of financial institutions actively banking marijuana-related businesses in the United States is rising, but the true number is far fewer than U.S. Treasury data indicates, according to one industry executive. Data released by the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) shows the number of banks and credit unions actively banking marijuana-related businesses […]

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Ontario cannabis sales see major boost from physical store rollout; BC sales drop

Adult-use cannabis sales in Canada’s largest consumer market more than doubled in April on the back of new store openings, representing “powerful evidence” of pent-up demand for regulated marijuana after months of stagnation, according to experts. Receipts of recreational-use cannabis products in Ontario totaled 19.6 million Canadian dollars ($15.1 million) in the month, recent data from […]

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Chart: Marijuana store density surpasses Starbucks & McDonald’s in many mature cannabis markets

As competition between cannabis retailers grows, so does the number of stores in mature markets, where the relative density of marijuana shops has surpassed that of Starbucks in many. The recently released Marijuana Business Factbook estimates that in Denver and Portland, Oregon, for example, marijuana retailers outnumber Starbucks by close to double, while in Anchorage, Alaska – […]

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Chart: Massachusetts recreational marijuana sales approach $140 million

After six full months of operations, Massachusetts adult-use marijuana sales continue to rise, with aggregate sales approaching $140 million through the last week in May. The market enjoyed a solid launch the week of Thanksgiving 2018, and Massachusetts retailers have seen average month-over-month sales increases of 21% between December 2018 – the first full month of […]

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Aurora, Canopy are Canada’s ‘most reputable’ cannabis firms, survey finds; others rank far behind

Alberta-based Aurora Cannabis edged out Ontario’s Canopy Growth as the most reputable marijuana company in Canada, according to a first-of-its-kind survey by market research firm Leger. The survey – conducted from December 2018 to February 2019 – reflects the reputations of cannabis producers in the opening innings of legalization. The marijuana companies were included as […]

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Chart: Retail marijuana sales surpass Fortnite video game, closing in on Taco Bell, NFL

With revenue of $8.6 billion-$10 billion, 2018 sales of legal recreational and medical cannabis in the United States topped spending on e-cigarettes, the Fortnite video game and Goldfish crackers combined. The data – published in the 2019 edition of the Marijuana Business Factbook – highlights how quickly the legal U.S. marijuana industry has grown. It now […]

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Chart: Arkansas medical marijuana sales top $353,000 via just two dispensaries, outpacing initial OH sales

Sales of medical marijuana in Arkansas are off to a strong start, with patients purchasing more than 50 pounds of cannabis in nearly 5,000 transactions in the first week dispensaries were open. The initial sales eclipsed those in Ohio, which has nearly four times the population. With sales underway, the Arkansas market could grow at a […]

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Canadian marijuana shortage dampens Aurora’s international sales

(This story has been update to reflect a statement from Aurora on its Nordic 1 facility in Denmark. – Ed.) A shortfall of cannabis in Canada’s regulated market took a toll on the international sales of an industry leader, Aurora Cannabis, according to the company. The Alberta firm’s international medical cannabis sales rose nearly 40% […]

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Chart: Comparing the price per milligram of THC in cannabis-infused products

Makers of marijuana-infused products can set competitive prices for their edibles, beverages, tinctures, topicals, capsules or sublinguals by looking at the average price per milligram of THC in those products in various markets. Data that shows the average price per milligram of THC can provide some insight into what consumers are willing to pay for […]

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