Marijuana Industry Data and Charts

Chart: Retail marijuana markups in Washington state continue to dip

Eli McVey  | February 13, 2017

By Eli McVey

Washington state cannabis stores continue to face pricing pressures long after the introduction of a new tax structure sent markups plunging, reflecting an increasingly competitive business environment.

Chart: Arizona growing into medical marijuana juggernaut

Eli McVey  | February 6, 2017

By Eli McVey

Rather quietly, it appears, Arizona has grown into one of the largest medical cannabis markets in the nation, behind only California and Michigan in terms of patient counts.

Chart: Colorado wholesale marijuana prices tumble in 2016

Eli McVey  | January 23, 2017

By Eli McVey

Wholesale prices of medical and recreational cannabis fell precipitously in Colorado last year, highlighting the difficulties faced by cultivators looking to maintain their profit margins in one of the nation’s most mature marijuana markets.

Report: North America marijuana sales hit $6.7 billion in 2016

Bart Schaneman  | January 4, 2017

North America’s cannabis sales grew to $6.7 billion for 2016, up 30% from 2015, according to a report by Arcview Market Research.

The report projects North American sales will post 25% compound annual growth and reach $20.2 billion by 2021, according to a news release.

U.S. sales, meanwhile, totaled $5.86 billion for 2016.

This …

Chart: Healthy markups for MJ strains with celebrity names

Eli McVey  | December 5, 2016

By Eli McVey

Celebrity-branded marijuana strains are commanding a premium in recreational markets by capitalizing on name recognition and sophisticated branding.

The average markup of a celebrity-branded strain versus its unbranded counterpart is approximately 24%, which often equates to $5-$10 more per eighth, according to an analysis by Marijuana Business Daily.

Chart: Sales projections for states that legalized cannabis on Election Day vs. 2016 industry estimates

Eli McVey  | November 21, 2016

By Eli McVey

States that passed marijuana measures earlier this month eventually could generate more in annual retail MJ sales than the entire U.S. cannabis industry is expected to this year.

Though these new markets will take time to develop, they present tremendous opportunities for entrepreneurs looking to capitalize on the results of the election.