Marijuana Industry Data and Charts

Chart of the Week: Average Purchase Amount at Dispensaries Ranges From $60 to $100+

By Becky Olson The spending habits of medical cannabis patients can vary greatly by state, with the average purchase amount at dispensaries ranging from $60 in some markets to more than $100 in others, according to a survey of business owners conducted for the 2015 Marijuana Business Factbook. The amount of money patients spend depends […]

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Survey Shows Drop in Colorado Cannabis Prices, Spending

Increased competition has led to a decline in marijuana prices and per-customer spending, according to a survey of Colorado cannabis businesses. Customers are spending about $50 per visit, half of what they were a year earlier, according to a survey by Convergex, a New York-based brokerage that services institutional investors. Flower now sells for $250 […]

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Chart of the Week: Small Companies Employ 74% of Cannabis Workforce

By Becky Olson From a 30,000-foot perspective, the marijuana industry mirrors other sectors in a key way: 98% of all cannabis companies classify as small businesses. That’s nearly identical to the breakdown for the overall business community in the United States. Furthermore, nearly 90% of small businesses in both the cannabis industry and the U.S. […]

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Chart of the Week: IRS Audit Rate for Existing Marijuana Businesses

By Becky Olson More than 6% of operational cannabis companies surveyed by Marijuana Business Daily said they have been audited by the Internal Revenue Service, which suggests that the industry faces more scrutiny on the tax front than other sectors. Testing labs reported the highest rate, with roughly 13% saying they have been audited, followed […]

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Chart of the Week: Cannabis Cultivation Methods in Oregon vs. National Breakdown

By Becky Olson Outdoor and greenhouse cannabis cultivation is four times more prevalent in Oregon than in the marijuana industry at large, according to data from the state and the Marijuana Business Factbook. The difference highlights how marijuana growing methods are influenced not only by regulations, but also by other factors including geography, climate and […]

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Chart of the Week: Marijuana Business Entrepreneurs Predict Their 2017 Valuations

By Becky Olson More than half of existing marijuana businesses are seeking additional financial backing or plan to do so later this year, while most cannabis firms preparing for launch need capital as well, according to data in the newly released 2015 Marijuana Business Factbook. So how much do executives with these companies think their […]

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Chart of the Week: Over $9M Spent in 2014 on Cannabis Advocacy

By Becky Olson and John Schroyer Four of the top marijuana-related lobbying organizations spent over $9 million on state and federal cannabis advocacy in 2014, according to representatives from the groups. Of that amount, the organizations – Americans for Safe Access, the Drug Policy Alliance, the Marijuana Policy Project and the National Cannabis Industry

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Exclusive Chart: Marijuana Industry to Create $10B+ Economic Impact in 2015, $30B By 2019

By Becky Olson The U.S. marijuana industry will pump an estimated $10 billion into state and local economies in 2015, with cannabis sales via dispensaries and recreational stores accounting for up to $3.1 billion of that total, according to exclusive data released today in the new edition of the Marijuana Business Factbook. Produced by Marijuana Business Daily, the […]

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Chart of the Week: 1,292 Marijuana Banking Relationships Terminated in 12 Months

By Becky Olson Nearly 400 banks, credit unions and other financial institutions terminated relationships with 1,292 marijuana-related businesses across the country from February 2014 through January 2015, according to information from the Financial Crimes Enforcement Network (FinCEN). That equates to an average of 100 terminations per month, underscoring the

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Chart of the Week: Denver’s 4/20 Tourism Bonanza

By Becky Olson It’s April 20, and the nation’s first two recreational cannabis markets appear to be benefiting from a solid tourism bump tied to today’s annual marijuana celebration. The increase is most pronounced in Colorado, where searches for Denver-area hotels this past weekend surged 60% from the 4/20 weekend last year, according to Hotels.com. […]

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