Marijuana Industry Statistics, Data and Charts

Chart of the Week: 100,000+ Workers Employed By Marijuana Companies

By Eli McVey The U.S. marijuana industry has quickly become a major job generator, with cannabis-related companies now employing an estimated 100,000 to 150,000 workers. The estimates – released in the 2016 Marijuana Business Factbook – include employment at retailers, wholesale grows, infused products/concentrates companies, testing labs and ancillary firms focused primarily on marijuana.

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Chart of the Week: Cannabis Retailers Excel in Key Revenue Metric

By Eli McVey Dispensaries and recreational marijuana shops fare well against other retailers in a key financial metric: revenue per square foot. Cannabis storefronts average $974 in revenue annually per square foot of space – slightly higher than a Whole Foods and much more than the typical pharmacy, according to the Marijuana Business Factbook.

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Chart of the Week: Profitability in the Cannabis Industry

By Marijuana Business Daily staff Despite all the challenges, regulations and roadblocks the cannabis industry faces, the vast majority of marijuana companies are actually doing well financially. Nearly 90% of operating dispensaries and recreational marijuana stores, infused products companies and wholesale cultivators – the three pillars of the MJ trade – report that they are […]

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