U.S. Cannabis Sales Hit $17.5 Billion In 2020 | Forbes
U.S. Cannabis Sales Hit $17.5 Billion In 2020 | Forbes
The coronavirus was good for some industries and ruinous for others. For cannabis, 2020 was a breakout year. Legal sales across the U.S.—14 states allow adult use, 36 allow for medical sales—hit a record of $17.5 billion, a 46% increase from 2019, according to a new report.
Most of the sales growth came from adult-use markets, especially mature markets like Colorado, which grew sales by 26% to reach $2.2 billion, and Oregon, which saw sales hit $1.1 billion, a 29% increase over 2019, according to the report published by BDSA, a cannabis sales data platform.
Emerging markets like Illinois, which expanded its medical cannabis market to include adult-use sales last year, saw the largest dollar gain in 2020, rising by $784 million. (Illinois’ cannabis market is now doing over $1 billion in sales.) California, the country’s largest cannabis economy at $3.5 billion, increased sales by $586 million, while Florida saw a $473 million increase.
Read the full profile on Forbes: https://www.forbes.com/sites/willyakowicz/2021/03/03/us-cannabis-sales-hit-record-175-billion-as-americans-consume-more-marijuana-than-ever-before/?sh=65aca5b82bcf
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Buying an oz in MA*
I approve this Message 😎
So Much smoke
In Europe we get Canadian medicinal Cannabis prescription. 50g cost 600 Euros.
1:43 gotta inhale bro
In India cannabis is very much available in fields.
I heard prohibition works
People making millions off the herb, and in my country you can get years for a certain amount.
People act surprised that selling weed is profitable…I don’t get it.
And 100 billion of it sold illegally you forgot to add that .
Big business just make more money… selling low-grade flour that should be $20 and eight for 55 a 8th its crazy…
I am from the netherland . I realy love it what you doing in america and canada . We whare the first country in the world . If i say i from netherland ooo amsterdam hasjie . But now we so behind its still the same as in 1976 . Legaal but not legaal sell is legaal grow is ilegaal
Tegridy farm in Colorado help a lot!
Just smoke up and chill, don’t let this Beautiful plant be corrupted by politicians and money.
Ofc weed took off in 2020. How tf else ppl suppose to survive a pandemic🤣
It’s sad to think so many people are in jail for doing what everyone else is doing right now. They just used a plant that made them feel better
All these red states missing out on that weed money. Stay broke squares.
Man, I hope it gets legalized this year in Germany and I can finally grow my own. I just love the plant maybe even more than I like smoking it.
420 comments. I’m 421 hi
Legalize it!
Sittin here watching this while smokin some bonsai lemon g.
What are yall smokin?
Mature markets are a good idea for arthritis and those who struggle to go out for anxiety reasons 🙂
weed is boring. who smokes that stuff anymore
This pandemic got every body smoking
This means your govt is making huge stacks
Y aquí en México no la quieren legalizar por la payola y por ser el gobierno la cabezilla de las mafias
😂Llegue para el "comentario #420"
What a shame it took this long to legalize
Good news for sinaloa cartel…
That’s money that:
– you took AWAY from the cartels.
&
– received tax revenue for
And you didn’t need to imprison people for it either.
👍 good job.
All drugs should be legalized and regulated
And not one penny went to China🤣
When will UK learn from this!
German Politicians seeing this 🙈🙉
okay who am I kidding… they dont even bother to watch. 17.5 Billion Dollar….This is a serious business.
Y mientras en México sigue siendo ilegal negándonos la oportunidad de entrar en la industria del Cannabis. Porque Es evidente que tiene propiedades medicinales.
They got sum dope
Bro I mean weed is nice but the memory loss man
)
Legalize Wisconsin
Wish they legalized it in Denmark, it could a so much better country if it wasn’t for Denmark’s imbecile politicians
When will India see this 🤦♂️
now triple those digits and youll have a more or less quota of the money the outlaws were making when it wasnt legal!
With the shutdown, more people are growing their own now too. The feds have no clue, nor resources to prevent that, and the rest of the industrial grow market economy from moving forward.
Long time coming, but it’s pretty much in forward motion.
We can probably expect full legalization nation wide within 2-3 years.
wish they legalize in germany politics are trash here
no i gitara
legalize idaho.
Legalize the leaf ✌
Come on texas 🤞🤞
And here in Germany we are still sitting where we sat 20 years ago…
wow junk economics 🤣 first one is free?
Yes New Mexico and New York just legalized pot.