US Cannabis Dashboard
Since the word "marijuana" entered the public eye of the United States in 2014, its legal market share has reached $26.5B from 0 to 2022, and is expected to reach $58.63B in 2030.
In addition to financial related data, the number of active dispensaries in the United States in 2022 is 6.6K, the number of cannabis consumers in the United States is 49.5M, the legal market size is $26.5B, and the outdoor area of cannabis plants is 33.5K.
Product Sales Index - United States
In the United States, where the industry is the first, Huaye has ranked first in market sales for a long time, with a market share of around 40% from 2019 to 2022; followed by electronic atomization liquid (CBD/THC Vape oil), with a market share of 30% ; other uses including tinctures, extracts, external administration and direct consumption accounted for less.
General marijuana consumer data information in the United States is as follows:
Consumer density: 134/thousand people
Annual consumption rate: 17% (over 18 years old)
Monthly consumption rate: 12% (over 18 years old)
Medical patient scale: 440W
The main reasons for American consumers to consume cannabis products are: to relax, relieve stress, reduce anxiety, improve sleep quality, and relieve pain, etc., which correspond to the anti-inflammatory, sleep-aiding, and wound-healing effects of cannabis products (see the link for details).
Cannabis data set table:
US CBD Retail Situation and Future Market Forecast
Retail Spending on Cannabis Foods
Compared with Europe and Asia, THC products in the United States are prevalent, and the CBD market share is not high, but sales are still high. The breakdown of retail spending on cannabis edibles has been mentioned in the table above. It is worth mentioning that the failure of the SAFE Banking event in the U.S. Senate (worth $33B in Congress, and large companies in the cannabis industry with 30K employees cannot obtain banking services, which will cause massive unemployment) has brought an unknown impact on the cannabis food and snacks industry. Especially in terms of the influence of public opinion, some people commented that "this is definitely a huge failure of the leadership of the Senate".