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Hashish gross sales data proceed to be damaged at each alternative, and the most recent vacation was no exception.
I may definitely scent the aroma of freedom within the air over Independence Day, and that freedom smells loads like Strawberry Kush.
The July 4th weekend provided the most recent probability for analysts to pore over gross sales numbers, and the outcomes confirmed hashish fanatics spent a record-setting $255.5 million on flower, vapes, THC-infused drinks and different merchandise in the course of the vacation, in response to information from canna-tech agency Akerna.
On the Friday previous our nation’s oldest vacation alone, the hashish business noticed $106.7 million in gross sales, a 19% leap from the identical day in 2021.
“As extra markets legalize hashish and extra folks acquire entry to the plant, we count on these year-over-year will increase to proceed,” James Ahrendt, enterprise intelligence architect at Akerna, stated in a press release.
This pattern is one in every of upward momentum, as 4 states noticed record-breaking hashish gross sales in July of 2021, in response to Marijuana Second.
4/20 Data Damaged
And, People set a brand new file for gross sales this 4/20, reaching $154.4 million, probably the most hashish ever bought in a single day. Within the six-day interval across the hashish vacation, retail gross sales reached $485 million, in response to dispensaries.com.
Knowledge present ladies are an rising section of consumers, too. On 4/20, ladies made up greater than 40% of all hashish consumers, breaking the 40 % mark for the primary time.
So far as age, consumers beneath 30 accounted for 28.38% of 4/20 gross sales, 30-40 year-olds made up 30.43%, 40-50 year-olds accounted for 19.92% of hashish gross sales, 50-60 year-olds made up 11.49%, and consumers over 60 accounted for the remaining 9.78%.
Whereas they continued to make up the smallest share of hashish consumers, seniors are one other rapidly rising demographic of hashish customers.
In reality, in response to a 2016 examine by Stratos, seniors are the fastest-growing pot demographic within the nation, with hashish use amongst these 55 and older rising by 53% between 2013 and 2014.
Irrespective of the place one seems to be, cannabis-related gross sales numbers are rising, and it doesn’t look as if we are going to hit a ceiling within the business any time quickly.
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