Data

Data shows that millennials made about 45% of the cannabis industry’s pre-roll purchases from 2023 to mid-2024.

A recent study in the Journal of Cannabis Research found that government sources are generally the least likely sources of information used by individuals looking to learn about cannabis.

Cannabis pre-rolls were the fastest-growing product category in the cannabis industry last year for the second year in a row with an 11.89% jump in sales revenue year-over-year, according to a white paper report.

The global industrial hemp market is projected to grow by nearly $14 billion from 2023 to 2028 with a CAGR of 25.25%, driven largely by the crop’s textile potential and commercial versatility.

Recent data from the Centers for Disease Control and Prevention (CDC) found that cannabis use among U.S. high schoolers has declined significantly over the last 10 years. The period encompasses the launch of each of the country’s state-based cannabis legalization experiments.

About nine out of every ten comments submitted to the DEA on the proposal to federally reschedule cannabis either favored the reforms or called on the government to go further and remove cannabis entirely from the federal drug schedule.

Nearly half of U.S. cannabis operators believe that the cannabis industry is going to perform better in the coming year while just 19% say they expect things to get worse, per survey data from the 2024 MJBiz Factbook.

The annual Vangst Jobs Report found that U.S. cannabis jobs increased by over 5% in 2023, with the industry currently supporting 440,445 “full-time equivalent” positions.

According to the 2022 U.S. National Survey on Drug Use and Health, just over 11% of 12- to 17-year-olds reported consuming a cannabis product within the last year; the figure represents an uptick from 2020 and 2021, but a decrease from 2019 levels.

According to a recent Congressional Research Service report, there was a nearly 50% reduction in the amount of hemp crops planted in the U.S. from 2021 to 2022.

Data from the cannabis tech company Weedmaps found that retail cannabis sales on the day before Thanksgiving — dubbed “Green Wednesday” by the industry — surpassed average cannabis sales on Black Friday.

FBI data suggests that U.S. law enforcement officers made at least 227,108 arrests for cannabis violations in 2022, up from 219,489 cannabis arrests the previous year.

A recent study using data from the National Survey on Drug Use and Health found that binge drinking among teenagers tends to decline following the passage of adult-use cannabis laws.

Cannabis pre-rolls saw the highest year-over-year sales growth from 2021 to 2022 of any other product category in the industry.

A recent report by New Frontier Data found that slightly more than half – 52% – of cannabis consumers in adult-use markets get their cannabis primarily from dispensaries.

Millennial and Gen Z shoppers account for the majority of all cannabis sales in the U.S. (63%) and Canada (72.1%), according to recent data from the analytics firm Headset.

Delta-8 THC products have generated nearly $2 billion in revenue over the last two years.

A federal survey found 52.5 million Americans aged 12 and older, about 20%, reported having used cannabis over the past year.

The latest piece in our 2023 Cannabis Industry Predictions series features experts in cannabis data collection and analysis, operations management, technology, employment, industry events, and tourism.

The international industrial hemp market is expected to reach $18.1 billion by 2027, according to a new market report.

Research analysts at Cowen Equity Research say that legal cannabis sales in the U.S. have started eating into the sales of beer, wine, and liquor.

A new analysis of the latest Gallup poll found that Americans aged 18-29 are far more likely to smoke cannabis than cigarettes.