5 Cannabis Stats Every Entrepreneur Should Know by Entrepreneur

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These days, it seems as if every entrepreneur is going green. Here are five quick stats you should know about the burgeoning legal marijuana business from cannabis technology platform Eaze.

  • Age groups are diversifying. Baby Boomers are one of the fastest growing segments, increasing by 25 percent over the past year.
  • Women are making their mark. Female cannabis consumers nearly doubled over 2018, and CBD is driving a new demographic of consumers.
  • Social justice and inclusion efforts are critical. We don’t want to leave behind those who have been affected by the War on Drugs prior to legal adult use.
  • It has holidays throughout the year. The day before Thanksgiving, or “Green Wednesday,” was the most popular in 2018, with 4/20 coming in second.
  • Consumers across the U.S. can now access it. Hemp-derived CBD is being sold in traditional brick and mortar stores like Sephora, CVS and The Vitamin Shoppe. 

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June 14, 2019 at 09:32AM
https://www.entrepreneur.com/video/334276
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