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Weekend Cannabis Sales To Surpass $250M

By Benzinga Staff Writer, The Fresh Toast on

Published in Cannabis Daily

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"Whether people are turning to cannabis for relaxation, to nurture a sense of togetherness, or for other reasons, consumers have made it clear that cannabis is part of Thanksgiving preparation," said James Ahrendt, Business Intelligence Architect at Akerna. "In anticipation of these major increases in sales and traffic, dispensaries and retailers should prepare their staff and promotions accordingly."

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Other predictions for 11/24 – 11/27:

Category sales:

Flower – 48% Cartridge/Pens – 32% Concentrates – 10% Infused Edibles – 9% Other – 1%

Average order total:

Adult-use – $81.20 Medical – $127.30

 

Sales by demographic:

62% male 38% female

Sales by age groups: 

Under 30 – 28% 30-40 –31% 40-50 – 20% 50-60 –12% Over 60 – 9%

This article originally appeared on Benzinga and has been reposted with permission.

The Fresh Toast is a daily lifestyle platform with a side of cannabis. For more information, visit www.thefreshtoast.com.

The Fresh Toast