Americans and Canadians Spent $53.3 Billion on Weed Last Year
U.S. and Canadian weed consumers plopped down $53.3 billion for legal and illegal marijuana in 2016, according to a new report from Arcview Market Research. However, the vast majority of those transactions took place on the black market.
Still, this is more money than Americans spent at McDonald’s and Starbucks combined, according to QSR Magazine.
Arcview’s 22-page executive summary for the “State of Legal Marijuana Markets” estimated that the black market still accounts for 87 percent of marijuana sales, down 90 percent in 2015.
The North American legal weed market posted $6.9 billion in revenue in 2016 alone, a 30 percent increase from the year before—meaning that it’s growing as fast as broadband internet grew in the 2000s, according to the Pew Research Center.
But, still, it sounds like quite a bit of revenue is going into the illegal market.
What strain are you smoking on today?
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With Chocolope, DNA Genetics continues their project of creating tasty short-flowering sativas and reviving the classic features of old school Thai stick. The strain's father, Cannalope, is a sativa line backcrossed for fast finishing. DNA refined this feature still further, then crossed a Cannalope male with an Original Chocolate Thai female. Tasting is believing: the result retains the special flavors and effects of the OG Chocolate Thai, and lives up to the nickname Chocolope in flavor as well as genetics. It brings back a chocolate edge that was more common among good weed of the 1980s, mixed with the fruity sweetness of the Cannalope.
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