Whitney Economics

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Cannabis Industry Has 440,000 Full-Time Workers

More than 440,000. That is the approximate size of the cannabis industry’s labor force in this country, according to newly…

6 months ago

2024 U.S. Cannabis Sales Projected To Exceed $31 Billion

Regulated marijuana sales in the United States are expected to exceed $31 billion this year, according to a recent economic…

7 months ago

Texas Cannabis Companies’ Economic Impact Predicted To Surpass Wine

Cannabis businesses in Texas may soon make more money than the wine industry, the Austin Business Journal reports. Cannabis companies…

1 year ago

Only 24.4% of Cannabis Operators Profitable Due to 280E, Other Challenges

A new report on the U.S. cannabis market is making the rounds, and paints a pretty dire picture of where…

1 year ago

Cannabis Industry Paid $1.8 Billion in Excess Taxes in 2022

According to data from the cannabis research firm Whitney Economics, the cannabis industry paid an excess of $1.8 billion in…

1 year ago

Inflation is making it tougher to open cannabis business

Construction costs are crazy—and that could mean fewer stores and higher prices for cannabis consumers. The post Inflation is making…

2 years ago

Annual Leafly Report Shows US Cannabis Industry Supports 428,059 Jobs

The 2022 job report from Leafly explores the newest data on cannabis jobs, which provides an in-depth look at the…

3 years ago

Americans on pace to spend twice as much on weed as on milk

At the half-year mark, 2021 US cannabis sales topped $12 billion. That's as much as consumers spent on milk in…

3 years ago