Ten Intriguing Cannabis Statistics From 2019

  • $344 Billion: 2019 Total Global Cannabis Consumer Expenditures (Legal + Illicit)
  • $13.6 Billion: 2019 U.S. Legal Cannabis Sales
  • $29.7 Billion: Estimated 2025 U.S. Legal Cannabis Sales
  • 258,437: 2019 U.S. Legal Cannabis Jobs Created
  • $1.41 Billion: 2019 U.S. Federal Tax Revenues Generated
  • 28%: Amount of U.S. Adults Who Have Consumed CBD
  • $11.0 Billion: 2019 Investments in U.S. Legal Cannabis
  • 17%: Amount of U.S. Consumers Who Have Purchased a Hemp Product, 2018-2019
  • -50%: Decline in Colorado's Wholesale Cannabis Prices, since 2015
  • 479%: Increase in U.S. Hemp Cultivation Acreage, from 2018 to 2019


Receive the best hemp news in the industry delivered to your inbox every week!

The post Ten Intriguing Statistics from 2019 appeared first on New Frontier Data.

The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Image Sourced from Pixabay

Posted In: cannabis industryCBDNew Frontier DataCannabisNewsMarketsGeneral

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.