Today's Weed News For July 10th 2019 #$400MILLION

3 months ago

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For today's weed news we go to all of the great United States of America.

As acceptance of cannabis grows around the country, it's beginning to look like weed is even becoming part of our Fourth of July celebrations! That's right, along with hot dogs beer and fireworks, Americans are spending hundreds of millions of dollars on cannabis products around Independence Day.

A company called Akerna Corp, which tracks cannabis and cannabis products sales around the world, just released sales data for this year's Fourth of July week and the numbers are impressive.

On June 30th, the Sunday before Independence Day, cannabis sales on average were 50% higher than on regular Sundays this year.

The following day, Monday, July 1st saw sales that were 45% higher than regular Mondays.

On July 2nd, Tuesday, sales were 53% higher than average daily sales and amounted to "the highest grossing Tuesday of the year."

Wednesday the 3rd sold more than double the daily average with an increase of 112% in sales, making it "the highest grossing Wednesday of the year" as well.

On July 4th itself, although many cannabis retailers we're not even open, sales still exceeded the national daily average!

All together it is estimated that cannabis consumers in the US spent over $400 million dollars on cannabis-related purchases during a week of the 4th.

In comparison, America spent over 560 Million on wine, and a cool 1 billion dollars on beer during the same time last year, according to WalletHub.

So if you ask me, I don't think it's going to be long before blazing some tree becomes part of America's Fourth of July tradition. As a matter of fact, I wouldn't be surprised to see weed use creep into most holidays, cuz like most Stoners know, cannabis makes a lot of things that are already enjoyable even better!

And I'm sure that as legalization continues to spread across the country, these numbers are only going to go up.

But for now, that's what's up with American weed consumers on the 4th of July.

source: bit.ly/2XHNBYg

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