NuggMD, an online platform for medical cannabis patients seeking doctor approval (among other things) in 28 states, describes itself as “a team of technology enthusiasts, doctors, and cannabis patients on a mission to help people everywhere understand how cannabis can improve their lives and wellbeing.”
The online platform recently conducted a poll in which it asked, “How much of your cannabis comes from licensed, regulated dispensaries versus the numerous alternatives (D8 Shop/Vape Shop/Dealer/etc)?”
Sixty five percent of respondents chose “all of it” and another 12% selected “most of it” among the polling answer options. Only 6% of respondents selected “none of it” and another 4% selected “I don’t know which retailers are licensed versus unlicensed.”
“NuggMD.com used first-party data to conduct this poll. It was an online questionnaire sent to a list of opt-in respondents, all of whom consume cannabis regularly. The poll was conducted from July 25 to July 30 2024.” NuggMD stated about its methodology for its poll, which involved 473 participants.
79% of people living in the United States lived in a county with at least one regulated cannabis dispensary according to an analysis by the Pew Research Center. The Pew Research Center also found the following:
- 74% of people in the U.S. live in a state where recreational or medical cannabis is legal
- There are nearly 15,000 cannabis dispensaries in the U.S.
- California has the most overall dispensaries (3,659)
- Oklahoma has the most dispensaries per capita (36 dispensaries for every 100,000 residents)
Total legal cannabis sales in the United States are expected to reach $31.4 billion in 2024 according to a recent analysis by Whitney Economics. Additionally, leading cannabis jobs platform Vangst, in conjunction with Whitney Economics, estimates that the legal cannabis industry now supports 440,445 full time-equivalent cannabis jobs in the United States.
Whitney Economics also projects the following legal cannabis sales figures in the United States for the coming years:
- 2024: $31.4 billion (9.1% growth from 2023)
- 2025: $35.2 billion (12.1% growth from 2024)
- 2030: $67.2 billion
- 2035: $87.0 billion
The emerging legal cannabis industry in the United States is projected to add roughly $112 billion to the nation’s economy in 2024 according to an analysis by MJBiz Daily. The projection is part of the company’s 2024 MJBiz Factbook.
“The total U.S. economic impact generated by regulated marijuana sales could top $112.4 billion in 2024, about 12% more than last year,” MJBiz stated in its initial reporting.
The United States adult-use cannabis industry has generated over $20 billion in total tax revenue since the first legal recreational cannabis purchase was made in Colorado on January 1st, 2014 according to a report by the Marijuana Policy Project.
“Through the first quarter of 2024, states have reported a combined total of more than $20 billion in tax revenue from legal, adult-use cannabis sales. In 2023 alone, legalization states generated more than $4 billion in cannabis tax revenue from adult-use sales, which is the most revenue generated by cannabis sales in a single year.” the Marijuana Policy Project stated in a press release.