Insider Cannabis newsletter: January 15 - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

United Kingdom News News

Insider Cannabis: 26 startups set to soar in 2021 — Bill Miller's cannabis stock pick — The largest illicit marijuana markets

found, perhaps unsurprisingly, that people bought and consumed more junk food in states that have legalized recreational marijuana. from New York University professor Joseph Palamar found that marijuana use increases steadily throughout the year, using data from the National Survey on Drug Use and Health. The researchers theorize the relatively low use in January could be due to New Year's resolutions.

The regulated cannabis market is growing, but according to New Frontier Data, the illicit market still serves the vast majority of US cannabis consumers. Among US states that have no regulated medical or adult-use market, Texas by far has the largest illicit cannabis market, followed by North Carolina and Georgia. Sales in these three states make up around $8.3 billion in sales every year; by 2025, that figure is expected to jump to $9.8 billion if the states remain unregulated.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Finian27 Can you get me access to this? And don't be such an obtuse tart about it either

Clicked because I thought it was a stock pick from billmaher

cant wait for weed and other psychedelics to be legalized in texas

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines