07.10_C

Americans spent $400M on cannabis for Fourth of July

Legal weed is taking its place with beer, hot dogs and fireworks as a July 4th staple, according to sales data showing nationwide sales spiked to $400 million or 60 percent above average during the week leading to Independence Day.

HIGHLIGHTS

  • Wednesday, July 3, was the highest sales day of the July 4th week and the highest grossing Wednesday of the year with sales more than twice the daily average (112 percent increase).
  • To put it in perspective, according to WalletHub- the same holiday in 2018 Americans spent $1B on beer, another billion on fireworks and $568M on wine.

Click to read the full article on 420 Intel



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