A majority of Americans who use marijuana say they’re spending more on cannabis now than they were last year, and many expect to spend even more over the next year, according to a new poll shared exclusively with Marijuana Moment.
In an effort to gauge the strength of the marijuana economy, the survey from the cannabis telehealth platform NuggMD asked consumers about their own spending habits and expectations, with results that signal continuing growth in the sector.
About 61 percent of the 273 respondents said they’re now spending either “much more” (41 percent) or “more” (17 percent) on cannabis compared to last year. Only 22 percent said they’re spending less, while 16 percent said their spending levels are “about the same.”
Asked how they anticipate their purchasing behavior to change over the next year, 45 percent of the 411 respondents who faced that question said they expect to spend “a bit more” (27 percent) or “much more” (18 percent). By contrast, 25 percent they think they’ll spend less, while 31 percent said they don’t expect the amount they shell out for cannabis to change.
Via NuggMD.
NuggMD said that the data on the increased spending—and anticipated additional spending over the
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