Amid Raging Wildfires, Is California’s Market Up in Smoke?
November 10, 2019
Illicit Cannabis Supply Output Still Dominates in the U.S.
November 24, 2019Amid Raging Wildfires, Is California’s Market Up in Smoke?
November 10, 2019Illicit Cannabis Supply Output Still Dominates in the U.S.
November 24, 2019
- These 10 states make up 57.9% and 57.7% of all illicit supply that is demanded in the U.S. in 2019 and 2020 respectively.
- The total estimated supply required to support the U.S. cannabis industry in 2019 is 29.8 million pounds, projecting to 34.4 million pounds (up 15.4%) by 2025.
- In 2019, 18.2% of the total U.S. supply comes from legal markets.
- California, New York, Texas, Florida, and Illinois, respectively, have the largest amounts of illicit supply per state.
- Most of an illicit market’s supply is imported from other states.
- The largest exporting state is California, followed by Oregon, Washington, Florida, Colorado, and Hawaii.
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