The District of Columbia holds the record for the highest price per ounce of high quality marijuana in the United States, as of January 2025, with an average price of some 590 U.S. dollars per ounce. Recreational cannabis use Recreational cannabis is not legal in all U.S. states; however, many consumers use the drug illicitly. A recent survey indicated that over half of U.S. adults think that cannabis should be legalized and taxed like alcohol and tobacco. Recreational cannabis is often used by consumers for relaxation, stress relief, and creativity, to name a few. Surveys have shown that a majority of recreation users use marijuana for relaxation. Legal marijuana market potential It is projected that by 2025 the sales of legal cannabis in the U.S. will generate approximately 25 billion dollars in revenue. The regulation of marijuana includes the taxation of all sales. There is potential for the U.S. cannabis market to generate significant taxes and boost the economy. It is estimated that the taxes from legal marijuana sales would exceed the taxes earned from U.S. sales taxes by a significant amount.

This statistic presents select cities in the U.S. based on the price of medical/recreational marijuana, reported between April and December 2024, in U.S. dollars per ounce. In New Orleans, Louisiana, the price per ounce of high-quality marijuana stood at *** dollars, as of July 28, 2024. Medical Marijuana Market Growth The medical marijuana industry in the U.S. is experiencing rapid expansion, with retail sales projected to reach *** billion by 2028. This growth is driven by increasing legalization, with ** states and the District of Columbia now permitting medical marijuana use. Florida leads in patient numbers, with approximately ******* registered users as of mid-2023. The market's expansion is also evident in the variety of consumption methods, with flowers and edibles being the most popular among U.S. adults. Regulatory Landscape and Consumer Access Despite the growing acceptance of medical marijuana, federal law still classifies cannabis with over ***% THC as illegal. This contradiction between state and federal laws creates a complex regulatory environment. However, public support for marijuana legalization continues to rise, with most Americans believing in its valid medical uses. States like Arizona and Illinois are forecasted to have the largest growth potential within the U.S. medical marijuana market between 2021 and 2026.

Current prices and price indexes of cannabis, by medical purposes and non-medical purposes, Canada, provinces and territories, annual.

This data set contains preliminary monthly sales data for the average price per gram of usable cannabis in both the adult-use cannabis and medical marijuana markets. For the purposes of this dataset, "usable cannabis" includes raw flower in whole, ground, or pre-rolled form, without additional extracted materials. The data reported is compiled at specific points in time and only captures data current at the time the report is generated. Data values may be updated and change over time as updates occur.

The spot price for wholesale cannabis in the United States has fluctuated over the past three years. In January 2024, the spot price of wholesale cannabis was 955 U.S. dollars per pound.

In 2018, the price of cannabis in Panama amounted to **** U.S. dollars per gram. Chile ranked second among the countries analyzed, with an average price of *** dollars per gram. Meanwhile, in Brazil, the average price per gram of cannabis added up to **** U.S. dollars.

Sources

Public data taken from: Laws by State Kaggle dataset by @adarshsng Marijuana prices Top 20 NA commercial growers

Explanation

Dataset presents 2 csv files both connected by state column. weed_clean.csv columns: state state_s (Postal abbreviation for state) highQ_price_ounce (high quality) medQ_price_ounce (medium quality) total_population percent_white percent_black percent_asian percent_hispanic per_capita_income (in USD) median_rent (in USD) median_age (in USD)

regulations.csv columns: state legality medicinal decriminalized

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This dataset contains the predicted prices of the asset cannabis over the next 16 years. This data is calculated initially using a default 5 percent annual growth rate, and after page load, it features a sliding scale component where the user can then further adjust the growth rate to their own positive or negative projections. The maximum positive adjustable growth rate is 100 percent, and the minimum adjustable growth rate is -100 percent.

This statistic presents the average price per ounce of marijuana in selected cities in Colorado between February and July 2024, in U.S. dollars. The price for medium quality marijuana in Colorado Springs stood at 100 U.S. dollars per ounce on February 4, 2024.

Comprehensive analysis of Michigan's cannabis market evolution from October 2019 through October 2025, documenting unprecedented price compression and market transformation using monthly aggregated statewide data from the Michigan Cannabis Regulatory Agency.

As of February 11, 2020, the average retail price for *** ounce of adult-use cannabis sold in the illegal market was *** dollars in Idaho. In contrast, the average retail price in the illicit market for marijuana in Texas was more expensive, reaching around *** dollars.

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US Cannabis Market Size 2025-2029

The US cannabis market size is forecast to increase by USD 141.48 billion at a CAGR of 37.1% between 2024 and 2029.

The US cannabis market is experiencing significant growth, driven by the expanding millennial population in key markets and increasing investment in research and production of medical marijuana. This demographic shift, coupled with growing acceptance of cannabis for medicinal purposes, presents a substantial opportunity for market expansion. From soothing medical treatments to trendy recreational products, cannabis is weaving its way into the fabric of American life, transforming healthcare, leisure, and local economies. However, challenges persist, including accessibility issues and high prices associated with medical cannabis. These obstacles necessitate strategic planning and innovation from industry players to effectively cater to consumer needs and maintain competitiveness.
Companies seeking to capitalize on market opportunities must navigate these challenges, ensuring regulatory compliance and offering competitive pricing and accessibility solutions. By addressing these factors, businesses can effectively position themselves in the dynamic and evolving cannabis market landscape.

What will be the size of the US Cannabis Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The cannabis market in the US is experiencing significant market dynamics and trends, with various entities playing crucial roles. Environmental impact is a pressing concern, as the industry explores sustainable practices, such as water management and energy efficiency, to minimize its carbon footprint. Economic impact is substantial, with tax revenue generation and job creation being key drivers. Regulatory challenges persist, as legal frameworks evolve, addressing issues like intellectual property, data analytics, and drug abuse prevention. Product safety and consumer safety are paramount, with rigorous testing for addictive substances and contaminants. Yield optimization and nutrient solutions are essential for maximizing profits, while cannabis accessories, including dab rigs and vaporizers, cater to diverse consumer preferences.
Waste management and public health concerns are also critical, as the industry navigates the complexities of the legal framework, grey market, and public opinion. Social equity initiatives aim to address historical injustices and promote community impact. Trichome analysis and legalization debates continue, as the industry strives for product standardization and consumer trust. Regulatory compliance, product safety, and sustainability are essential for navigating the evolving cannabis market landscape.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Derivative Type

  CBD
  THC
  Balanced THC and CBD


Product

  Medical
  Recreational


Source

  Marijuana
  Hemp


Cultivation Type

  Indoor Cultivation
  Outdoor Cultivation
  Greenhouse Cultivation


Distribution Channel

  Dispensaries
  Online


Geography

  North America

    US

By Derivative Type Insights

The cbd segment is estimated to witness significant growth during the forecast period.

The CBD segment in the US cannabis market is expected to remain dominant due to the federal legality of hemp-derived CBD oil. This trend is driven by relaxing government norms regarding CBD usage in most states and at the federal level. As of 2024, states like Georgia and Indiana allow hemp-derived CBD oil for medicinal purposes, with Georgia permitting oil containing up to 5% THC for specific medical conditions, and Indiana allowing its use as long as it contains less than 0.3% THC. Quality control and compliance regulations are crucial in the cannabis industry, with potency testing, heavy metal testing, microbial testing, and pesticide testing being essential for ensuring consumer safety.

Extraction methods, such as supercritical fluid extraction and CO2 extraction, play a significant role in the production of CBD isolate, broad-spectrum CBD, and THC oil. Brand development and marketing strategies are essential for businesses looking to succeed in the competitive cannabis market, with product labeling, inventory management, and consumer perception being key factors. The cannabis market encompasses various product offerings, including cannabis edibles, cannabis concentrates, and cannabis cultivation methods like soil cultivation, outdoor growing, and indoor growing. Organic cannabis and child-resistant packaging are also important considerations for businesses. Despite t

Revenue for the US cannabis farming industry has expanded at a CAGR of 9.4% since 2020 to reach $19.7 billion in 2025, with a 6.0% increase in the year. This growth has been driven primarily by the continued expansion of legalized state markets, particularly the adoption of recreational use in new jurisdictions such as New York, Maryland and Minnesota. However, rapid maturation has led to imbalances in established markets like Colorado, Washington and California, where broad licensing and production surges have created excessive supply. Oversupply has caused wholesale prices to collapse, eroding profitability for growers and forcing widespread consolidation as smaller farms struggle to cover costs in a sharply competitive environment. Shifting consumer preferences are reshaping the market landscape as cannabis becomes increasingly integrated into lifestyle and wellness routines. National surveys indicate record levels of public support and expanding consumption, particularly among adults replacing alcohol with cannabis-based alternatives. Product innovation is at the center of this shift, with edibles, pre-rolls and vaping products expanding consumer engagement through convenience and discretion. At the same time, hemp-derived THC products have emerged as formidable competitors due to lighter regulation, lower prices and broad accessibility in traditional retail channels. These offerings are pulling demand from dispensaries and pressuring regulated producers to differentiate through quality, safety and branding. Looking ahead, the path of legalization will remain the most critical determinant of industry expansion. Additional state-level approvals and potential movement on stalled federal reforms could open new markets and investment flows, supporting revenue growth projected at a CAGR of 5.8% through 2030 to reach $26.1 billion. Yet the industry faces growing challenges from climate change, which threatens yields and adds cost volatility through drought, heat and pest pressure. To manage production risks and achieve efficiency, cultivators are increasingly adopting precision agriculture, hydroponics and climate-controlled systems. These technologies enhance sustainability and output reliability but require significant capital investment, meaning profitability over the outlook period will hinge on innovation, scale and resilience.

This dataset contains the predicted prices of the asset BASED CANNABIS over the next 16 years. This data is calculated initially using a default 5 percent annual growth rate, and after page load, it features a sliding scale component where the user can then further adjust the growth rate to their own positive or negative projections. The maximum positive adjustable growth rate is 100 percent, and the minimum adjustable growth rate is -100 percent.

Abstract

The full legalization of cannabis is currently being deliberated in South Africa. The aim of this survey was to better understand how the market operates by investigating how cannabis consumers respond to price changes and the factors associated with the price that consumers pay

Geographic coverage

This survey has no geographic representivity

Analysis unit

Individuals

Kind of data

Sample survey data

Mode of data collection

Internet [int]

Introduction: Canada legalized recreational cannabis in October 2018, but commercial retailing took time to develop. This study first explored how self-reported cannabis use prevalence, daily use, product type use, and age of initial use changed during 2019-2023. It then analyzed whether the changes were associated with rising store numbers or falling prices. Methods: Data on store counts, retail pricing, and cannabis use came from government reports covering 10 provinces over 5 years. Panel data linear regressions analyzed 50 province-year aggregated observations. Results: There were no significant changes in prevalence among males and people aged 16-24, or in the proportion using cannabis daily. Prevalence among females increased; it was negatively associated with prices. Prevalence among people aged 25+ also increased: it showed tentative negative associations with prices. Dried cannabis use decreased and was positively associated with prices. Edibles use increased and was negatively associated with prices. Mean initial age of use increased; it was negatively associated with prices and positively with stores. Conclusion: Canada’s large cannabis retail expansion was accompanied by relatively modest usage changes, most of which showed associations with falling prices but not rising store counts.

Housing Prices and Access to Cannabis

A comparison of legal and non-legal states

About this dataset

The legal cannabis industry is booming, and it's having a major impact on housing prices across the country. In states where recreational cannabis sales are legal, prices have skyrocketed. But what about in states where it is not?

This dataset compare housing prices in legal and non-legal states, in order to determine whether or not there is a correlation between the two. Are houses in legal states really worth more? Or is something else at play?

Download the dataset and take a closer look to find out!

• State: The state in which the housing data was collected
• HPI_AT_BDL_national: The national average home price index (HPI) value for that state
• HPI_AT_BDL_state: The statewide home price index (HPI) value for that state
• legal: A binary value indicating whether or not recreational cannabis sales are legal in that state

Research Ideas

• Research whether or not there is a correlation between housing prices and states where recreational cannabis sales are legal.
• Compare housing prices in states where recreational cannabis sales are legal and those where they are not, in order to determine if there is a difference between the two groups.
• Examine if there is a relationship between changes in housing prices and changes in the legal status of recreational cannabis sales in a state

In 2021, the estimated typical wholesale price of cannabis in Trinidad and Tobago amounted to ******** U.S. dollars per kilogram. Costa Rica followed among the countries analyzed, with a typical price of *** dollars per kilogram. Meanwhile, in Honduras, the typical price per kilogram of cannabis added up to an estimated ** U.S. dollars. In that year, the market value of medical and adult use cannabis in Latin America was estimated at over ** billion U.S. dollars.

Check out themmmmmm :----- https://github.com/amitkaps/weed

The Price of Weed website - http://www.priceofweed.com/

Crowdsources the price paid by people on the street to get weed. Self Reported.

Location is auto detected or can be choosen Quality is classified in three categories High Medium Low Price by weight an ounce a half ounce a quarter an eighth 10 grams 5 grams 1 gram Strain (though not showed in the dataset) Reported at individual transaction level

Here is a sample data set from United States - http://www.priceofweed.com/prices/United-States.html

See note - Averages are corrected for outliers based on standard deviation from the mean.

Background and AimsThe U.S. legal cannabis market is saturated with products containing high levels of tetrahydrocannabinol (THC), with no distinction between medical and recreational programs. This omnipresence of potent cannabis products seems to be driven by the recreational realm, where cannabis with the highest THC content is prized. This prevalence of highly potent cannabis is conveyed to medical programs, which places consumers (patients) at higher risk for over consumption and cannabis use disorder. Thus, understanding what factors influence the market that patients face in medical cannabis programs could shed light on the risks of legal cannabis. The supply and demand dynamic of the US for-profit cannabis market could explain the current market composition; therefore, we postulate that a financial gain could influence the perpetuation of the prevalence of high THC products in legal cannabis dispensaries. We investigate whether THC content in popular cannabis products correlates with higher prices and assess whether some attributes (type of product, chemovars, or presence of cannabidiol (CBD) affect the association of THC with price.MethodsWe focus on the world's largest cannabis market, California. We randomly selected dispensaries across the state, screened for a web presence and product menu, determined the most prevalent product type, and collected THC and CBD concentration, price, and other product attributes.ResultsWe observed that herbal products were more common, they had THC concentrations greater than 10%, and THC concentrations positively correlated with price. This correlation existed in flower and preroll presentations, all chemovar, and independently of the level of CBD. CBD did not correlate with price; however, the presence of CBD diminished the THC and price correlation particularly in products with high THC (>15%).ConclusionsOverall, highly potent herbal cannabis products (>15% THC) are the majority of products offered and more expensive regardless of product type or chemovar in California dispensaries, suggesting that a financial gain contributes to the current market composition. Efforts to limit the availability of highly potent THC products and educate consumers about potential harms are needed.