This Blog is about Cannabis, marijuana, weed, ganja.
Wednesday, 27 July 2016
The Average Legal Pot User Spends $647 a Year on Weed
With users of all ages, bud is more popular than edibles.
Polly Mosendz
Increasingly lax marijuana legislation may be cheered loudest in
college dorms, but it's the professor-aged ganja enthusiasts who are the
average consumers of the legal stuff.
Headset Inc., a cannabis
intelligence firm, reviewed about 40,000 legal marijuana purchases made
in Washington State from September 2014 to July 2016. The Seattle-based
company determined that the average recreational weed consumer is a
37-year-old man who buys traditional marijuana buds. The median spend by
this customer was $647 annually, with an average of 19.5 days between
purchases.
Though
37 is the average age of a consumer, millennials make the bulk of such
purchases. Just over 50 percent of recreational marijuana consumers are
aged 21-34, Headset found. Older generations are unlikely to stop at the
legal dispensary: Fewer than 10 percent of the purchases reviewed in
this report were made by those older than 60.
Customers
in their twenties spent a median of just $27 per visit to a dispensary
but made trips more frequently than other generations, a median of every
16 days compared to every 18.2 days for those in their thirties and 20
days for those in their forties. The median spend per trip also
increased with age, topping out at $64 for those in their eighties. The
biggest median annual spenders are members of Generation X: Users in
their forties spent $823 in the last year and those in their fifties,
$753.
'"As
you're older, you might have more money to go and make bigger
purchases," explained Headset co-founder Cy Scott. "The millennials
might be out and about more; they can drop into [marijuana dispensaries]
more often. Older people might just plan more."
The
type of marijuana that consumers are looking for doesn't vary much with
age. Bud is most popular across the board, followed by pre-rolled
joints, vapor pens, and edible products (such as brownies) infused with
marijuana.
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