EAST LANSING, Mich. – The legal cannabis market in the U.S. showed steady growth throughout 2020 as more states legalized cannabis and products became more widely available, peaking in summer 2021, according to Anderson Economic Group’s AndCan®Index, part of its new cannabis dashboard released today. Since its peak in July 2021, the market has been […]
The Michigan Cannabis Manufacturers Association (MCMA) retained Anderson Economic Group to review the structure of Michigan’s cannabis market and determine the size of the cannabis market by segment, including licit and illicit. Cannabis is one of the nation’s fastest growing cash crops. In Michigan, medical cannabis has been legal for over a dozen years, and [...]
Blue smoke and seers: measuring latent demand for cannabis products in a partially criminalized market Patrick L. Anderson Published online: 14 January 2020 © National Association for Business Economics 2020 Abstract Cannabis, otherwise known as hemp or marijuana, is one of the nation’s fastest growing cash crops. In the late 1990s, proponents of legalization began […]
