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 […]
May Cannabis Demand, Legal U.S. Markets For additional insight regarding AEG’s AndCan® Index and trends in the legal cannabis space, contact our industry experts online or at 517.333.6984. About the AndCan® Index Launched in June 2017, the monthly AndCan Index reflects observed demand from U.S. states with legalized markets, along with estimated latent demand in [...]
February Cannabis product demand continues steady national growth, but stalls in some states February’s monthly demand for legal cannabis products increased 1.8% in the U.S. Year-over-year, the growth rate in demand continues at a strong 25.7%. Between January and February, growth in demand for legal cannabis products increased slightly at the national level. EAST LANSING, [...]
January 2021 legal U.S. cannabis product demand continues new, more even growth pattern In January, monthly demand for legal cannabis products in the U.S. increased 1.4%. The growth rate in year-over-year demand continues to be strong at 24.3%. While there was a slight decrease between December and January, demand growth remains higher than it was [...]
Legal cannabis product demand continues to grow in December Monthly demand for legal cannabis products in the U.S. increased by 2.4% in December. Year-over-year demand is strong, showing a 24.4% growth rate. The growth rate increased in December after relatively slow growth in the fall. EAST LANSING, MI—March 9, 2020—According to Anderson Economic Group’s monthly [...]
November sees continued slower growth for legal U.S. cannabis products Monthly demand for legal cannabis products in the U.S. increased by 0.2% in November. Year-over-year demand remains strong, showing a 23.2% growth rate. The growth rate decreased between October and November, continuing a trend of slower growth when compared to the surge in spring and [...]
Demand growth continues through October 2020 In October, monthly demand for legal cannabis products in the U.S. increased by 0.9%. At 24.1%, year-over-year demand growth remains strong. The growth rate increased slightly from September to October, but remains slow compared to spring and summer. EAST LANSING, MI—January 14, 2020—According to Anderson Economic Group’s monthly AndCan®Index, […]
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 […]
Patrick Anderson Talks Supported Intelligence, AndCan® Index on the M2Techcast. Watch: https://youtu.be/VmRfWIr62-k
Note: The 2021 Benchmark Update will be Completed Soon! The AndCan™ Index represents consumer demand for legal cannabis products for all 50 states in the United States. The index has been produced by Anderson Economic Group since 2017, using a rigorous methodology based on fundamentals of consumer demand. This AndCan Index: 2019 Benchmark Revision is […]
