People Spend As Much On Legal Weed As They Do On Alcohol

Source: Money
Published: Jul 26, 2016
Author: Kerry Close
Post Date: 2016-07-26 15:09:22 by ConservingFreedom
Views: 5183

Consumers are reaching for cannabis nearly as often as they are for a can of beer, a new report has found.

The typical male customer spends about $647 annually on marijuana products, while female consumers drop about $634 each year on weed, MarketWatch reported. That’s compared to an average of $645 a year on alcohol and $1,000 a year on coffee, according to a survey from Headset, which tracks weed transactions.

Perhaps surprisingly, the average age of people who are loyalty members at their local dispensary is 37.6, and 5% even fell between the ages of 65 to 95. Headset’s report surveyed 40,000 dispensary customers in Washington.

Recreational marijuana use is legal in Colorado, Washington, Oregon, Alaska and the District of Columbia, while weed is legal for medical purposes in 25 states. As more states legalize weed for recreational uses, the average age of consumers is expected to decline, experts say.

Read More: How Pot-Smoking Boomers Could Reduce Your Prescription Drug Costs

The legal weed industry is predominantly male: Men represent 70% of dispensary loyalty club members, or those who regularly purchase marijuana and receive discounts and other incentives from their local dispensary. Other states, however, have seen different gender breakdowns. Shops in Oregon and Colorado told MarketWatch that their male-to-female ratios are more or less even.

The Headset report also found that female customers are more likely to buy edible cannabis products, while men drift toward marijuana products they can smoke. Consumers in their 50s, especially those who have been consuming cannabis for years, are also more likely to gravitate toward weed products that need to be ground and packed into a smoking device. That’s because this form, called marijuana flower, is often the medium with which they were accustomed to finding weed on the black market.

New customers, on the other hand, are moving toward vapor pens, a relatively new technology that requires less effort to consume. Vapor pens account for 9% of purchases for both male and female customers.

Post Comment   Private Reply

#1: misterwhite    To: ConservingFreedom (#0)

People Spend As Much On Legal Weed As They Do On Alcohol

Meaning what?

misterwhite posted on 2016-07-26 15:23:08   Reply   Private Reply


#2: ConservingFreedom    To: misterwhite (#1)

It weighs against any notion that legalization will lead to crazed dope fiends spending their last dime on the demon weed.

ConservingFreedom posted on 2016-07-26 15:31:19   Reply   Private Reply


#3: misterwhite    To: ConservingFreedom (#2)

"It weighs against any notion that legalization will lead to crazed dope fiends spending their last dime on the demon weed."

Was this a concern? First I've read of it.

misterwhite posted on 2016-07-26 18:00:02   Reply   Private Reply


#4: ConservingFreedom    To: misterwhite (#3)

Was this a concern?

It concerns this guy:

"With job loss and economic hard times; it would seem people would spend their little earnings on something more productive as starting a new business or feeding their families then to spend their last dime on a joint or pill. Is it worth smoking their last dime and have nothing to show for it? it is a choice that a person makes, and the outcome will be of their choice as well. So if they end on the streets with nothing but the tip of a joint, no home and no money, they can look at that as I put myself here." - m.topix.com/f orum/state/ky/THBKPRPHGS4VQ177C/p25

ConservingFreedom posted on 2016-07-26 20:19:11   Reply   Private Reply


#5: misterwhite    To: ConservingFreedom (#4)

"It concerns this guy:"

Geez Louise. Your argument is based on a 5-year-old comment by a blogger posting on some obscure forum in Kentucky? How did you even find this?

Wait. Let me guess. You're the blogger! You're citing yourself!

misterwhite posted on 2016-07-27 10:33:34   Reply   Private Reply


#6: ConservingFreedom    To: misterwhite (#5)

Your argument

What argument do you think I've made?

ConservingFreedom posted on 2016-07-27 12:49:02   Reply   Private Reply


#7: misterwhite    To: ConservingFreedom (#6)

"What argument do you think I've made?"

Did you forget already? That "legalization will lead to crazed dope fiends spending their last dime on the demon weed."

misterwhite posted on 2016-07-27 13:20:18   Reply   Private Reply


#8: ConservingFreedom    To: misterwhite (#7)

That "legalization will lead to crazed dope fiends spending their last dime on the demon weed."

No, I never made that argument. Your reading comprehension is as poor as ever.

ConservingFreedom posted on 2016-07-27 14:02:38   Reply   Private Reply


#9: misterwhite    To: ConservingFreedom (#8)

"No, I never made that argument."

Then perhaps I misunderstood. Why did you bring it up?

misterwhite posted on 2016-07-27 15:04:00   Reply   Private Reply


#10: ConservingFreedom    To: misterwhite (#9)

Why did you bring it up?

I found it interesting - and I suspected it ran counter to what some anti-pot zealots would have predicted. A suspicion for which I found some evidence (using a Google search involving the phrase 'spend their last dime', to answer your question in post #5).

ConservingFreedom posted on 2016-07-27 15:44:39   Reply   Private Reply


#11: misterwhite    To: ConservingFreedom (#10)

"I found it interesting"

That may be true but, by posting it, you assumed others would feel the same. The rantings of an anonymous blogger on an obscure forum don't interest me at all.

I haven't read about any "anti-pot zealot" making this argument. Meaning, once again, you've presented another straw man.

misterwhite posted on 2016-07-27 19:30:42   Reply   Private Reply


#12: tpaine    To: misterwhite, an anonymous blogger on an obscure forum, posts his rants. (#11)

The rantings of an anonymous blogger on an obscure forum don't interest me at all. --- misterwhite claims

Very amusing example of a black kettle commenting on pot.

tpaine posted on 2016-07-27 20:06:38   Reply   Private Reply


#13: GrandIsland    To: tpaine (#12)

Give it up, teabag. All you talk about is legal weed. Grow the F up

GrandIsland posted on 2016-07-27 22:14:48   Reply   Private Reply


#14: tpaine    To: GrandIsland, misterwhite, -- two hypocrites who love prohibitions (#13)

All you talk about is legal weed

Weird comment, seeing I rarely post anything about legalizing pot. --- While you hypocritical canary clowns are obsessed with enforcing gov't prohibitions, -- on damn near anything.

tpaine posted on 2016-07-28 03:09:42   Reply   Private Reply


#15: GrandIsland    To: tpaine (#14)

Weird comment, seeing I rarely post anything about legalizing pot.

Weird comment since I've OFTEN stated I support legal recreational marijuana. I'm just not gonna regress to 15 years old and stomp me feet until it happens.

GrandIsland posted on 2016-07-28 07:23:12   Reply   Private Reply


#16: ConservingFreedom    To: misterwhite (#11)

"I found it interesting"

That may be true but, by posting it, you assumed others would feel the same. The rantings of an anonymous blogger on an obscure forum don't interest me at all.

Oh, so when you asked, "Why did you bring it up?" you meant the blog post? Why, I brought that up in response to your post, "Was this [legalization leading to crazed dope fiends spending their last dime on the demon weed] a concern? First I've read of it."

I haven't read about any "anti-pot zealot" making this argument.

I think baseless fretting about pot users "end[ing] on the streets with nothing but the tip of a joint, no home and no money" qualifies our Kentucky friend as an "anti-pot zealot."

ConservingFreedom posted on 2016-07-28 12:54:41   Reply   Private Reply


#17: ConservingFreedom    To: GrandIsland (#15)

I support legal recreational marijuana.

Good to hear!

ConservingFreedom posted on 2016-07-28 12:55:22   Reply   Private Reply


#18: misterwhite    To: ConservingFreedom (#16)

"qualifies our Kentucky friend as an "anti-pot zealot."

Again, the rantings of one anonymous blogger on an obscure forum in Kentucky five years ago doesn't interest me at all. For all I know, you posted this and you're referencing yourself.

There are many anti-pot arguments and they don't involve anyone giving a FF about "crazed dope fiends spending their last dime on the demon weed". Just the opposite. People insist they should have that choice.

misterwhite posted on 2016-07-28 14:40:14   Reply   Private Reply


#19: ConservingFreedom    To: misterwhite (#18)

the rantings of one anonymous blogger on an obscure forum in Kentucky five years ago doesn't interest me at all.

Your lack of interest doesn't interest me at all - the fact remains that now you've read about someone making the argument that pot users may "end on the streets with nothing but the tip of a joint, no home and no money".

For all I know, you posted this and you're referencing yourself.

LOL! If you think that, you're more paranoid than any pot user ever got.

There are many anti-pot arguments and they don't involve anyone giving a FF about "crazed dope fiends spending their last dime on the demon weed".

Of what relevance is this observation? I never said nor implied that many anti-pot arguments involved that.

Just the opposite. People insist they should have that choice.

Anti-pot arguments insist pot users should have the choice to spend their last dime on the demon weed? Sounds like a pro-legality position to me.

ConservingFreedom posted on 2016-07-28 16:09:58   Reply   Private Reply


#20: GrandIsland    To: ConservingFreedom (#17)

Good to hear!

I also support your asshole hippie buddies need to obey their states pot laws UNTIL ITS LEGAL, Dick head.

GrandIsland posted on 2016-07-28 19:33:38   Reply   Private Reply