By 420 Intel on Thursday, 04 November 2021
Category: Business News - 420 Intel

US millennials under 30 have spent $4.4 billion on cannabis in 2021

Data shows that younger millennials buy more concentrates than any other age group

Business intelligence from Akerna (Nasdaq: KERN), a leading enterprise software company and the developer of the most comprehensive technology infrastructure, ecosystem, and compliance gateway powering the global cannabis industry, analyzed the under 30 age range of cannabis consumers, a demographic that has consistently been ranked as the #2 purchasers of cannabis products in 2021. Data shows that this age range of younger millennial cannabis consumers accounted for 28.13% of all legal adult-use and medical cannabis sales this year, with over $4.4 billion spent on cannabis products.

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