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How Much Does The Average User Spend On Marijuana Each Year?

Unless you're hyper-organized and meticulously budget-conscious, you likely buy pot on an as-needed basis, without tallying its overall impact on your yearly spending. After all, it's hardly enough cash that you'd really need to worry about it (and even if it, as Robert Crumb famously said, "weed will get you through times with no money better than money will get you through times with no weed.")

Still, we're fascinated by the most recent numbers from Bloomberg on how much the average cannabis consumer is spending on cannabis in the run of a year. 

Headset Inc., a Seattle-based firm that gathers data on the legal cannabis industry, examined about 40,000 legal marijuana purchases  in Washington State between September 2014 and July 2016, and found a couple of interesting things: for one, the average recreational weed consumer is a 37-year-old man who tends to buy bud, rather than edibles or concentrates.

Also: this average, 37-year-old consumer spent a median of $647 on cannabis annually.

Interestingly, younger customers - those, say, in their 20s - spent less per visit, around $27; however, they visited more often, shopping for cannabis every 16 days compared to their slightly older, thirty-something counterparts, who visited more like every 19.5 days.

Also interesting: the biggest annual spenders are, on average, the Gen Xers: folks in their forties spent a median of $823 per year, and those in their fifties, $753. So forget those stereotypes about stoner millennials. 

h/t Bloomberg


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