The 4th of July is a very important holiday to many Americans, and for many, it’s also the start of the summer season when they go camping, barbecuing, or head out to the beach. For cannabis users, it’s also the start of the 4th of July weekend, which is expected to bring in over $206 million in legal cannabis sales—an increase of about $15 million over last year’s sales.
The Fourth of July is one of the biggest holidays for the world’s most popular illegal drug. While no official estimates exist, it’s estimated that America’s annual legal cannabis sales hit more than $1.5 billion in 2015.
The estimated $206 million in legal cannabis sales expected for the upcoming Fourth of July weekend reflects the highest level of marijuana sales in a single day since Colorado’s recreational marijuana sales began in 2014, according to a report released Friday by cannabis industry tracking firm New Frontier Data. Sales on the first day of the July 4 holiday were the second-highest on record, for a total of $42.2 million in sales, the research firm said.
420 Intel is the world’s leading source of cannabis information. Get the latest news on cannabis legalization, policy and technology, and the evolution of medical and recreational marijuana. Our goal is to bring you the most important cannabis news every day of the week.
At 420 Intel, we know that effective coverage of the marijuana industry is an ongoing process. Every day there is news about the legalization of cannabis, technological developments and the medical benefits of marijuana use. Each new development has the potential to impact the marijuana industry regionally, nationally and internationally. 420 Intel is a marijuana industry news portal that keeps you up to date on these events and how they affect the world around you.
Since the marijuana industry is constantly changing, you need an information channel that will keep you up to date with the latest information. At 420 Intel, we cover marijuana legalization news from around the world, provide reliable information to cannabis business owners, explain technological developments affecting the marijuana industry, report on marijuana gatherings around the world, and everything else.
You can get 420 Intel news delivered straight to your inbox by subscribing to our daily cannabis news to keep up to date with the ever-changing cannabis industry. To stay up to date on marijuana legalization, follow us on Twitter, Facebook and LinkedIn.
adweek 4204/20 marketingbrands 4/20,People also search for,Privacy settings,How Search works,adweek 420,4/20 marketing,brands 4/20