Americans Bought $400M In Cannabis For Fourth Of July

The growth trend seems to be continuing for the holiday season

Legal weed is taking its place with beer, hot dogs and fireworks as a July 4th staple, according to sales data showing nationwide sales spiked to $400 million or 60 percent above average during the week leading to Independence Day.

Sales data collected by Akerna Corp., a regulatory compliance technology company which tracks worldwide cannabis sales, revealed above-average sales every day of the week leading up to the Fourth of July weekend, including the holiday itself when national sales edged above the average for a Thursday even though many dispensaries were closed. According to the Akerna data:

  • Sunday, June 30, was the highest grossing Sunday of the year with sales 50 percent higher than other Sundays.
  • Monday, July 1, was the highest grossing Monday of the year with sales 45 percent above average.
  • Tuesday, July 2, was the highest grossing Tuesday of the year with 53 percent increase over average daily sales.

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