A new report from New Frontier Data (NFD) showed that U.S. home weed growers will produce more than 11 million pounds of dried cannabis flower this year. The report notd that in 2020, Colorado produced 816,000 lbs. of dried flower while generating $2.2 billion in legal sales.
NFD conducted a survey involving 4,682 cannabis consumers and 1,250 non-cannabis consumers. “Home growers, as consumers, tend to be intentional with their use and prolific in their consumption of cannabis.” However, “only one in three home growers report being the only ones to consume what they grow; nearly half (49%) say that they share with friends or family,” stated Noah Tomares, NFD senior research analyst.
– Read the entire article at Benzinga.