Legal marijuana comprises only about 10% of the total U.S. weed market, but it already eclipses total sales of foods like frozen pizza and services like music streaming, according to Alternet, who looks at other markets that will soon be dwarfed by weed sales.
By comparison, Girl Scout cookies only bring in a paltry $776 million. Even something as common as tequila is no match.
Shots with lime and salt, margaritas, Tequila sunrises…Americans gulp down a huge volume of the Mexican agave concoction every year, but the $2.3 billion in annual tequila sales is only half the size of the legal marijuana market. Of course, tequila is only a fraction of the alcohol industry, which still rocks compared to weed. Beer sales alone are more than $100 billion a year.
• The Astounding Size of the Marijuana Economy Dwarfs 10 of America's Most Popular Food and Drink Staples (AlterNet/Phillip Smith)
Image: Jurassic Blueberries
New US Census Bureau data shows that while the median household income for the United States (and 14 states within the USA) increased a bit from 2017 to 2018, “income inequality was significantly higher during the same period for the nation and nine states…. Maryland ($83,242) was among the states with the highest median household […]
Microsoft co-founder Bill Gates made some comments this week on the ‘tax the rich’ ideas making the rounds in America. Taxing the rich is fine, he said in an interview with The Verge, and “more progressive” taxes on the ultra rich are okay. Gates then went on to characterize Alexandria Ocasio-Cortez as an ‘extreme’ politician […]
California is the United States agricultural juggernaut. Produce from California feeds the world and drives one of the largest economies on the planet. A side-effect of Trump’s beloved, family destroying ICE raids is a massive labor shortage. Fruit rots on the vine. Children lose their parents. Via Bloomberg: Their absence threatens segments of the largest […]
If you’re just jumping into app development for Apple’s devices, you’ve picked a heady time. The new iOS 13 has a ton of new features: A versatile SwiftUI language, a boosted role for Siri and a more robust Photos app, just to name a few. And if you’re making the transition from iOS 12? Get […]
Most people don’t spare a lot of thought on the potting for their plants. Perhaps something with a color that matches the walls, but that’s as far as it goes. After all, the plants don’t care what they’re wearing. Do they? Actually, they might. As eye-catching as the AIRSAI Floating Bonsai Plant Pot is, its […]
With the gains real estate has made over stocks in the past 25 years, it’s easy to see why the rich constantly use it to expand their wealth. What’s slightly less obvious is why only the rich seem to ever break into real estate investment. There are a lot of reasons, but a couple of […]