Personal Finance 420

Marijuana sales are booming. But you might wonder where people are getting all their money to buy their smoke – according to a survey that examined the consumer habits of marijuana purchasers in legal states, buyers are actually working it into their monthly budgets.

The average legal buyer was found to spend $111 each month on cannabis on 6.22 purchases. To make room in their finances, 27.6 percent of legal buyers said they spend more money on marijuana than on eating out.

The survey authors point out that while the legalization of recreational marijuana has pushed the average price down, it has also pushed consumers – who now have more legal access than ever before – to purchase more cannabis. In an article citing data from Arcview Market Research, Business Insider writes that recreational marijuana sales are expected to surpass medical marijuana sales for the first time in 2019.

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