Here's Where To Buy The Most Affordable High-Quality Cannabis, New Analysis Finds

The marijuana industry is expanding rapidly, with experts projecting annual global sales to grow from $30 billion in 2021 to $57 billion in 2026, a compound annual growth rate (CAGR) of almost 13%. When it comes to the United States, the biggest cannabis market in the world, sales are expected to reach $32 billion in 2025, accounting for 75% of total global sales. 

Laws, rules and markets differ from state to state, so what are some of the best states for cannabis businesses in terms of revenue potential? 

A new analysis by Lance Surety Bonds, a provider of online bonding services, offers answers to this and other questions, including which market offers the most value for the best cannabis products. Its analyst methodology consisted of utilizing data from the Tax Foundation to calculate revenue potential and to assess prices through information from NuggMD. 

Key Takeaways 

• States with the highest potential revenue from cannabis businesses in 2024:
  • Alaska
  • Colorado
  • Oklahoma
• The average national cost of a high-quality joint in America is $7.57
• The average national cost of a high-quality ounce of cannabis in America is $325
• Oregon, Washington, and Colorado have the most affordable joints of high-quality cannabis
• The District of Columbia, North Dakota, and Virginia are the locations with the least affordable joints of high-quality cannabis.
• States with the lowest potential revenue from cannabis businesses in 2024:
  • North Dakota
  • Hawaii
  • Delaware

See Also: Based On The Number Of Dispensaries, Weed Prices, Hiking Trails & More, These Are The Best US Cannabis Cities

Photo: Courtesy of Elsa Olofsson on Unsplash