Why it matters: This article discusses a report that examines the cannabis habits and demand among consumers in Minnesota, following the legalization of adult-use cannabis in the state. The report highlights the need for a minimum of 381 cannabis dispensaries across the state to meet the demand, based on a requirement of one dispensary for every 12,500 Minnesotans.
What they are saying: The report reveals that 83% of qualified participants in Minnesota consume cannabis at least monthly, with 40% consuming it daily or almost daily. It also highlights that 40% of the participants are medical cannabis patients. The patterns of cannabis consumption, such as flower and concentrates, are consistent with other states in the US. The report also notes the use of alternative cannabinoids, with delta-8 THC and CBD being the most popular among participants.
The big picture: The report provides insights into the consumption habits, sources, and spending patterns of cannabis users in Minnesota. The findings suggest a robust market for cannabis-related businesses in the state, with participants obtaining an average of 24.77 grams of cannabis per month. It also indicates a high prevalence of obtaining cannabis from illicit sources, such as dealers, due to the limited availability of legal adult-use sources.
What to watch: As Minnesota prepares to fully launch the adult-use market, it will be important to monitor the actual demand for cannabis and the development of retail registrations. The report emphasizes the need for further research to understand the necessary supply of cannabis and hemp to meet the demand accurately.
My take: The report provides valuable insights into the cannabis habits and demand in Minnesota. It highlights the need for a significant number of cannabis dispensaries to meet the requirements of the state law. The data suggests a strong market and consumer interest in cannabis products in Minnesota. However, the prevalence of obtaining cannabis from illicit sources indicates the importance of establishing a well-regulated legal market to ensure safety and quality for consumers.
