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Cannabis

More Widespread Legalisation Creates Boom in ‘Cannabis Tourism’

21 June 2022

More than two thirds of American adults now support adult cannabis use, according to a poll fielded in May, and half of all millennials say that access to legal recreational cannabis is important when choosing a vacation destination, so cannabis tourism has become a fast-growing industry.

It’s still unclear how big the nascent cannabis tourism industry will eventually become, or what its potential economic impact on the $1.2 trillion U.S. tourism economy will be, but early data is promising. A national study found that nearly one in five American leisure travellers is interested in cannabis-related experiences on vacation.

Legal cannabis lifts other businesses, too. For every dollar spent at a cannabis retailer, there’s a multiplier effect, with an additional $2.80 injected into the local economy.

Research and Markets offers more information on this topic:

A Global Overview of Medical and Recreational Cannabis- Product Image
A Global Overview of Medical and Recreational Cannabis- Product Image
A Global Overview of Medical and Recreational Cannabis
  • Report
  • May 2021
  • 10 Pages
  • Region: Global
This report offers an overview of the current regulatory situation for medical and recreational cannabis in 54 selected countries around the world, and also includes a detailed database that is easy to use and...
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Cannabis-infused Edibles Market Outlook to 2028- Market Trends, Growth, Companies, Industry Strategies, and Post COVID Opportunity Analysis, 2018- 2028- Product Image
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Cannabis-infused Edibles Market Outlook to 2028- Market Trends, Growth, Companies, Industry Strategies, and Post COVID Opportunity Analysis, 2018- 2028
  • From
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  • Region: Global
Introduction to Cannabis-infused Edibles Markets in 2021 The “Cannabis-infused Edibles Market Outlook- Trends, Growth, Companies, Industry Strategies, and Post COVID Opportunity Analysis” presents a complete...
CBD Regulatory Report: Cannabis Delivery in the US- Product Image
CBD Regulatory Report: Cannabis Delivery in the US- Product Image
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The Global Cannabis Report: Second Edition Including Market Sizing Data & Real-World Data- Product Image
The Global Cannabis Report: Second Edition Including Market Sizing Data & Real-World Data- Product Image
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  • 92 Pages
  • Region: Global
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Intoxicating Hemp Products in the US - Opportunity or Risk?- Product Image
Intoxicating Hemp Products in the US - Opportunity or Risk?- Product Image
Intoxicating Hemp Products in the US - Opportunity or Risk?
  • Report
  • December 2021
  • 15 Pages
  • Region: United States
Despite the intent of the 2018 US Farm Bill to restrict intoxicating substances made from hemp, some companies are selling intoxicating cannabinoid products and claiming legality under the Farm Bill. The publisher...