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Report: People Spend as Much on Marijuana as Alcohol

Marijuana Spending

Marijuana users are spending as much on marijuana as they are on beer, a new report has found.

The typical male spends approximately $647 per year on marijuana, while females spend roughly $634 each year, Market Watch reports. That’s compared to an average of $645 per year on alcohol and $1,000 per year on coffee.

40,000 dispensary customers in Washington were surveyed for the report, which found that the typical age of loyalty club members at dispensaries was 37.6, 70% were men, and 5% were between the ages of 65 to 95.

Females were more likely to purchase marijuana edibles, while men preferred smokeable marijuana, such as flower or concentrates.

New consumers are moving towards vaporizers, which account for 9% of purchases by males and females.