Chart: 4/20 holiday gives marijuana businesses more than just a bump

By Eli McVey April 20th – the marijuana holiday colloquially referred to as “4/20”– has traditionally marked the largest single day for retail cannabis sales all year, and 2017 looks to be no exception. According to data provided by MJ Freeway, a Denver-based seed-to-sale software provider, average 4/20 retail sales on a per-store basis in 2016 were nearly twice that of a typical day – with the average store generating over $24,000 in revenue. Similar sales increases were observed on 4/20 in 2015, so the trend is expected to continue in 2017. However, the marijuana industry has grown ... Chart: 4/20 holiday gives marijuana businesses more than just a bump is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs