Two Out Of Three Marijuana Consumers Are Buying Less Cannabis Due To Inflation, Poll Finds

Two out of three marijuana consumers say they’ve had to make the decision to spend less money on cannabis because of broader inflation in the economy, according to a new poll by NuggMD.

Asked about their recent spending on marijuana products, about 66 percent of consumers said they’re spending less as the country continues to grapple with higher costs. Thirty-four percent of respondents said inflation isn’t affecting their cannabis spending.

It’s not clear if the belt-tightening is related to possible increases in the price of marijuana products themselves, general economic duress or some combination of the two.

Read the full article HERE.