Seattle Archives - Green Market Report

StaffSeptember 22, 2022
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6min1750

The Daily Hit is a recap of cannabis business news for Sept. 22, 2022.

ON THE SITE

License Winners Sue Illinois Over Ownership Rules

Two winners of retail marijuana licenses who previously sued Illinois over alleged flaws in its application process are suing again. Having won retail licenses in lotteries, they’re suing the state Department of Financial & Professional Regulation over rules that forbid licensees to sell those licenses or equity stakes in them until they build out their dispensaries and win final approval. Read more here.

Seattle Paves Way For Social Equity With Free Cannabis Licenses

Seattle residents who live in areas with high poverty or have been directly affected by the war on drugs are now eligible for zero-dollar cannabis licenses to do business in the city. Under the new rules, a social equity applicant must have at least 51% controlling ownership in the business. Read more here.

Tilray Gets Green Light for Italy

Tilray Brands (Nasdaq: TLRY) announced that FL Group S.R.L., a division of Tilray Medical in Italy, received approval from the Italian Ministry of Health to import and distribute Tilray’s medical cannabis oral solution THC25 across the country. Read more here.

C21 Revenue Falls Despite Healthy Balance Sheet

C21 Investments (CSE: CXXI) (OTCQX: CXXIF) posted results late after the market closed on Wednesday that showed slimming revenue in a state that has seen less tourist and local spending as wallets get tighter. The company posted revenue of $7.2 million – down 4% sequentially. Read more here.

Agrify Honored For Best Cultivation Tech At Green Market Report Tech Awards

A provider of advanced cultivation and extraction solutions for the cannabis industry, Nasdaq-listed Agrify brings data, science and technology to the forefront. Proprietary micro-environment-controlled vertical farming units enable cultivators to produce high-quality products with unmatched consistency, yield and return on investment at scale. The Green Market Report Tech Awards were presented following the first-ever Green Market Report Tech Summit on Sept. 8 at The Pearl event space in San Francisco. This week, we’ll be providing a closer look at the honorees. Read more here.

IN OTHER NEWS

Canada to Review Impact of Cannabis Legalization

Canada on Thursday launched a review of the country’s legalization of recreational cannabis use four years ago to evaluate its impact on youth, indigenous minorities and others, and analyze its effect on the economy and the illegal marijuana market. Read more here.

Two Companies Given OK to Produce Medical Cannabis in Georgia

After a long legal slog, two companies have been given the green light to grow and produce medical cannabis — specifically, low-THC oil — in Georgia. Botanical Sciences LLC and Trulieve Georgia Inc. — two of the original winners of the process — were officially awarded licenses by the state’s medical marijuana commission. The unanimous decision follows more than a year of protests from rejected applicants. Read more here.

Connecticut Announces Cannabis Retailers and Microcultivators Selected in General Lottery

The Connecticut Department of Consumer Protection Adult-Use Cannabis program has notified applicants for retail cannabis establishments and micro-cultivators that they were selected in a general lottery. The six retail applicants and two micro-cultivator applicants have been informed they can proceed with the next steps in the licensure process. Read more here.


William SumnerMarch 15, 2018
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3min1030

How do cannabis users in the Seattle spend their money? That is a question that many cannabis businesses would love to know the answer to. As one of the largest markets in the state of Washington, the Seattle-Tacoma Greater Metropolitan Area is a battleground for countless companies and entrepreneurs hoping to make their name in the fledgling legal cannabis market.

In the latest Cannabis Market Research Report, readers are offered a look into the Seattle-Tacoma cannabis market and its consumer’s spending habits. Today, Green Market Report will walk you through the numbers and show you some of the highlights of this report.

Out of the entire population of the Seattle-Tacoma area, approximately 3.7 million are adults over the age of 21. Of those 3.7 million, approximately 44% (1.8 million) are cannabis users. The average of a cannabis consumer is 47, compared to the average of 48 for the total market.

The average income of a cannabis consumer from the Seattle-Tacoma area is $63,592, compared to the market average of $67,605. The average home value of Seattle-Tacoma cannabis consumers is $393,718, compared to the total market average of $419,780.

On average, cannabis users spend the most per month on cannabis flower ($66), with concentrates coming in at second ($57). Trailing behind the top two is vape oil ($48), pills ($40), and vape flower ($36).

Likewise, cannabis flower has the highest number of monthly buyers with over 600,000 purchases. In second place is edibles with 422,023 purchases, followed by pre-rolls with 383,614 purchases.

Less than half of cannabis consumers are married (43%). With regards to children, approximately 42% of cannabis consumers have children at home. For the market average, approximately 54% of adults over the age of 21 are married and 41% have children at home.

Compared to the market average, cannabis users are more likely to:

  • Plan a home improvement in the next 12 months
  • Have an optimistic financial outlook
  • Have visited a casino or gambling establishment
  • Plan to buy home electronics
  • Have a car loan

A majority of adults over the age 21 in the Seattle-Tacoma area approve of legal cannabis in some shape or form. Approximately 53% of adults approve of both recreational and medicinal cannabis, 18% approve of medicinal cannabis. Only 11% approve of both recreational and medical cannabis.

This latest report seems to affirm previous data on cannabis consumers habits. As cannabis continues to become mainstream in the United States and around the world, these reports help illustrate what many have suspected all along: there is little difference between cannabis consumers and non-consumers.


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The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


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