Historical data shows cannabis Weed sales typically spike the weekend before the Fourth of July and Friday, July 2nd is expected to retail nearly $91,000,0000 — up 60% from an average Friday.

Weed software and intelligence company Akerna (NASDAQ: KERN) released a new flash report this morning, predicting the 4th of July, 2021 will bring in over $206,000,000 in legal cannabis sales across the United States.

With Connecticut being the most recent state to legalize, 38 states now have legislation permitting an adult-consumption and/or medical cannabis program. Not everyone has dispensaries up and running yet, so this data doesn’t reflect sales in all 38 legal states.

2021 July 4th Sales Predictions

According to the flash report, historical data shows cannabis sales typically spike the weekend before the Fourth of July and Friday, July 2nd is expected to retail nearly $91,000,0000 — up 60% from an average Friday. The report predicts July 2nd to be the second highest sales day of the year, just after 4/20. Saturday, July 3rd, is forecasted to generate $72,000,000 in cannabis sales, with Sunday, July 4th, expecting to see $43,000,0000. Sundays are typically the lowest sales day of the week when you look at historical data, but dispensaries will still see more sales than normal because it’s a holiday.

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