NEW YORK- New York City has secured a notable distinction as the world’s premier cannabis- consuming hub, a recent study highlights. The city’s voracious appetite for cannabis, evident through an annual consumption of 62.3 metric tons, positions it atop the 2023 Cannabis Global Price Index.
Despite the recent legalization of marijuana in 2021, the metropolis has swiftly established itself as a global leader in cannabis utilization. The study underscores the substantial amount of cannabis being smoked, vaporized, and consumed in various forms by New Yorkers.
The relaxed stance toward marijuana consumption in New York City has facilitated a burgeoning cannabis culture, fostering the proliferation of numerous unlicensed pot shops. In contrast, the establishment of legal dispensaries has encountered some delays, reflecting the dynamic landscape of the city’s cannabis market.
While the study emphasizes New Yorkers’ pronounced affinity for cannabis, it also notes certain economic nuances. The price point for cannabis in the city stands at approximately $12.5 per gram, positioning it as the fourth-most expensive location for cannabis procurement within the United States.
Washington, D.C., claims the title of the nation’s most expensive city for cannabis, with prices averaging $19.10 per gram. Tokyo holds the distinction of being the global frontrunner in cannabis pricing, with an average cost of $33.80 per gram.
New York City’s spot at the top of cannabis consumption, coupled with its evolving regulatory framework, illustrates the multifaceted nature of the marijuana industry within the urban landscape. As the city’s relationship with cannabis continues to evolve, its place on the global cannabis stage remains a subject of intrigue and exploration.
