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Benzinga
Benzinga
Business
Vuk Zdinjak

Akerna Flash Report: Fourth Of July Weekend Cannabis Sales Total $255.5M

Akerna Fourth of July United States

Business intelligence from Akerna (NASDAQ:KERN) revealed that US cannabis shoppers spent a total of $255.5 million on adult-use and medical cannabis products during the Fourth of July weekend.

The Friday ahead of the holiday brought in $106.7 million in sales, becoming the second-highest grossing sales day for the industry in 2022. The Friday ahead of last year’s Fourth of July weekend brought in a total of $89.6 million in sales, signifying a 19.1% year-over-year increase in sales this year.

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