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Kiplinger
Kiplinger
Business
Morgan Paxhia

Dry January Can Boost Weed Sales: This Week in Cannabis Investing

Person holds three fruit-flavored cannabis gummy containers.

The rising popularity of Dry January among younger Americans may benefit weed sales and the growing cannabis industry. 

During this year's month-long adult beverage abstinence trend, sales at three of the largest U.S. liquor chains hit a post-pandemic low. More specifically, alcohol sales fell by 52% in the first week of the year, the most on record. 

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