This statistic shows the portion of revenue-generating cannabis businesses in the U.S. that are profitable, as of 2016. It was found that marijuana testing labs were the most profitable type of cannabis business, with 67 percent reportedly being very profitable.
Profitability of revenue-generating cannabis businesses in the U.S. as of 2016
Type of business
Very profitable
Modestly profitable
Break-even
Losing some money
Losing a lot of money
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Marijuana Business Daily. (March 10, 2016). Profitability of revenue-generating cannabis businesses in the U.S. as of 2016 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/596653/marijuana-business-profitability/
Marijuana Business Daily. "Profitability of revenue-generating cannabis businesses in the U.S. as of 2016." Chart. March 10, 2016. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/596653/marijuana-business-profitability/
Marijuana Business Daily. (2016). Profitability of revenue-generating cannabis businesses in the U.S. as of 2016. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/596653/marijuana-business-profitability/
Marijuana Business Daily. "Profitability of Revenue-generating Cannabis Businesses in The U.S. as of 2016." Statista, Statista Inc., 10 Mar 2016, https://www.statista.com/statistics/596653/marijuana-business-profitability/
Marijuana Business Daily, Profitability of revenue-generating cannabis businesses in the U.S. as of 2016 Statista, https://www.statista.com/statistics/596653/marijuana-business-profitability/ (last visited July 22, 2024)
Profitability of revenue-generating cannabis businesses in the U.S. as of 2016 [Graph], Marijuana Business Daily, March 10, 2016. [Online]. Available: https://www.statista.com/statistics/596653/marijuana-business-profitability/