20 Cities with the Highest Weed Consumption in the World

In This Article:

In this article, we are going to discuss the 20 cities with the highest weed consumption in the world. You can skip our detailed analysis of the global cannabis industry, the cannabis industry in Thailand, the current extinction event in the largest cannabis market in the world, and cannabis infused drinks, and go directly to 5 Cities with the Highest Weed Consumption in the World

The medicinal properties of the cannabis plant have been known for millennia. The first documented case of its use dates back to 2,800 B.C., when it was listed in Emperor Shen Nung’s (regarded as the father of Chinese medicine) pharmacopeia. Cannabis is named as one of the five most sacred plants on earth in Hinduism and is believed to cleanse sins and unite one with Shiva. It is also revered for its medicinal properties and used in Ayurvedic medicine. 

Global Cannabis Industry: 

According to Fortune Business Insights, the global cannabis market was valued at $47.32 billion in 2022, and is projected to grow from $57.18 billion in 2023 to $444.34 billion by 2030, growing at a CAGR of 34% during the forecast period. 

Marijuana legalization is gaining momentum around the globe, driven primarily by the increasing recognition that the product may have a range of legitimate medicinal benefits and therapeutic applications. It is the most widely cultivated, trafficked, and consumed drug worldwide. 

Cannabis Industry in Thailand:

In June 2022, Thailand became the first Asian country to decriminalize the cultivation, distribution, marketing, and consumption of all the parts of the cannabis plant. Legalizing the commercial sale and personal cultivation of cannabis products is the latest step in the Thai government's plan to monetize the plant as a lucrative cash crop.

Agriculture still employs nearly a third of the country’s workforce and the government plans to develop a larger export industry around the crop, expecting the national cannabis industry to exceed $2 billion. 

Aside from helping alleviate rural poverty, legalizing cannabis could also reduce prison overcrowding in Thailand, with more than 80% of inmates in the country’s prisons incarcerated on drug-related charges. 

Extinction Event in the Largest Cannabis Market in the World: 

With $5.3 billion in legal sales in 2022, California is the single largest cannabis market in the world. However, the state’s cannabis industry could be on the verge of an ‘extinction event’, with pot shops going out of business as they miss tax payments and sink under millions of dollars of debt. 

Debt problems have plagued the industry for years – a 2022 report estimated that the California cannabis industry was collectively sitting on over $600 million in debt – but a change in tax law that took effect this year could cause this mounting tax bubble to finally become fatal.