Study: Marijuana consumers spend more than $100 per month on legal pot

Officials who say recreational marijuana can help close budget holes may be on to something.

The average consumer of legal recreational marijuana spends $111.05 per month on marijuana products, according to a new LendEDU poll of 1,000 consumers.

Of them, 27.6 percent of respondents said they spend more money per month on marijuana than on eating out, the study found. LendEDU is a New Jersey-based online marketplace for student loans and other financing topics.

“The point to be made is that in states where marijuana has become recreationally legal, the consumption of the drug has become both a priority and lifestyle choice,” LendEDU research analyst Mike Brown wrote, adding that more than 50 percent of consumers surveyed actually include marijuana expenditures in their monthly budgets.

Eight states and the District of Columbia have passed laws legalizing marijuana for recreational use.

Earlier this year, Pennsylvania Auditor General Eugene DePasquale urged state officials

... read more at: http://www.cpbj.com/article/20171011/CPBJ01/171019950/study-marijuana-consumers-spend-more-than-100-per-month-on-legal-pot

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