Cannabis Dispensaries Outnumber McDonald's, California Has The Most, Oklahoma Highest Number Per Capita
Portfolio Pulse from Nicolás Jose Rodriguez
The U.S. now has nearly 15,000 cannabis dispensaries, surpassing the approximately 13,500 McDonald's locations. This reflects a major shift in consumer trends, with 54% of Americans living in areas where recreational marijuana is legal, and 74% in states where it's legal for either recreational or medical use. California has the most dispensaries, while Oklahoma has the highest number per capita. New Jersey and Delaware are making strides in cannabis regulation, with New Jersey introducing digital medicinal cannabis patient cards.

March 01, 2024 | 10:48 pm
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McDonald's, with approximately 13,500 locations, is now outnumbered by cannabis dispensaries in the U.S., indicating a shift in consumer preferences.
The fact that cannabis dispensaries now outnumber McDonald's locations in the U.S. could suggest a shift in consumer spending and interests away from traditional fast-food towards the burgeoning cannabis industry. This might not directly impact McDonald's revenues in the short term but indicates a broader change in consumer behavior that could have long-term implications.
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