U.S. Census Bureau

In this report, we assisted the U.S. Census Bureau in mapping the cannabis industry, emerging trends, and tax revenue from the industry. Data on the Cannabis was compiled from a mix web-scraping, the creation of a Convolutional Neural Network, and public data sources.

We find that the pricing structures of cannabis products depend primarily on the product-type rather than the perceived quality or popularity of a given dispensary. We also detect significant differences in the relationship between product price and THC content between recent adopters of recreational cannabis and early adopters emphasizing the heterogeneous nature of this market.