Deep Dive PremiumFrom Prohibition to Participation: Measuring the Impact of Cannabis and Psychedelic Mushroom Legalization on Consumer Spending Madhav Pitaliya, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research May 13, 2025 What's InsideIn the US, increased legalization has reshaped the narrative around cannabis and psychedelic mushrooms over the past few years. What were once underground, stigmatized substances are now readily available to many Americans via regulated markets. Coresight Research analyzes the shifting regulatory and retail landscape surrounding cannabis and psychedelic mushrooms in the US, providing a data-driven snapshot of current legalization trends, consumer behavior and purchasing patterns. Data in this research report include: US legal cannabis market size and year-over-year growth rates, 2024, 2025E and 2029E Proprietary survey data on which US consumers buy cannabis and psychedelic-mushroom products by age, income, gender and location Share of US consumers’ budgets that they spend on cannabis and psychedelic-mushroom products Top reasons why consumers purchase cannabis and psychedelic-mushroom products Companies mentioned in this report include/are: CVS Health, DisplayDispensary.com, Rocky Mountain Cannabis, The Vitamin Shoppe, Walgreens Boots Alliance, Walmart Other relevant research: Health Check: Quantifying the Physical and Mental Health of the US Consumer Market Navigator: US Healthcare—Evolving To Become More Personalized and Consumer-Focused US Cannabis Survey 2022: Marijuana Usage Up After Legalization Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for