Anderson Economic Group

Car prices surged during and after the COVID-19 pandemic. Experts are now warning consumers to prepare for additional price hikes due to President Donald Trump's new 25% tariff on imported vehicles and certain auto parts.  What To Know: President Trump announced the tariffs on Tuesday evening...

Michigan's cannabis market has been booming since the state legalized recreational use in 2018, some 10 years after it had approved medical marijuana. And 2020 was no exception. Sales reached record highs: $3.2 billion, according to a new study done by the Anderson Economic...

In November, Chicago Mayor Lori Lightfoot announced the cancellation of a previously planned 350 layoffs and furloughs for city employees as part of the 2021 budget. The about-face comes on the heels of higher-than-expected revenues from the state's legal cannabis market. In October, Illinois...

If New Jersey voters approve legal marijuana Nov. 3, it will be a "tremendous move" for the cannabis market, said Emily Paxhia, co-founder and managing partner at Poseidon Asset Management.  The Garden State is well-populated and well-positioned to apply pressure to other markets,...

Cannabis legalization advocates often tout the plant's potential to boost state coffers. Among the case studies they cite are Illinois, which reported $52 million in marijuana tax revenue for the first half of 2020; Colorado, which collected more than $244 million from January to...

Anderson Economic Group's AndCan Index reported increases in legal monthly marijuana demand for the United States on Tuesday. Demand rose in June by 1.7%, the firm said.  AEG's AndCan Index, which launched in June 2017 and underwent data improvements for its March 2019 benchmarked data...

The demand for cannabis products in the United States rose by 2.1 percent month-over-month in March, according to Anderson Economic Group's AndCan Index. U.S. legal cannabis product demand grew 19 percent over the same period last year, according to AEG.  The AEG AndCan Index uses a...

Earlier this week, Anderson Economic Group released its 2019 benchmarked AndCan Index, which uses a new, improved methodology. The 2019 index shows that consumer demand for cannabis products has been increasing much faster than previously recognized. The demand for marijuana products in the U.S....