According to the 2016 Marijuana Business Factbook, the average annual revenue per square foot of legal cannabis retail outlets (medical and recreational) is $974. By comparison, Whole Foods’ yearly revenue is $930 per square foot, roughly 5% lower.
The 2016 Marijuana Business Factbook uses data compiled from nearly 1,000 business owners, executives, entrepreneurs and investors.
According to Forbes, Whole Foods has a net profit margin that’s higher than Wal-Mart.
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