Marijuana shops are more lucrative than Whole Foods, by at least one metric

Despite its image as a kale-scented money pit, Whole Foods isn’t the most lucrative retail outfit. Apple stores, jewelry stores, Costco stores and now marijuana dispensaries actually tally more annual revenue per square foot.

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Medical and recreational marijuana dispensaries have average annual revenue per square foot of $974, according to the 2016 Marijuana Business Factbook, released in March. That compares with $4,799 for an Apple store, $3,132 for a luxury jewelry store, and $930 for a Whole Foods.

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