The Business of Cannabis

Indiana Embraces Marijuana With More Than $1B Sales, Study Finds

Apr 30, 2026 | Feature, Great Lakes Region

Indiana has some of the most stringent laws on cannabis in the country, but despite that, use among adults has consistently increased over the past decade.

That is according to a new report from the Richard M. Fairbanks Foundation, which partnered with the think tank, the RAND Corporation for the analysis. It examines Indiana’s current landscape and potential policy considerations related to cannabis.

Even though marijuana use is largely illegal in Indiana, Hoosiers likely spend anywhere between $1.2 and $2.6 billion annually on cannabis products, according to the report.

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