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U.S. Cannabis Sales Projected to Hit $30 Billion by 2024!

money

With more and more states ending cannabis prohibition, it isn’t surprising to know that legal sales are increasing rather rapidly in the United States. Most states have seen revenue numbers higher than initial estimates, as legalization has created thousands of jobs and added millions to states’ coffers. California’s cautious rollout of licenses, combined with relatively

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Global Cannabis Sales Could Reach $15 Billion in 2019, $40 Billion by 2024

cannabis plant

Based on current sales, as well as reasonable projections regarding new markets, an industry report projects that global cannabis sales could hit about $15 billion this year, with a continued growth rate that might push the market to a whopping $40 billion in just five years. Cautious regulatory approaches in Canada and California provided hurdles

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Congratulations and Thank You for Legalizing Cannabis, Canada!

Canadian cannabis flag

October 17, 2018, the long-awaited day that cannabis goes legal across Canada has arrived and the world will never be the same. With all due respect to the great progress made by Uruguay, who helped pave the way for Canada, it can be argued that the Great White North, by permitting regulated sales to tourists

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New Report Details How Cannabis Is a $57 Billion Global Market

Arcview Market Research and BDS Analytics released a new 65-page report this week detailing monetary estimates of cannabis’ future entitled, “The Road Map to a $57 Billion Worldwide Market”. The big takeaway was – you guessed it – the legal global cannabis market is expected to expand to a whopping $57 billion by 2027. According

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Over $53 Billion Spent on Cannabis in North America Last Year!

marijuana

According to a report just released from Arcview Market Research, legal cannabis sales are slowly siphoning the product – and the profit – off the illicit market. Each day more consumers choose to patronize their local dispensaries rather than their local underground dealer. According to the report, Americans and their Canadian counterparts spent $53.3 billion

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