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Legal Marijuana Sales Reached over 6 Billion last year in North THC Finder

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Legal Marijuana Sales Reached over 6 Billion last year in North America

Category: Legalization | Posted on Fri, January, 6th 2017 by THCFinder

There was $6.7 billion in legal cannabis sold last year in North America, according to a new report by Arcview Market Research. The report isn’t available until February, but was obtained early and reported on by Forbes.

According to the report, the $6.7 billion in legal cannabis sales represents a 30% increase from the prior year, a massive increase for any industry.

“The only consumer industry categories I’ve seen reach $5 billion in annual spending and then post anything like 25% compound annual growth in the next five years are cable television (19%) in the 1990’s and the broadband internet (29%) in the 2000’s”, says Tom Adams, Arcview’s Editor-in-Chief.

Read More:https://www.theweedblog.com/legal-marijuana-sales-reached-over-6-billion-last-year-north-america/


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