Sector News The U.S Marijuana Industry Could Become a $130 Billion Business by 2024 by Sophia Vida July 23, 2020 According to estimates recently published in the Marijuana Business Factbook, the US cannabis industry’s economic impact could hit $130 billion by 2024. This would be an increase from $38 billion-$46 billion in 2019 to $106 b...
Trends & Articles Cannabis Market Globally Could Reach Nearly $15 Billion in 2019 by Sophia Vida June 21, 2019 According to industry insiders, the world's cannabis market could hit $14.9 billion this year. This would be a jump of 36% compared to last year. This year's "The State of Legal Cannabis Markets" report has evaluated the cannab...
Trends & Articles Report Says Legal Marijuana in the U.S. Could Hit $10B This Year by Sophia Vida June 02, 2018 According to a report released by Marijuana Business Daily, entitled, "2018 Marijuana Business Factbook," legal sales of marijuana could hit $10 billion in 2018 in the United States. It could then skyrocket to $22 billion by 20...
Trends & Articles The Global Marijuana Market Will Be Worth This Much Soon by Sophia Vida November 08, 2017 According to a new report, the international market for marijuana is going to hit over $30 billion in the next four years. The Brightfield Group has projected that the global cannabis market will hit $31.4 billion by 2021. C...