Latest Arcview/BDS Data: Cannabis Consumer Spending Outpaces Industry Estimates

Jenny Carbon, Always Greener Redmond, WA

NEW YORK: Arcview Market Research reports that consumer spending on legal cannabis in North America is outpacing previous estimates. The report indicates that retail cannabis sales will grow 33% from 2016 to nearly $10 billion this year. By 2021 the legal market is expected to reach $24.5 billion, at a 28% compound annual growth rate (CAGR). Arcview also reported that according Read the full article…