Cannabis Sales Projected To Increase as California Paves the way for Recreational use

MJ and CBD sales point up in 2018

CALIFORNIA: The global legal cannabis market was valued at $14.3 billion in 2016 and is forecast to grow at a CAGR of 21.1% between 2017 to 2024 or culminating to $63.5 billion by 2024, according to a report by Ameri Research. The market is going through a period of strong growth thanks to increasing legalization and decriminalization of cannabis Read the full article…

Revenue Growth In The Legal Cannabis Market

Dank Denver

NEW YORK: A research published by Arcview Market Research indicates that people in North America spent $53.3 billion on legal, medical, and illicit cannabis in 2016. The North American legal cannabis market posted $6.7 billion in revenue in 2016, or up 30% from the year before. The illicit market generated 87% of total pot sales, down from 90% in 2015. The Read the full article…