Legal Cannabis Sales Expected to Reach $23 Billion in 4 Years (Infograph)
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Last year there was $5.7 billion in legal cannabis sales sold throughout the Untied States, According to a new report, that number is set to more than quadruple to $22.8 billion by 2020; just 4 years.
According to the newly released 4th Edition State of Legal Marijuana Markets Report from ArcView Market Research and New Frontier, most of the increase will be attributed to an large boost in recreational cannabis sales, as more states legalize the plant, and as states that have already legalized it expand the number of retail outlets in operation.
Below is an infograph, provided to us by USA Today, visualizing the above-mentioned report:
