Tag: arcview group

If California Voters Legalize Cannabis in November, Market to be $6.5 Billion Annually by 2020

If California voters give approval to Proposition 64 this November to legalize cannabis for everyone 21 and older, the legal cannabis market will be worth $6.5 billion annually by 2020, a new report has found. According to the 2016 California Legal Cannabis Market State Profile, released by Arcview Market Research, California’s legal cannabis industry would …

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Over $5.4 Billion in Legal Cannabis Sold in the United States in 2015

Legal cannabis sales in the United States passed $5.4 billion in 2015, according to a new report released by the ArcView Group, which is a cannabis investment network. According to the report, the $5.4 billion represents an $800 million increase from 2014, when total sales of legal cannabis reached $4.6 million. “Many in the business …

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