Tag: arcview market research

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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Legal Cannabis Sales Expected to Reach $23 Billion in 4 Years (Infograph)

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 ReportĀ from ArcView Market Research and New Frontier, …

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Over $2.7 Billion in Legal Cannabis Sold in the U.S. in 2014

There was over $2.7 billion in legal cannabis sold throughout the United States in 2014, up from $1.5 billion in 2013, according to a report released Monday by ArcView Market Research. The 74% increase makes the cannabis market the fastest growing industry in the country. According to the report, if every state in the U.S. …

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