Legal Marijuana Sales Are Expected to Hit $10 Billion This Year
Sales of legal cannabis in North America are growing even faster than experts predicted they would.
A new report from Arcview Market Research says retail cannabis sales will jump 33% over 2016’s totals to hit $10 billion this year.
That’s a faster pace than the group had previously predicted. Researchers say next year’s numbers could increase by an even greater percentage.
Canada, in 2018, is expected to launch recreational sales of marijuana and Nevada will step up efforts for cannabis tourism. But it really comes down to California, which will begin selling recreational pot next year.
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