It’s time to take America’s legal marijuana market seriously. As voters in more states embrace legalized marijuana sales, the burgeoning cannabis industry has gone from a curiosity to a bona fide booming market.
Just how big is the market for legal pot?
A new report by a leading marijuana industry investment and research firm found legal cannabis sales jumped 17%, to $5.4 billion, in 2015 and they will grow by a whopping 25% this year to reach $6.7 billion in total U.S. sales.
The numbers are staggering, considered the first recreational dispensaries opened for business in Colorado only two years ago.
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Tom Huddleston, Jr. ~ Fortune.com ~
