Is it high time that America embraces marijuana legalization?
The size of the market for legal marijuana in the United States is projected to grow to $7.1 billion in 2016, according to a report by New Frontier and ArcView Market Research.
That represents 26% growth over the previous year, driven largely by adult recreational sales of marijuana, the researchers found.
Legal adult recreational marijuana sales topped $998 million in 2015 compared to $351 million in 2014 — growing 184% year-over-year. America’s 2015 marijuana sales were higher than those of Dasani, Oreos and Girl Scout cookies.
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Katie Sola ~ Forbes.com ~
