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Market research firm predicts global cannabis sales to reach $20.4 billion this year
Global cannabis sales are expected to surge 38% to $20.4 billion this year despite the coronavirus-induced recession, according to new research from Arcview Group.
The market research company released the 8th edition of its The State of Legal Cannabis Markets report this week, which also predicted sales will climb to a whopping $46.8 billion in 2025.
Other highlights from the report include insights and statistics on both new and established legal cannabis markets in the U.S.
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