A new study by Grand View Research, Inc. states that the global legal cannabis market is projected to grow to an estimated $43 billion by 2025. The market is projected to be led by North America, which will account for more than $21 billion in legal cannabis sales by 2025. The U.S. will account for more than half of the legal cannabis market in North America, the report claimed.
The legal cannabis market is one of the fastest-growing industries in the United States. From January 1, 2018 to December 31, 2018, the US cannabis market reached $6.7 billion, up from $5.4 billion in 2017, and is projected to hit $43 billion by 2025, according to a report released this week by Arcview Market Research.420 Intel is the world’s leading source of cannabis information. Get the latest news on cannabis legalization, policy and technology, and the evolution of medical and recreational marijuana. Our goal is to bring you the most important cannabis news every day of the week. At 420 Intel, we know that effective coverage of the marijuana industry is an ongoing process. Every day there is news about the legalization of cannabis, technological developments and the medical benefits of marijuana use. Each new development has the potential to impact the marijuana industry regionally, nationally and internationally. 420 Intel is a marijuana industry news portal that keeps you up to date on these events and how they affect the world around you. Since the marijuana industry is constantly changing, you need an information channel that will keep you up to date with the latest information. At 420 Intel, we cover marijuana legalization news from around the world, provide reliable information to cannabis business owners, explain technological developments affecting the marijuana industry, report on marijuana gatherings around the world, and everything else. You can get 420 Intel news delivered straight to your inbox by subscribing to our daily cannabis news to keep up to date with the ever-changing cannabis industry. To stay up to date on marijuana legalization, follow us on Twitter, Facebook and LinkedIn.
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