Gordon JamesA 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.
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Gordon James
