True Pundit

Business

Legal marijuana sales in US ‘bigger than dot-com boom’

Share:

[ditty_news_ticker id=”25027″]

New figures put North America’s legal marijuana “green rush” above the dot-com boom of the early 2000s in terms of industry growth, according to Forbes.

North America’s legal marijuana market posted $US9.3 billion ($12 billion) in revenue in 2016 — a 30 per cent increase on 2015 — according to a report by ArcView Market Research, a leading cannabis research publisher.

The report said the industry could post sales topping $US20.2 billion ($27.9 billion) by 2021, assuming a compound annual growth rate of 25 per cent. – READ MORE

FOLLOW US!
Follow on FacebookFollow on Twitter
Share: