Recent analysis of the trends by a Washington based cannabis research group has created a forecast for cannabis sales for 2025. The 100 page report is aimed at investors, business owners, governments and researchers.
The Key findings include:
- States with legalized cannabis project a compound annual growth rate of 14% until 2025.
- Cannabis sales are expected to reach $30 billion by 2025
- Medical cannabis sales are projected to have a compound annual growth rate of 17% and reach $13 billion by 2025