Sales of legal marijuana in the US reached some $6.7 billion in 2016, as reported by a leading cannabis research publisher, an eye-opening 30-percent jump since last year.
According to ArcView Market Research, by 2021 pot revenue could rocket to $20.2 billion, assuming a compound annual growth rate of 25 percent. That means industry growth will outpace the dotcom boom of the early 2000s, when GDP grew at 22 percent.