Bigger Than the Dotcom Boom: US Legal Marijuana a Multibillion-Dollar Business — Sputnik International

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.

via Bigger Than the Dotcom Boom: US Legal Marijuana a Multibillion-Dollar Business — Sputnik International

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