The State Of Legal Marijuana Markets
Vice news did a piece this week on the 2019 State of Legal Cannabis Markets, released by Arcview Research Groups and BDS analytics.
The Book Itself covers the current state of US cannabis laws, predictions for growth and opportunity as well as a market to market breakdown of all of the confusing laws in North America. And its all yours for only $697 US.
One of the things that this book notes is that Canadians have increased cannabis spending from $755 million in 2017 to $1.6 Billion in 2018 despite the delayed rollback. Statistics Canada figures are estimating total sales of cannabis in 2017 including the black market to be close to $5.7 Billion.
With Estimated legal sales in 2022 to be up to $7.7 Billion, there is a serious legal gap to close there.
But within a few years, Canada is positioned to be the #1 Cannabis producing nation in the world.
Will the supply meet the demand finally? And then what?
Can we please talk about Cannabis Amnesty yet?
Comments
Post a Comment