• December 05, 2020
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  • Report Shows Legal U.S. Cannabis Market At $35 Billion By 2025

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    The legal cannabis market in the United States is on track to reach $35 billion within the next few years, according to a new report.

    Cannabis data, analytics, and business intelligence firm New Frontier Data today released The U.S. Cannabis Report: 2020-2021 Industry Outlook which projects that the legal domestic cannabis market will reach $35 billion by 2025.

    The report, presented through a partnership with the NXTecK AdTech firm, also notes that five states could potentially pass cannabis legalization measures in November 2020, which could add $3.5 billion to the total before 2025.

    According to New Frontier Data, the illicit cannabis market in the United States reached an estimated $66 billion in 2019.

    Read full article here: https://candidchronicle.com/report-shows-legal-u-s-cannabis-market-at-35-billion-by-2025/?mc_cid=e36e103a1e&mc_eid=33e049eacb

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