In 2016, research done by New Frontier Data revealed that the market for legal cannabis was estimated to be worth $7.2 billion. And in the year 2025, the medical market is seen to be growing at 13% CAGR. This report pointed out an assumed reason why it is impressively growing is that there are no other states that will legalize cannabis use.
You can read more of the statistics and other data regarding this growth at http://www.prnewswire.com/news-releases/legal-cannabis-and-cbd-markets-grow-in-the-united-states-622522754.html.
Comments are closed.