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Worldwide Marijuana Sales May Reach $15 Billion in 2019

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Worldwide Marijuana Sales May Reach $15 Billion in 2019

Worldwide Marijuana Sales May Reach $15 Billion in 2019

Worldwide Marijuana Sales May Reach $15 Billion in 2019 According to a new report, that would be an increase of 36% from a year earlier.

The summary comes from BDS Analytics and Arcview Group.

Both the data and investment firm, respectively, use the report to track and predict cannabis sales.

It is the seventh time a version has been released of the outline, which is titled "The State of Legal Cannabis Markets." According to CNN Business, the report looks at the "total market" regarding pot sales.

This means transactions of pharmaceuticals containing CBD that are FDA-approved are counted.

As well as dispensary sales of marijuana for recreational and medical purposes.

Come 2024, Arcview and BDS say the total worldwide market will reach nearly $45 billion.

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