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Wednesday, January 28, 2015 3:29:29 PM
California is still the largest legal cannabis market in the country at $1.3 billion.
• Consumers purchased $370 million worth of cannabis products under the new Adult-Use regulations in Colorado and Washington
• More than 1.5 million consumers purchased cannabis legally from a retail medical or Adult-use store in 2014
• Full legalization of marijuana in Oregon and Alaska will add a combined $275 million in retail sales to the market in their first full year of operation. AMR cannot predict market size in the District of Columbia because of uncertainty of congressional action.
• In Colorado, 64% of the total demand for cannabis in the state is being met by the retail medical and adult-use markets, the highest in the nation.
• Arizona's was the fastest growing major marijuana market, expanding from $35 million in 2013 to $155 million in 2014
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