Tuesday, September 19, 2017 10:16:22 AM
Legal Cannabis and CBD Products are Projected to Grow
13 Sep 2017 - ACQUIREMEDIA
NEW YORK, September 13, 2017 /PRNewswire/ --
According to a report by New Frontier Data, medical cannabis sales in 2017 are forecast to grow to $5.3 billion, which is 67% of total cannabis sales. The report projects that by 2025, medical sales in current legal states are forecast to grow to $13.2 billion, which will account for 55% of total cannabis sales. Adult use sales in 2017 are forecast to reach $2.6 billion, or rising to $10.9 billion by 2025.
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