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Monday, 07/16/2018 4:19:22 PM

Monday, July 16, 2018 4:19:22 PM

Post# of 52915
The market for legal cannabis in California is already massive – and it’s projected to continue growing at an impressive rate.

With more than 40 million residents, California represents the sixth-largest economy in the world…and the largest medical cannabis market in North America.

Recreational cannabis sales began in California on January 1, 2018 – and experts project that this market will generate billions in revenue over the next 12 months.

In fact, Arcview Market Research – a leading cannabis research firm – has projected California’s legal cannabis sales will grow at a compound annual growth rate (CAGR) of 23.1%, reaching an estimated $6.5 billion by 2020.

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