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BottomBounce

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BottomBounce

Re: None

Monday, 12/10/2018 11:01:38 AM

Monday, December 10, 2018 11:01:38 AM

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Data Shows the Global Retail Cannabis Market Will Expand Past USD 146 Billion

According to data compiled by Grandview Research, the global legal cannabis market is expected to eclipse USD 146.6 Billion by the end of 2025. In the United States alone, the market size was estimated at USD 7.06 Billion in 2016 and is expected to grow at CAGR of 24.9% from 2017 to 2025. The recreational and medical cannabis markets in Canada are expected to generate a combined total of USD 5.4 Billion by 2022. As the first and only G-7 nation to legalize cannabis entirely, Canada's precedent will play a role in the decisions of other countries, including the U.S., where the market remains fragmented due to federal illegality.

Nothing I say, post, or do should ever be considered financial advice. I may be holding a long, short or no position. I am NOT or NEVER have I been compensated to post on here or anywhere and all my posts are for entertainment purposes only.

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