Report Shows Huge Growth in Cannabis Sales

Marijuana Doctors

Posted by Marijuana Doctors on 10/02/2019 in Medical Marijuana

The new US Cannabis Report 2019 Industry Outlook, released this week, projects that annual sales of medical cannabis will grow by 17% a year, reaching about $13 billion by 2025. Total legal cannabis sales are projected to reach $30 billion.

Washington, D.C.-based cannabis researcher New Frontier Data produced the report, according to an article on Forbes.com. Nearly 40 million US adults use cannabis at least once a year, according to the report. Of those, 36% use cannabis every day, and 59% use cannabis at least once a week. Young adults age 25-44 make up 45% of cannabis consumers.

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