California: Medical Marijuana Sales More Than Double In The State Over The Past 5 Years

31 October 2016

They write

Medical cannabis sales in California have soared over the past five years, rising from a reported $351 million in 2010 to nearly $814 million in 2015, according to exclusive data obtained by Marijuana Business Daily.

Much of that growth occurred in 2015, with reported sales via dispensaries soaring more than 40% from the previous year.

With a five-year compound annual growth rate of 18.3% – including periods of modest or even negative growth – California’s MMJ market continues to expand rapidly despite a host of challenges, ranging from crackdowns on dispensaries in cities like Los Angeles and outright bans in other areas.

Marijuana Business Daily obtained the numbers via a partnership with HDL Companies, which contracts directly with nearly every county throughout the state to analyze sales tax receipts from businesses.

Full report at

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