Newly released: The 8th edition of The State of Legal Cannabis Markets helps you navigate the ever evolving cannabis industry.

This is another way The Arcview Advantage™ gives pioneers in the cannabis industry, investors, and companies the dealmaking edge. Get the latest industry data to drive your decisions.

  • Digital access to the 140+ page report
  • 250+ data-rich graphs, charts and tables
  • Downloadable slides of select charts for your presentations
  • Semi-annual update sent digitally
  • Worldwide legal cannabis industry revenue is forecast to grow another 38% to $20.4 billion in 2020, and sales are forecast to reach $46.8 billion in 2025, growing at a 21.2% CAGR 2019-2025.

    In 2019, U.S. legal cannabis spending increased 36.5% to $12.4 billion. The report addresses several key features of the U.S. market that will support a compound annual growth rate (CAGR) of 18.2% to $33.9 billion in 2025.

    • Emerging Adult-Use Markets (those launched between Jan. 1, 2017 and Jan. 1, 2020) were the biggest component of the market at $5.1 billion in 2019. Most are faring much better than the largest U.S. market of California: Massachusetts total revenue grew 170% in its first full year of adult-use sales while California struggled to grow sales 18% in 2019 following the launch of adult-use in January 2018.
    • Even Mature Adult-Use Markets (launched before 2017) can show news signs of life: Colorado cannabis revenue jumped 13% to $1.7 billion in 2019 compared to just 3% growth in 2018.
    • Emerging Medical Markets (launched in the last three years) also posted large gains in 2019: Pennsylvania revenue hit $420 million in its second year of sales, and Oklahoma sales increased to $365 million.
    • Even Mature Medical Markets (launched before 2017) can show explosive growth: Hawaii’s sales were up 90% and Puerto Rico’s 100% in 2019.
    • Looking ahead, 20 New Medical Markets will add $2.2 billion in spending to the market by 2025, led by Texas, Missouri and Georgia.
    • New Adult-Use Markets are forecast to add $8 billion in sales between 2019 and 2025, led by Florida, New York and New Jersey.

    Source: https://research.arcviewgroup.com/solcm8/?utm_campaign=S8&utm_medium=email&_hsmi=89395644&_hsenc=p2ANqtz-_ChRVTJNFyhSPyPI8NqsxkGsuNWONmSLWPt_45VMJYO8nU-u4VZttT6ZZJOo5rdo1WhBhX-RItlFD7I5GGmoFqRBhWxw&utm_content=89395644&utm_source=hs_email#trends