Worldwide Marijuana Sales May Reach $15 Billion in 2019

Wibbitz Top Stories 2019-06-20

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Worldwide Marijuana Sales
May Reach $15 Billion in 2019 According to a new report, that
would be an increase of 36%
from a year earlier. The summary comes
from BDS Analytics
and Arcview Group. Both the data and investment firm, respectively,
use the report to track and predict cannabis sales. It is the seventh time a version has
been released of the outline, which is titled
"The State of Legal Cannabis Markets." According to
CNN Business, the report looks at the "total market" regarding
pot sales. This means transactions of
pharmaceuticals containing CBD
that are FDA-approved are counted. As well as dispensary sales of marijuana for recreational and medical purposes. Come 2024, Arcview and BDS say the
total worldwide market will reach nearly $45 billion.

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