YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Market for legal pot could pass $20B

Posted online

The national market for legal recreational marijuana could expand to $21 billion by 2020.

The forecast from New Frontier Data, part of marijuana industry organization Arcview Group, indicates the market will grow from $7.9 billion this year and $5.7 billion last year.

California alone, the most populous state in the union, could bring in more than $1 billion in annual tax revenue after the state legalized weed.

Read more from CNNMoney.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read
Update cookies preferences