You are here
Home 🌿 Marijuana Business News 🌿 Big Changes Are Coming to the World of Weed—Will it Make Things Better or Worse? 🌿Big Changes Are Coming to the World of Weed—Will it Make Things Better or Worse?
The legal marijuana industry, both personal and medical, saw $2.7 billion in sales last year, according to industry investor networking entity ArcView Group and its research arm, ArcView Market Research. The group says that figure is expected to grow to more than $10 billion by 2020 as recent medical marijuana states go online and as more states legalize marijuana between now and then.
The figures come from ArcView's recently released report, The State of Legal Marijuana Markets, 3rd Edition. At $450 a pop, it's priced for would-be marijuana mavens, but the report's executive summary is available for free. There is lots of good information for industry watchers, including a review of what ArcView thinks are five trends that are helping to redefine the industry. They are:
1. Innovative delivery systems.We're not talking about drones or delivery services here; we're talking about the forms in which marijuana is sold. Edible sales are going through...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
420 Intel is Your Source for Marijuana News
420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.
420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.
Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.
Follow us on Instagram
Connect with us on Linkedin