Here’s How Fast The Marijuana Industry Is Growing, In 5 Charts
The pot attention is booming, and it doesn’t uncover any signs of negligence down in a nearby future.
Legal pot is the fastest-growing attention in a United Statesa flurry of states continue to support full legalization, nationallya crowd issue
“These are sparkling times, and new millionaires and presumably billionaires are about to be made, while concurrently multitude will turn safer and freer,” Troy Dayton, CEO of The ArcView Group and publisher of a third book of a State of Legal Marijuana Markets
ArcView surveyed hundreds of medical and recreational pot retailers in states where sales are legal, as good as subordinate business operators and eccentric cultivators of a plant. They also gathered information from state agencies, nonprofit organizations and private companies in a pot attention for a some-more finish demeanour during a marketplace.
Here’s 5 charts that uncover usually how quick a pot attention is growing, courtesy of ArcView Market Research
1. This map shows how many states have ratified recreational pot and are approaching to legalize by 2020.
Graph pleasantness of ArcView Market Research
2. This map shows how many states have ratified medical pot and that ones are approaching to do so by 2016.
Graph pleasantness of ArcView Market Research
3. This draft shows that California has a largest pot market. Right now usually medical pot is legal, though a state is approaching to have a recreational legalization magnitude in 2016. If electorate approve it, a attention could fast double in size.
Graph pleasantness of ArcView Market Research
4. This draft shows a expansion states with medium-sized markets have gifted given 2013. In addition, with Oregon, it shows a immeasurable expansion that recreational legalization presents a state.
Graph pleasantness of ArcView Market Research
5. This draft shows a expansion in pot sales given 2011, as good as a projected increasing sales trend into 2016.
Graph pleasantness of ArcView Market Research
Article source: http://www.huffingtonpost.com/2015/01/29/marijuana-industry-growth-charts_n_6565604.html?utm_hp_ref=chicago&ir=Chicago