Report: Consumers Spend $53 Billion On Marijuana In 2016

NORML | January 19, 2017

OAKLAND, CA — Cannabis consumers spent over $53 billion on marijuana-related purchases in 2016, according to a report released this week by Arcview Market Research. The total includes sales of cannabis in both legal and illegal markets.

In jurisdictions where marijuana is legally regulated, sales totaled an estimated $6.9 billion in 2016 – a 34 percent increase over 2015 totals. Authors estimate that legal sales will total nearly $22 billion nationwide by the year…