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CRLBF - California's Cannabis Black Market Is Insanely Larger Than Its Legal Market
Cresco Labs Inc
In case you haven't noticed, marijuana is budding into a big-money business. Last year, the legal weed industry generated a whopping $10.9 billion in worldwide sales, and by the end of the next decade we could be talking about as much as $200 billion in annual revenue.
Though the entire world presents as an opportunity for the marijuana industry, it's the United States that's widely considered the crown jewel. Depending on your preferred source, the U.S. may wind up generating a third to perhaps more than half of all annual sales in a decade.