Published January 2018
This report examines the economic multiplier effects through which US consumer spending on legal cannabis in 2021 of $20.8 billion will generate $39.6 billion in overall economic impact, 414,000 jobs, and more than $4 billion in tax receipts.
The report provides estimates of the total economic contribution, direct and indirect jobs created, and tax receipts generated in each of the 35 states expected to have medical or adult-use legality by 2021.
The report also explores the projected decrease in illicit markets, and the budgetary and societal benefits of that decline, as the legal, regulated side of the cannabis industry continues to grow.
Providing an unmatched understanding
of the global cannabinoid market
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Cannabis Vaping: Opportunities in an Uncertain Future
Vapes sales were at one point forecast to hit $2.5B in sales in 2019, and on to $10.6B in 2024. At the end of Sep., that forecast, and the future of cannabis Vapes in general, was very much in doubt. Take a closer look at the impact the EVALI outbreak has had on the industry in this 30-page report featuring 12 charts & tables.
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