U.S. Weed Sales Expected to Reach $75 Billion by 2030

www.bloomberg.com

The U.S. legal cannabis industry is expected to reach $75 billion in sales by 2030, according to research firm Cowen & Co. That’s almost as large as the North American soda market in 2017. As the weed industry grows, the alcohol market is slowly shrinking. Binge drinking rates declined in states with legal weed compared with states that allow only medical marijuana and those prohibiting any kind of weed, according to the report.

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