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Legal Marijuana Markets Projected to Hit $22.8 Billion by 2020
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Legal Cannabis Markets Projected to Hit $22.8 Billion by 2020
March 20, 2016

With 2015 year-end data now reported and a strong opening to 2016, New Frontier has revised medical and adult use market projections to reflect the sector's continued explosive growth. Total legal sales in 2015 grew to $5.7 billion and the market is now forecast to reach $22.8 billion in 2020. With a compound annual growth rate of 31%, the legal cannabis industry is now one of the fastest growing sectors in the U.S. economy.  New Frontier continuously updates market projections based on the latest data and industry developments. Revised projections will be released in Q2 2016 to incorporate Spring sales data.

Interested in learning more about emerging cannabis markets? New Frontier, in collaboration with our new strategic partner, ArcView Market Research, is excited to bring to you the industry's most comprehensive report and authoritative analyst report (as featured in this Sunday's USA Today): The State of Legal Marijuana Markets 4th Edition . It will include findings on topics such as:

 
  • National and state-level market sizing
  • Market growth projections
  • Legal and regulatory frameworks
  • Product and industry trends
  • Investment assessments and financial analysis

The report will be published THIS WEEK - pre-purchase your copy today!

For market projections for all legal states + DC, pre-purchase the full report here
State of Legal Marijuana Markets Report projections featured in...
Legal Marijuana Sales Forecast to Hit $23B in 4 Years

Read the full article here.
New Frontier data featured in the Atlantic.
The Art of Marketing Marijuana
The Atlantic

Read the full article here.
Here's How Big Data Can Help You Fill Out Your March Madness Bracket
Datapipe
 
17 Predictions About the Future of Big Data Everyone Should Read
Forbes

Read the full article here.
Obama's Supreme Court Pick: The One Thing We Know About Merrick Garland and Cannabis
Leafly
 
Your Invitation: Global Report Webinar
Interested in learning more about emerging international cannabis markets? New Frontier invites you to join senior analysts, John Kagia and Sam Osborn on March 24th at 10:00AM (EST) for a virtual Q&A session regarding the first-ever report on worldwide legal 2016 Global Legal Cannabis Markets: A Worldwide View. They will field specific questions from you and your fellow attendees regarding the report findings, trends to watch, and market projections.
To receive your private invitation to attend the virtual Q&A, click here.
Register Now
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