According to the 4th Edition State of Legal Marijuana Markets Report, published by ArcView Market Research and produced by New Frontier, California is the largest medical marijuana program in the country among states where medical marijuana is currently legal. The California market is fueled by the state’s large size, longevity as the first-in-the-nation medical program, and low barriers to patient access. Even with California’s newly passed medical marijuana law which will significantly tighten the program, the market is still projected to reach $2.6 billion in sales in 2020, nearly double Colorado’s $1.5 billion, and over five times the size of the markets in Arizona, Oregon, and Michigan that year. If legalized in 2016, the medical markets in Ohio and Pennsylvania will become two of the largest in the country by 2020.
Interested in learning more about emerging cannabis markets? New Frontier, in collaboration with our strategic partner, ArcView Market Research, is excited to bring to you the he industry's most comprehensive and authoritative analyst report, the 4th Edition State of Legal Marijuana Markets. It will include findings on topics such as: