NEW REPORT: California’s Legal Cannabis Market on Track to Reach $3.1 Billion in 2019 Sales, $7.2 Billion in 2024
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After a rocky transition to regulated adult-use sales in 2018, California’s legal cannabis market is currently on track to grow 23% in 2019 to $3.1 billion. Consumer spending is forecast to reach $7.2 billion in 2024, a 19% compound annual growth rate (CAGR) over the next five years, according to California: Lessons From the World’s Largest Cannabis Market, a new report produced in partnership with BDS Analytics.
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