Tag Archives: Legal Market

North Americans Spent $53.3 Billion on Marijuana in 2016

North Americans Spent $53.3 Billion on Marijuana in 2016

North Americans Spent $53.3 Billion on Marijuana in 2016

North Americans spent $53.3 billion on legal, illegal, and medical marijuana in 2016, according to a Jan. 17, 2017, release from Arcview Research Group. That’s more than people in the United States spent on McDonald’s and Starbucks combined.

Venture

For Investors, Legalized Pot Remains a High-Risk Venture

When New York became the latest state to legalize medical marijuana, in early July, those hoping to indulge weren’t the only ones paying close attention. The news was also cheered by the growing contingent of eager investors.


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