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Financial News Media | Revenues Continue to Jump for Legal Cannabis Market Expected to Exceed $73 Billion By 2027


Palm Beach, FL – February 16, 2021 – It seems that every new report concerning future revenues for the legal cannabis market, projects higher numbers that all previous reports. What they DO agree on is that the market has had several robust years of recent growth and shows every sign that the future will continue to outperform projections. A report from Arcview predicted that global legal cannabis sales will hit $42.7 billion by 2024, but it was quickly outpaced by a report from Grand View Research that said that the global legal marijuana market size is expected to reach USD 73.6 billion by 2027, and it is anticipated to expand at a CAGR of 18.1% during the forecast period. The increasing legalization of cannabis for medical as well as adult-use is expected to promote growth.  The Grand View ....

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