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The Craziest Marijuana Statistic You'll Ever See


For all intents and purposes, the legal weed market is considered to be among the fastest-growing industries on the planet. After the industry registered close to $11 billion in worldwide sales in 2018, various Wall Street estimates pegged global annual sales at between $50 billion and $200 billion by 2029/2030. That's a double-digit annual growth rate, on a compound basis, no matter how you slice the data.

But it's the U.S. market that has the full and undivided attention of Wall Street and investors. That's because the U.S. is expected to be the runaway leader in terms of marijuana sales.

Image source: Getty Images.

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Source Fool.com

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