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The Single Most Important Marijuana-Use Statistic


Putting aside the growing pains that the marijuana industry has encountered over the past year, it's still expected to be one of the fastest-growing industries on the planet over the next decade. Though estimates are all over the board, Wall Street is looking for annual weed sales to catapult from $10.9 billion in 2018 to between $50 billion and $200 billion worldwide on an annual basis by 2030. This is why North American pot companies have aggressively expanded their capacity, and why investors piled into marijuana stocks over the years.

However, not all growth in the marijuana space is necessarily the same. Statistics show that there are certain demographics that cannabis companies are going to want to pay especially close attention to. In fact, there's one marijuana-use statistic that stands head and shoulders above the rest.

Image source: Getty Images.

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Source Fool.com

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