Here’s How Fast The Marijuana Industry Is Growing, In 5 Charts

The marijuana industry is booming, and it doesn’t show any signs of slowing down in the near future.

Legal marijuana is the fastest-growing industry in the United States, according to a new report from researchers at The ArcView Group, a cannabis industry investment and research firm based in Oakland, California. In the next two years, a flurry of states are expected to consider the legalization of recreational marijuana. A majority of Americans continue to support full legalization, nationally, and by 2016, it’s entirely possible that marijuana could be a wedge issue in the presidential election.

4. This chart shows the growth states with medium-sized markets have experienced since 2013. In addition, with Oregon, it shows the vast growth that recreational legalization presents a state.
Graph courtesy of ArcView Market Research.

5. This chart shows the growth in marijuana sales since 2011, as well as the projected increased sales trend into 2016.

Graph courtesy of ArcView Market Research.

The Huffington Post