Chart: Retail marijuana sales vs. other industries & goods

420Patients.com is accepting qualified medical marijuana patients and caregivers to join our network. We value every registered member and we hope to serve you in Arizona. This article brought to you by 420 community friends mmjbusinessdaily.com

By Eli McVey

With revenue of $4 billion-$4.5 billion, sales of legal recreational and medical marijuana in 2016 topped those of Viagra and Cialis, paid music streaming services, tequila and Girl Scout Cookies.

It’s a notable milestone for an industry still very much in its infancy.

The data – published in the newly released Marijuana Business Factbook 2017 – illustrate how quickly the legal marijuana industry has grown. It now rivals the retail market for traditional consumables like frozen pizza and ice cream.

And by the end of this year, sales of legal cannabis will likely overtake

Chart: Retail marijuana sales vs. other industries & goods is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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