Cannabis Spending Expected To Grow 21% Annually Through 2030

Within the next decade, spending on legal cannabis worldwide is expected to hit $57 billion, with 67% spent for recreational use and 33% for medical marijuana. In 2018, the industry was worth just $13.8 billion, but a 21% annual growth rate is forecasted throughout the 2020s.

The industry employed 121,000 people in 2017, and that number has likely risen since then: by 2018, there were 9,397 active licenses for marijuana businesses in the U.S. Learn more of the 80 stats about the marijuana industry in this infographic from

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Source: LoudCloudHealth.

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