The legalization of medical and adult-use marijuana is giving rise to a multi-billion dollar industry that is driving economic growth across the U.S. According to Arcview Market Research and BDS Analytics, the regulated cannabis industry in the U.S. is projected to generate $23.4 billion in annual sales by 2022. That means more job creation, tax revenue generation, and broad-based economic growth.

Source: “NEW REPORT: Legal Marijuana Markets Projected to Reach $23.4 Billion, Employ Nearly a Half-Million Americans by 2022; Effective End of Federal Prohibition Is in Sight.” Arcview Market Research and BDS Analytics, 28 June 2018, bdsanalytics.com/new-report-legal-marijuana-markets-projected-to-reach-23-4-billion-employ-nearly-a-half-million-americans-by-2022-effective-end-of-federal-prohibition-is-in-sight/.