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Launched. 2011; 13 years ago. ( 2011) Marijuana Business Daily (formerly known as MMJ Business Daily, also known as MJBizDaily) is a Colorado-based business news outlet for professionals in the recreational and medical cannabis industry in the United States. The publication was founded in 2011 by Marijuana Business Media, a division of Anne ...
The addition of ancillary products and services amounts to an economic impact that is estimated at four times the value of direct sales of cannabis. Based on this multiplier, the total economic impact of the cannabis industry in the United States was $16-$18 billion in 2016 and is expected to reach $47.6-$68.4 billion by 2021.
This list has all global annual earnings of all time, limited to earnings of more than $40 billion in "real" (i.e. CPI adjusted) value. Note that some record earning may be caused by nonrecurring revenue, like Vodafone in 2014 (disposal of its interest in Verizon Wireless ) [1] or Fannie Mae in 2013 (benefit for federal income taxes).
The legal marijuana market is expected to see sales of more than $31 billion this year, according to the consulting firm Whitney Economics, a 9% growth rate. Not all the news is good, though. Not ...
According to the Marijuana Business Factbook, by 2024, legal cannabis sales will increase 181% from $38 billion in 2019 to about $130 billion annually for the U.S. economy. But the Marijuana ...
With major urban centers such as San Francisco and Los Angeles now in the mix, legal marijuana sales are expected to keep growing — to $43 billion in the United States alone by 2025, New ...
Impacts. COVID-19 portal. v. t. e. The COVID-19 pandemic had a significant impact on the cannabis industry. Investor's Business Daily said the industry was affected as "customers stock up on prescriptions and recreational customers load up on something to make the lockdown a little more mellow or a little less boring".
In 2022, an estimated 17.7 million people reported using marijuana daily or near-daily compared to 14.7 million daily or near-daily drinkers, according an analysis of national survey data.