US Pot Sales on the Rise

At the moment, there are 15 states that allow recreational or medicinal sale of marijuana, and total sales for 2019 are expected to be about $13 billion with a forecast of $22 billion for 2022.  This figure is likely conservative, as it does not include the potential for additional states to come on board between now and then.

The states where marijuana is legal in one form or another are: Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, Ohio, Oregon, Pennsylvania, and Washington.

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David R. Evanson is a financial journalist in Philadelphia.