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New Frontier Data, in partnership with Arcview Market Research, has released the 2016 California Legal Cannabis Market State Profile, revealing the potential growth of the legal cannabis market in California if voters choose to legalize it for adult use this coming November.
Over the next five years we project the total state market to grow at a compounded annual rate of 18.5%, from $2.76 billion in 2015 to $6.5 billion by 2020.
The report provides additional insight and actionable intelligence on the following critical market areas:
* Published August 2016