Ten Intriguing Statistics from 2019
New Frontier Data Completes Diligence, Moves Forward With Civilized Acquisition
December 3, 2019Cannabis Industry Focal Points, 2020: 10 Market Trends for the New Year
January 12, 2020
- $344 Billion: 2019 Total Global Cannabis Consumer Expenditures (Legal + Illicit)
- $13.6 Billion: 2019 U.S. Legal Cannabis Sales
- $29.7 Billion: Estimated 2025 U.S. Legal Cannabis Sales
- 258,437: 2019 U.S. Legal Cannabis Jobs Created
- $1.41 Billion: 2019 U.S. Federal Tax Revenues Generated
- 28%: Amount of U.S. Adults Who Have Consumed CBD
- $11.0 Billion: 2019 Investments in U.S. Legal Cannabis
- 17%: Amount of U.S. Consumers Who Have Purchased a Hemp Product, 2018-2019
- -50%: Decline in Colorado’s Wholesale Cannabis Prices, since 2015
- 479%: Increase in U.S. Hemp Cultivation Acreage, from 2018 to 2019
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