Growing Market Opportunity
•
Growing Market
Opportunity
•Legal cannabis sales in the United States
$40
$35
$30
U.S. CANNABIS RETAIL SALES ESTIMATES: 2014 - 2024* IN BILLIONS OF US DOLLARS
$24.8-$30.3
$30.2-$37.0
$28.2-$34.5
are forecast to reach $15.5-$18.9 billion
$25
in 2020 and rise to $30.2-$37.0 billion
in 2024.
$20
•Two-thirds of U.S. states have legal
medical markets; approximately
$15
one-fifth currently allow adult-use sales.
$10
$15.5-$18.9
$10.6-$13.0
$9.7-$11.8
$20.3-$24.8
$13-$15.9
$20.7-$25.3
$19.2-$23.5
$16.5-$20.2
$7.8-$8.7
$5.8-$6.5
$6.6-$8.1
$4.0-$4.5
$4.8-$5.2
$5
$2.0-$2.4
$3.0-$3.4
$9.5-$11.7
$2.7-$2.8
$9-$11
$8.3-$10.2
$1.8
$7.3-$8.9
$5.8-$7.1
$0.4
$1.6-$2.0
$4-$4.9
$3.1-$3.7
$2.0-$2.4
$2.2-$2.7
$3-$3.5
$0
Source: Marijuana Business 2020 Factbook
2014A
2015A
2016A 2017A 2018A 2019A
2020A
2021E
2022E
2023E 2024E
31 VERANO.COM
Medical
Adult-Use
veranoView entire presentation