Accretive M&A Activity - Connecticut
Growing Market
Opportunity
The marijuana industry is estimated
to have an economic impact of
$55 billion $67 billion in the U.S.
-
in 2020 and surpass $100 billion
in economic benefits in 2024.
Based on the assumption that for every
$1 that consumers and patients spend
at recreational stores and dispensaries,
MJ Biz Daily estimates that an additional
$2.50 will be injected into the economy,
much of it at the local level.
$140
$120
$100
$80
$20
32
32
* Source: Marijuana Business 2020 Factbook
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U.S. CANNABIS INDUSTRY TOTAL ECONOMIC IMPACT: 2019-2024*
IN BILLIONS OF US DOLLARS
$60
$37.8-$46.2
TOTAL
$40
$54.6-$66.9
TOTAL
$0
2019
2020
$71.4-$87.5
TOTAL
2021
$87.5-$106.8
TOTAL
2022
$106.4-$130.2
TOTAL
$99.4-$121.5
TOTAL
2023
2024
Dispensary/Store Sales
Additional Economic Impact Of Dispensary/Store Sales
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