US To Remain Atop Global Cannabis Market Share

PALM BEACH, Florida, May 16, 2019 /PRNewswire/ — Reports show and predict that the U.S. will be at the epicenter of the global cannabis/marijuana markets. A report called “The State of Legal Marijuana Markets, 6th Edition”, from Arcview Market Research and BDS Analytics report states, “Legal adult-use sales will largely be a North American phenomenon,” and today the U.S. reigns in the legal cannabis market worldwide. By 2022, legal cannabis revenue in the U.S. market is projected to hit $23.4 billion (73% of the market). During the same period, Canada is projected to reach $5.5 billion (17%) and at $3.1 billion, the rest of the world will represent almost 10% of the legal cannabis market.” Another article by an industry website looking at the global market said: “If more countries fully legalize cannabis, including the United States and all European

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