Sentences with phrase «annual marijuana sales»

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While medical marijuana has been legal in California for two decades — accounting for roughly $ 2 billion in annual sales — state residents must wait until January 2018 before they are able to legally buy marijuana in California without a doctor's approval.

The legal marijuana industry could generate roughly $ 22 billion in annual sales across the US within four years.

On Tuesday, a joint release from New Frontier and ArcView projected that California's legal marijuana market could reach $ 7.6 billion in annual sales by 2020 alone.

Across 23 states and Washington, D.C., recreational and medical sales have surpassed $ 5.4 billion in 2015, up from $ 4.6 billion the year before, according the fourth annual State of Legal Marijuana Markets report.

FILE PHOTO: Various - sized joints for sale are pictured at the annual 4/20 marijuana event at Sunset Beach in Vancouver, British Columbia, Canada on April 20, 2017.