Snapshot of the MA Cannabis Market
We've come along way, Massachusetts. From 3 years post Question 4 passing to seven recreational dispensaries open. We are one of the first East Coast states to have legal recreational sales. Here we'll take a look at the sales numbers over the past few months and estimates from the state regulators looking to the future. We'll also discuss the State Attorney's opinion on cannabis. Overall, you'll need sunglasses, it's so bright with all the money the state's going to be raking in. By 2023, the market for both medical and recreational forms of the drug will be higher than $20 billion. There was also an estimated $31 billion worth of cannabis sales in the U.S. last year, the lion's share of which was generated through illegal transactions. Here’s an amazing view of the industry and what analyst project for the next 10 years. Imagine all that tax cheddah!
Read more at Maverick Services and see our interactive real estate map of Massachusetts for Cannabis!