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  • Post Time Posted May 29, 2018
Estimates published in the Marijuana Business Factbook show that the impact of legal marijuana sales could reach between $63 billion - $77 billion by 2022, up 223% from 2017’s $20 billion - $23 billion in the US.

To put that in perspective, there are 12 US states that have a GDP of below $80 billion, including New Hampshire at $77 billion, and West Virginia, at $72 billion. 

The estimates use an economic multiplier of 3.5 times. This suggests a massive contribution by cannabis business that ripples throughout their communities, cities, states, and the nation. 

Source: https://mjbizdaily.com/chart-us-marijuana-industrys-economic-impact-could-reach-80-billion-by-2022/


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