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Marijuana industry will add $123.6 billion to US economy this year

The total U.S. economic impact of regulated marijuana sales could top $123.6 billion in 2025, about 9% more than last year, according to a newly released MJBiz Factbook update. While the overall industry continues to struggle – especially in some Western states – expanding markets such as New York and Ohio will add stability going into 2025. With more new cannabis markets on the horizon, the industry will add upward of $200 billion in additional spending to the U.S. economy by 2030. Direct medical and recreational marijuana sales are estimated to reach $35.3 billion in 2025 with an additional $88.3 billion added to the broader economy.

https://mjbizdaily.com/marijuana-industry-will-add-123-billion-to-us-economy-in-2025/

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