Global Cannabis Sales Reach $21.2 Billion in 2020

According to data from BDSA, this represents a 48% year-over-year increase compared to 2019.

Global cannabis sales once again reached all-time highs in 2020, climbing to $21.2 billion, according to data from BDSA. “Our previous forecast was conservative based on the expected economic fallout from the pandemic, but the industry not only survived, it thrived and legal cannabis gained considerable ground, exceeding our expectations in several markets,” said Micah Tapman, chief executive officer, BDSA in a press release.

Source: BDSA
June 2021
Explore the June 2021 Issue

Check out more from this issue and find you next story to read.

Share This Content