The marijuana industry is growing like gangbusters, and both investors and cannabis enthusiasts couldn't be happier. According to Bank of America analyst Christopher Carey, legal marijuana could one day become an industry capable of $166 billion in annual sales and could disrupt a number of other industries as it expands.
But when talking about global sales, we're really discussing the important role legal cannabis could play in the United States--a market that's second to no other. Carey's projection pegs the U.S. as generating more than a third of his firm's peak sales estimate, which is why the country is often viewed as the crown jewel of the marijuana movement.
The big question is: Which states will play a big role in generating legal U.S. cannabis sales?
