Continue to Site »
Site will load in 15 seconds
Advertisment: FundCanna » FundCanna Order 123 » CBT ROS 970X250 Billboard Ad Sept 2-30 2025 » RP CBT 970x250

Marijuana Industry Could Be Worth $35 Billion In 2020, If All States And Feds Legalize It


Noelle New Headshot Fmt Headshot

If all 50 states legalized marijuana and the federal government ended prohibition of the plant, the marijuana industry in the United States would be worth $35 billion just six years from now.

That's according to a new report from GreenWave Advisors, a research and advisory firm that serves the emerging marijuana industry in the U.S., which found that if all 50 states and the federal government legalized cannabis, combined sales for both medical and retail marijuana could balloon to $35 billion a year by 2020.

Advertisment: Cannabis Business Times » Cannabis Business Times Best Cannabis Companies to Work For » CBT Best Companies 2026 ROS Parallax Reveal » bcc-ads-730x570
Advertisment: Cannabis Business Times » Cannabis Business Times Best Cannabis Companies to Work For » CBT Best Companies 2026 ROS Parallax Reveal » bcc-ads-730x570

If the federal government doesn't end prohibition and the trajectory of state legalization continues on its current path, with more, but not all, states legalizing marijuana in some form, the industry in 2020 would still be worth $21 billion, GreenWave projects.

Advertisment: Cannabis Business Times » Cannabis Business Times Best Cannabis Companies to Work For » CBT Best Companies ROS 300x250 Medium Rectangle » great-place-2026-animation300x250.gif

Read more

Advertisment: Cannabis Business Times » Cannabis Business Times Best Cannabis Companies to Work For » CBT Best Companies ROS 300x250 Medium Rectangle » great-place-2026-animation300x250.gif
Advertisment: Cannabis Business Times » Green Check Webinar Promo House Ad » CBT_Green Check Sept 2025 Webinar Promo Medium Rectangle 300x250 » green-check-whitepaper-webinar300x250 (1)-RESIZED FINAL.jpg
Page 1 of 492
Next Page
Advertisment: Greentank » Greentank Order 111 » CBT ROS Mobile Adhesion 360x120 September 2025 » gt-ac-360x120