WASHINGTON STATE’S RECREATIONAL CANNABIS MARKET – UPDATE
December 29, 2016 – This morning Arcview/New Frontier reported projected sales in Washington state to reach $2.4 billion by 2020, growing at a compound annual growth rate of 23%.
Here is some additional data:
At the retailer level, 502’s reporting shows that retail sales in November, the most recent full month with data available, reached $66.7 million (spread out over 324 retail locations). Main Street Marijuana, based in Vancouver, Clark County, generated $1.285 million for the month (and paid $475,638 in taxes).