#1 Cited Cannabis Market Research


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4/19/17
Budding business: Americans drawn to weed’s market potential

Revenues from the U.S. marijuana industry are expected to mushroom from $6.7 billion in 2016 to over $21 billion by 2021, according to Arcview Group research.

Troy Dayton, CEO of Arcview Group, works with hundreds of high-net-worth investors who have poured more than $100 million into cannabis-related startups since 2010. Dayton predicts that explosive growth will happen, whether or not President Trump cracks down on legalized marijuana.

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4/6/17
What Marijuana Legalization in Canada Could Mean for the United States

America's neighbor to the north is fast moving toward legalizing recreational marijuana nationwide, which would make Canada the second country in the world to do so. And the impact of having weed legalized on such a big scale, so close to home, may affect the future of pot in the United States.

According to Arcview, North Americans spent $6.7 billion on legal pot in 2016, up more than 30% from the year before. And if recreational markets come online as planned in places like Canada, California and Massachusetts, that could more than triple in the next five years, according the company's estimates.

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4/1/17
The way people buy legal marijuana will change in 2019 — here's what to expect

Legal weed in North America is expected to reach $22.6 billion in revenue in 2021. But many won't be spending their money on marijuana the way they do today.

Recreational cannabis spending is expected to outpace medical marijuana sales for the first time in 2019, according to a comprehensive new report from Arcview Market Research.

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3/23/17
U.S. Cannabis Industry Expected to Maintain Growth Despite Trump

America’s cannabis industry will continue growing at double-digit rates over the next four years -- even with ambiguity emanating from the White House -- as the drug gains in popularity, according to a leading marijuana-research firm.

Legalized pot in North America will continue to grow at a compound annual rate of 27 percent through 2021, according to an Arcview Market Research report released Thursday. The momentum of the past few years won’t be stopped by the Trump Administration, said Chief Executive Officer Troy Dayton.

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3/23/17
The marijuana industry could reach $22 billion in revenue by 2021 ― even if Trump cracks down

There's a looming question that hangs over the legal marijuana industry: What changes will President Trump- and attorney general Jeff Sessions - make ? A new report from cannabis market researcher The Arcview Group suggests the budding industry may be more resilient than some initially thought.

Legal weed in North America is expected to reach $22.6 billion in revenue in 2021. An annual growth rate of 27% is likely to continue over the next four years, even if Trump's administration and the US Department of Justice opposes the industry, the report predicts.

3/11/17
Say What? A Republican Just Introduced a Bill to End the Federal Prohibition of Marijuana

On Feb. 27, Garrett introduced the 'Ending Federal Marijuana Prohibition Act of 2017,' which would take marijuana off the federally controlled substances list, placing it on par with the alcohol and tobacco industries.

According to cannabis research firm Arcview, sales of legal weed in North America rose by 34% to $6.9 billion in 2016, and based on estimates from investment firm Cowen & Co., U.S. legal sales could reach $50 billion by 2026. For added context, ArcView estimates that North American black market sales totaled $46.4 billion last year.

2/25/17
The Business Of Marijuana: Will Edible And Concentrate Brands Get As Big As Budweiser?

In recent years, popular products have become household names in stoners' homes, giving some industry leaders reason to believe that, with improved packaging and advertising, cannabis companies could eventually transform into brands as widely recognized as Budweiser and Marlboro.

By the end of 2016's third quarter, 40 percent of all products sold came from recognized brands, according to a January report from Arcview, a market research firm that has analyzed and tracked marijuana-related investments and trends since 2013.

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1/24/17
North Americans Spent Almost $7 Billion on Legal Marijuana in 2016, Report Finds

North Americans spent almost $7 billion on legal cannabis products in 2016, a 34 percent increase over 2015, according to a new report.

Medical marijuana still drives the largest percentage of sales, but that is expected to change over the course of the next few years, according to Arcview Market Research.

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1/18/17
People in the US and Canada spent over $53 billion on marijuana in 2016

People in North America spent $53.3 billion on legal, medical, and illicit marijuana in 2016. That's more cash than Americans blow in a year at McDonald's and Starbucks combined.

According to a new report from Arcview Market Research, a leading publisher of marijuana market research, the black market is losing ground to its legal counterpart as consumers spend more money each year on legal cannabis.

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1/3/17
How Much Money Does Weed Make Every Year? North American Marijuana Sales Hit $6.7B In 2016

Proponents of legalizing and regulating recreational marijuana received some good news Tuesday, as a new market research study pegged the total value of legal North American sales of the drug in 2016 at $6.7 billion.

The study was conducted by ArcView Market Research, which, it may be worth noting, estimated in February that U.S. sales in 2016 would reach $6.7 billion, nearly $1 billion less than the actual total. A 25 percent compound annual growth rate for the legal weed market was also forecast.

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1/3/17
Marijuana Sales Totaled $6.7 Billion In 2016

North American marijuana sales grew by an unprecedented 30% in 2016 to $6.7 billion as the legal market expands in the U.S. and Canada, according to a new report by Arcview Market Research.

“You will not find another multi-billion dollar market growing at a 25% compound annual growth rate anywhere in the world that is not already filled with multi-national companies and institutional investors,” said Troy Dayton, Chief Executive Officer of Arcview Market Research. “That's part of what makes the cannabis industry such a unique opportunity for investors and entrepreneurs.”

1/3/17
The legal weed market is growing as fast as broadband internet in the 2000s

The North American marijuana market posted $6.7 billion in revenue in 2016, up 30% from the year before, according to a new report from Arcview Market Research, a leading publisher of cannabis market research.

In the case of the cannabis boom, Arcview CEO Troy Dayton credits legalization with reeling in the stigma against the plant and bringing new users to the market..."So when you look at the global market, the world has never seen something that will have such consistent growth over such a long period of time as the cannabis industry," Dayton said.

12/9/16
Florida Medical Marijuana Sales Could Rival Colorado By 2020

"...data provided by Arcview Market Research projects that Florida's market will grow to $1.6 billion by 2020 at a compound annual growth rate of 140%. That would make it half the size of California's projected $2.6 billion market and top the projected $1.5 billion medical marijuana market for Colorado.

Troy Dayton of The Arcview Group said, “The opportunity for good jobs, tax money and wealth creation created by Amendment 2 passing cannot be understated. And, thankfully, seriously ill patients will no longer need to go to high school parking lots or drug dealers to get their medicine.” Dayton also noted that cannabis entrepreneurs are pretty excited at their prospects in the state.

11/30/16
Investors Hoping To Ride High On Trailblazing Marijuana Company

Last year, sales of legal cannabis grew 24% to $5.7 billion, with 78% of that coming from medical marijuana, according to a report by ArcView Market Research and New Frontier Data. Sales are projected to grow to $7.1 billion this year and to $22 billion by 2020, when medical pot will make up less than half the total.

“Legalization of cannabis is one of greatest business opportunities of our time, and it’s still early enough to see huge growth,” said ArcView CEO Troy Dayton.

11/26/16
How to make money from marijuana without ever touching a plant

"And it is a sizeable market: Legal cannabis sales in the U.S. jumped 17% to $5.4 billion in 2015, and are expected to grow by 25% this year, to $6.7 billion, according to Arcview Market Research."

"For investors who want to capture some of the industry’s rapid financial growth, but don’t want to get involved with plant-touching firms that grow or sell cannabis and products still prohibited under federal law, lots of opportunities exist. Real estate investment trusts, equipment companies, and gardening-equipment and soil companies, are all potential plays."

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11/19/16
Pot of gold

On November 8th four states, including California, voted to approve recreational cannabis use. Four other states eased rules for medical marijuana. About three-fifths of America’s population lives in states that now allow cannabis use in some form.

Last year legal sales reached $6bn, according to the Arcview Group, an investment and market-research firm. By 2020 Arcview expects legal sales to be more than three times higher.

10/24/16
Election May Be a Turning Point for Legal Marijuana

To the red-and-blue map of American politics, it may be time to add green. The movement to legalize marijuana, the country’s most popular illicit drug, will take a giant leap on Election Day if California and four other states vote to allow recreational cannabis, as polls suggest they may.

“This is the vote heard round the world,” said Arcview’s chief executive, Troy Dayton. “What we’ve seen before has been tiny compared to what we are going to see in California.”

10/21/16
The next big billion-dollar cannabis markets investors are rushing to 

The accelerating pace of marijuana legalization in the United States has certainly grabbed headlines around the world in the past few months. Four states (and the District of Columbia) already allow the use of recreational marijuana. And next month five more will vote on similar legalization — California, Nevada, Maine, Massachusetts and Arizona. Meanwhile, medical marijuana has been given the green light in half of all U.S. states.

Legal cannabis sales in the United States jumped 17 percent, to $5.4 billion, in 2015 and are expected to grow by 25 percent this year, to $6.7 billion, according to Arcview Market Research. By 2020 legal cannabis sales in the United States are projected to hit $21.8 billion.

9/16/16
Wall Street Thinks It's High Time to Monetize Pot

"Here at the Investor Pitch Forum this week, hosted by the cannabis industry investment and research firm The Arcview Group, some 200 investors Arcview described as "high net worth" met with dozens of companies looking to cash in on the promising new market of legal recreational marijuana."

It's a good time to be investing in the space, at least in terms of market expansion. Recreational weed is already legal in Colorado, Alaska, Oregon, Washington, and Washington D.C., and it's on the ballot in nine states in November. If California legalizes it, the industry could triple in size, to $18 billion. Analysts expect it to balloon to $50 billion by 2026.

8/25/16
If California Legalizes Marijuana, It Would Be a $6 Billion Industry, Report Says 

Legalizing recreational marijuana in California could create a $6.46-billion market for legal use of the drug by 2020, according to a new report.

The projection, from the Arcview Market Research, comes in advance of a November vote on legalization in the state. Legal marijuana sales would be expected to hit $1.6 in the first year of legalization.

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7/14/16
California's high on its billion-dollar 'green rush' 

"The size of the market for legal marijuana in the United States is projected to grow to $7.1 billion in 2016, according to a report by New Frontier and Arcview Market Research. That represents 26% growth over the previous year, driven largely by adult recreational sales of marijuana, the researchers found."

"The states that have legalized weed are seeing windfalls in “green” taxes, such as the $70 million that Colorado took in during the 2014-15 fiscal year. That’s nearly twice as much revenue than the state earned from alcohol taxes. Colorado is expected to generate $135 million in cannabis taxes and licenses fees in fiscal year 2015-16, according to Arcview."

4/21/16
Venture Capitalists Jumping Onto Budding Marijuana Investment Train 

"The marijuana industry is budding, and venture capitalists are taking a page from the tech industry as they look to get in on the ground floor."

"CEO and Co-founder of venture capital and private equity firm The Arcview Group Troy Dayton forecast that the marijuana industry will grow from a $7.1 billion market this year to a $22.8 billion by 2020."

4/20/16
 Legal marijuana sales tripled in 2015 

"Sales of recreational marijuana are booming in the few states where it is legal"

Maggie Lake interviews Troy Dayton, CEO of The Arcview Group, a cannabis industry research firm, about what's next in the business of weed.

4/20/16
7 Most Powerful People in America's Marijuana Industry 

"Already, the burgeoning industry has produced a number of notably savvy businesspeople who could be the future of cannabis in America...Some leaders from the world of politics, science, media and other fields are having a big impact on this young industry."

"Co-founder of Arcview, Troy Dayton serves as CEO of the investor network and has also served as a board member of the advocacy group the Marijuana Policy Project and the National Cannabis Industry Association...Arcview's latest report on the legal marijuana market estimated the industry will hit $6.7 billion in total U.S. sales this year and could reach $21.8 billion by 2020."

4/19/16
Legal U.S. Marijuana Market Will Grow To $7.1 Billion In 2016: Report 

"The size of the market for legal marijuana in the United States is projected to grow to $7.1 billion in 2016, according to a report by New Frontier and Arcview Market Research. That represents 26% growth over the previous year, driven largely by adult recreational sales of marijuana, the researchers found."

"The states that have legalized weed are seeing windfalls in “green” taxes, such as the $70 million that Colorado took in during the 2014-15 fiscal year. That’s nearly twice as much revenue than the state earned from alcohol taxes. Colorado is expected to generate $135 million in cannabis taxes and licenses fees in fiscal year 2015-16, according to Arcview."

4/11/16
In California, Marijuana Is Smelling More Like Big Business

"The size of the market for legal marijuana in the United States is projected to grow to $7.1 billion in 2016, according to a report by New Frontier and Arcview Market Research. That represents 26% growth over the previous year, driven largely by adult recreational sales of marijuana, the researchers found."

"The states that have legalized weed are seeing windfalls in “green” taxes, such as the $70 million that Colorado took in during the 2014-15 fiscal year. That’s nearly twice as much revenue than the state earned from alcohol taxes. Colorado is expected to generate $135 million in cannabis taxes and licenses fees in fiscal year 2015-16, according to Arcview."

4/1/16
Legal pot business takes deep breath, faces growing pains

"Overall, state-regulated marijuana sales reaches $5.7 billion in 2015, up nearly 24 percent from the prior year - boosted by growth tripling in the recreational market, according to 'The State of Legal Marijuana Markets' report from Arcview Group, an Oakland, California-based investment network for cannabis start-ups."

"'They are really barking up the wrong tree if their opinion is that the Justice Department should be going after people who are following state law in states that have decided to go this route,' said Arcview CEO Troy Dayton.  'The public is behind us, and at the end of the day public officials ultimately answer to the public.'"

3/30/16
Whoopi Goldberg founds medical marijuana company for women

"Marijuana is rapidly becoming a big, semi-legal business across the country, with $5.7 billion in sales last year and tens of thousands of people working and paying taxes as they cultivate, package, and sell cannabis."

"The industry is only expected to grow in 2016, particularly if California voters this fall decide to legalize recreational use, according to the newly released 4th Edition State of Legal Marijuana Markets Report from Arcview Market Research and New Frontier, a cannabis-focused data-analysis firm.  Much of the increase is attributed to adult use market sales, which hit $1.3 billion last year.  By 2020, adult use and medical marijuana sales are expected to reach nearly $23 billion, triple this year."

2/11/16
Colorado's Legal Marijuana Industry Is Worth $1 Billion

"Legal pot sales jumped by more than 42% in Colorado last year, pushing the Centennial State’s revenue from marijuana taxes and fees to a new high."

"A recent report from Arcview Market Research predicted that the legal cannabis market will grow by 25% this year to reach $6.7 billion in total U.S. sales, and that the total could approach $22 billion in sales by 2020."

2/4/16  
Legal Marijuana Sales Hit $5.4 Billion in 2015, Report Says

"This week two marijuana analysis and investment firms released a summary of a report that appeared to confirm that the industry has become a gold rush. National legal sales of cannabis grew to $5.4 billion in 2015, up from $4.6 billion in 2014, according to the firms, the Arcview Group, based in San Francisco, and New Frontier, based in Washington."

"The summary, released before a full report scheduled for the end of February, was one of the latest by market analysts to scrutinize the emerging marijuana industry."