#1 Cited Cannabis Market Research


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.

11/26/16
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."

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."