Market Growth Of Marijuan Dispensaries - Fastest Growing Industry

The legal marijuana market is one of the fastest-growing industries in the world, with the global legal marijuana market size expected to reach USD 73.6 billion by 2027, according to a report by Grand View Research. The report also states that the market is expected to grow at a CAGR of 18.1% from 2020 to 2027.

The North American market is expected to lead the way, with the United States accounting for the largest share of the market. According to the same report by Grand View Research, the U.S. legal marijuana market size is expected to reach USD 41.5 billion by 2025, growing at a CAGR of 14.3% from 2019 to 2025.