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America’s legal weed industry could be worth $25 billion by 2025

$25 billion

Fresh analysis of America’s legal marijuana market predicts the industry—currently valued at just over $8 billion—could be worth roughly $25 billion by 2025.

Published   |  Photo by AP Photo/Arnulfo Franco
marijuana-pot-teens-adolescents-study 2
$25 billion

According to New Frontier Data, medical and recreational marijuana have equally high potential, with projected compound annual growth of 14.7%.

marijuana-pot-teens-adolescents-study 2
$25 billion

Total estimated economic impact of US marijuana industry

marijuana-pot-teens-adolescents-study 2
$25 billion

Most US states have legalized some form of medical marijuana, but only eight states and the District of Columbia allow recreational use.

marijuana-pot-teens-adolescents-study 2
$25 billion

But the US might go full green soon. More Americans than ever say weed should be legal, while politicians spar over the topic ahead of a tense election season.

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$25 billion

Americans who agree with legalizing marijuana, by political party

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$25 billion

Full legalization is rare throughout the world: Many nations are still warming up to the global weed market, while a few—like Spain and the Netherlands—have decriminalized marijuana without explicitly making it legal.

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