Americans spend $53.3 billion on marijuana: 87% or $46 Billion, black market. Where the Feds at?

North Americans (defined as persons in the U.S. and Canada) spent $53.3 billion on marijuana in 2016….

There’s a clear upward trend in legal pot sales, but there are no long-term guarantees that the black market will cede a majority of its market share to legal businesses, or that the federal government will make investing in the space profitable over the long run.

Source: $46 Billion: Marijuana’s Most Promising and Perilous Number | Business Markets and Stocks News | host.madison.com

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