Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Americans spent $5.4 billion on marijuana last year, enough to send New Horizon to Pluto

 


Americans spent $5.4 billion on legal medical and recreational marijuana last year, according to new estimates from ArcView Market Research and New Frontier Data, two marijuana industry market research groups.

The total includes over $1 billion in medical marijuana sales in California, nearly $1 billion in legal marijuana sales in Colorado, and more than a half-billion dollars in sales in Washington state.

To put that $5.4 billion number in perspective, that’s more money than Americans spent on Doritos, Cheetos and Funyuns combined in 2015, according to market research firm Euromonitor.

http://www.startribune.com/americans-spent-5-4-billion-on-marijuana-last-year-enough-to-send-new-horizon-to-pluto/367421401/

 

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