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Cannabis becomes new 'green gold rush' in US

By Belinda Robinson in New York | China Daily | Updated: 2019-02-22 07:38

Legal medical and recreational markets will be worth $23.4 billion by 2022

It's known by multiple names - marijuana, weed, pot and cannabis. But a new one could be "moneymaker" after legal sales of the drug in 2017 reached $8.5 billion in the United States and $9.5 billion worldwide, experts said.

The legal medical and recreational marijuana markets are projected to be worth $23.4 billion by 2022, according to cannabis research firm ArcView Group and BDS Analytics.

Cannabis becomes new 'green gold rush' in US

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