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Marijuana is rapidly becoming a big, semi-legal business across the country, with $5.7 billion in sales last year and tens of thousands of people working and paying taxes as they cultivate, package and sell cannabis. Colorado, Alaska, Oregon, Washington state and Washington, D.C. have all...

Sales of recreational marijuana could surpass medical marijuana as early as 2018, according to a new report from Marijuana Business Daily. MBD estimates that retail sales for recreational and medical marijuana combined will be between $3.5 billion and $4.3 billion in 2016. That would mean...

In its annual report on the U.S. cannabis industry, Marijuana Business Daily predicts up to $44 billion in economic impact by 2020. To put that into some corporate context: it's roughly equivalent to the current market cap of Netflix (NFLX) or Caterpillar (CAT). Last year's report predicted $14...

A new report finds that legal cannabis sales will continue to grow year over year. With $5.4 billion in sales in 2015, this year is expected to bring in $6.7 billion and $21.8 billion by 2020. Crack all the stoner jokes you want, but America's homegrown marijuana industry is expected to bring...

In states which have legalised cannabis, American authorities are raking in almost $1 billion in tax. Recreational marijuana sale, which is legal in Colorado, Washington, Oregon, Alaska and the District of Columbia, has increased by 184 per cent. The industry was worth around $351 million...