Photographer: Matthew Staver/Bloomberg

Cannabis Industry Expected to Be Worth $50 Billion by 2026

  • Legal market will gain new consumers, former illicit users
  • Nine states to vote on weed-legalization measures in November

The legal cannabis industry in the U.S. may grow to $50 billion in the next decade, expanding to more than eight times its current size, as lawful pot purveyors gain new customers and win over users from the illicit market, according to a new report.

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