Cannabizness: Analysts assume Maryland medical-cannibis sales will reach $440 million by 2024

By Van Smith

Baltimore, Jan. 18, 2019

The Maryland Department of Legislative Services (DLS), analyzing the fiscal effect of granting standard business deductions to the state’s medical-cannibis industry, sees a very fast-growing sector of the state’s economy. Sales in 2018 were about $100 million – but DLS is working on the assumption that sales will reach $250 million in 2020, and $440 million in 2024. Read the report here.

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