Report: Global Cannabis Market Will Reach US$166 Billion by 2025

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The total worth of the marijuana market will reach US$166 billion by 2025, according to a market report made public on Tuesday (February 26) from Euromonitor International. The firm expects legal cannabis to represent over 70 percent of the total market globally by the target date. Zora Milenkovic, head of drinks and tobacco at Euromonitor International, said cannabis will serve as an ingredient in several consumer goods.

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