Oregon cannabis sales expected to top $1B by 2020

Oregonians will spend more than $1 billion on cannabis products in 2020, according to a new forecast. New Frontier Data projects $1.04 billion in combined adult use and medical sales in 2020 in Oregon — $856 million on the recreational side, $187 million medical. That will rank the state fifth behind California ($3.1 billion), Washington ($2.28 billion), Colorado ($1.83 billion) and Massachusetts ($1.05 billion). Florida ($880 million), Michigan ($759 million) and Arizona ($725 million) are expected…

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Oregon cannabis sales expected to top $1B by 2020