The legal marijuana industry brought in between $4 billion and $4.5 billion in 2016, outselling Viagra and Cialis, paid music streaming services, tequila, and Girl Scout cookies.
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Legal marijuana outsold both Viagra and tequila in 2016
In 2016, sales of medical and recreational marijuana increased more than 30% over the year prior.
In 2016, sales of medical and recreational marijuana increased more than 30% over the year prior, according to the 2017 Marijuana Business Factbook, an industry report produced by the research and editorial teams at trade publication Marijuana Business Daily.
And the so-called green rush shows no sign of slowing down.
The Marijuana Business Factbook points out that if it does, legal weed will add frozen pizza and retail ice cream to the list of industries it has eclipsed in revenue.
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