Marijuana Sales

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From: Forbes

America’s 2015 Marijuana Sales Higher Than Dasani, Oreos

by Niall McCarthy , Data journalist covering technological, societal and media topics contributing to Forbes. 

Medical marijuana dispensary, Ypsilanti, MIMarijuana sales in the United States reached a record high in 2015. Legal in Alaska, Colorado, Oregon, Washington, and the District of Columbia, a whopping $3.4 billion of the green stuff was sold last year, according to Marijuana Business Daily’s Marijuana Business Factbook . The best way to give that figure some kind of perspective is by comparing it to the sales of well-known and established brands.

Take Oreo for example, a cookie loved by millions of Americans. Between April 2014 and April 2015, its sales amounted to $711 million. Weed sales were five times higher than that. Dasani brand bottled water recorded impressive sales figures of $1.02 billion between May 2014 and 2015 but legal marijuana sales were still about three times higher last year. In 2016, America’s legal marijuana sales are expected to be even higher, somewhere in the region of $3.5 billion to $4.3 billion.

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America’s 2015 Marijuana Sales In Perspective

Forbes video

Legal marijuana sales hit a record high in 2015. Here’s how it stacks against some of America’s top brands.