Marijuana industry can topple ice cream in sales
The total demand for marijuana, including the black market, now stands at at least $45 billion, a report showed.
This exceeds by more than eight times the yearly sales generated by ice cream products which totals $5.1 billion.
Aside from ice cream, the cannabis industry can also eclipse US movie ticket ($11.1 billion) and snacks like Doritos, Cheetos and Funyuns ($4.9 billion) in sales.
“If the federal government legalized marijuana nationwide, sales might start out at around that level budst would likely quickly rise as cannabis gained mainstream acceptance and the market evolved,” the report added.