1 minute reading time (80 words)

Legal marijuana is set to outsell liquor in Canada by 2020

Canada's legal marijuana market is seeing green in more ways than one.

A new report from CIBC, one of Canada's largest banks, estimates marijuana will be a $6.5 billion industry by 2020 in the country.

That's more than the $5.1 billion Canadians spent on liquor in 2017, and it's approaching wine sales. CIBC predicts Canadians will buy over 800,000 kilograms (over 1.7 million pounds) of marijuana by 2020.

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Celia Carr ~ 420Intel.com

 

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