From growing operations to manufacturers to dispensaries, each segment of the cannabis business has very specific real estate needs when it comes to renting or purchasing properties. (Photo: Diego M. Radzinschi/ALM)
When it comes to statistics concerning marijuana use and sales, the numbers show just how mainstream cannabis has become. An estimated 12% of Americans actively use some form of cannabis and total annual legal sales are expected to exceed $18 billion this year and reach $25 billion by 2025, according to Statista. And a number of surveys have shown that a majority of Americans favor the legalization of recreational cannabis.
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Patricia L. Harman
Patricia L. Harman is the editor-in-chief of Claims magazine, a contributing editor to PropertyCasualty360.com, and chairs the annual America's Claims Event (ACE), which focuses on providing claims professionals with cutting-edge education and networking opportunities. She covers auto, property & casualty, workers' compensation, fraud, risk and cybersecurity, and is a frequent speaker at insurance industry events. Contact her at [email protected]
