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U.S. Cannabis Market to Generate $2.3 Billion in Tax Revenue by 2020

WASHINGTON, DC --(Marketwired - March 07, 2017) - New Frontier Data, the authority in business intelligence for the cannabis industry, has released the Executive Summary of its upcoming annual report, The Cannabis Industry Annual Report: 2017 Legal Marijuana Outlook. In this report, New Frontier Data has found that if all the states which are currently legal continue their projected growth, they could generate $2.3 billion in state tax revenue from retail sales by 2020.

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