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Adult Use to Drive Colorado's Cannabis Market to $2 Billion by 2020
December 18, 2016
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As the last CannaBit for 2016, we would like to wish everybody Happy Holidays and a very Happy New Year! We will return in 2017 to continue supporting your data and analytic needs for the cannabis industry. We look forward to another amazing year together!
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According to New Frontier Data & Arcview Market Research, in 2016, Colorado’s cannabis sales are expected to total $1.2 billion, of which $739 million will be in adult use sales and $438 in medical cannabis sales.
By 2020 sales are projected to grow to slightly over $2 billion, driven by continued strong growth in adult use sales. Adult use sales are projected to grow at a 16% CAGR while medical sales will grow at a 10% CAGR between 2016 to 2020.
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New Frontier Data, in partnership with Arcview Market Research, is releasing the 2016 Colorado Legal Cannabis Market State Profile, the 2016 Massachusetts Legal Cannabis Market State Profile and the 2016 Washington Legal Cannabis Market State Profile, revealing the potential growth of the legal cannabis market in those three promising markets.
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Want to Research Medical Marijuana? Israel Is Open for Business
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Recreational Marijuana? Yes, but Tightly Regulated, Canadian Panel Suggests
New York Times
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Access Deal Flow & Connect with Investor Peers
If you are a high net-worth investor in the cannabis sector then you know that your success rests on two key factors:
- Getting early exposure to the best companies
- Developing trusting relationships with your investor peers and top industry leaders so you can both better evaluate deals and help your investment targets succeed
Arcview has been helping investors do this since 2011. Our 600+ accredited investor members have placed $88 million+ behind 135 cannabis-related companies making Arcview, by far, the #1 source for deal flow in the fastest growing industry in the world.
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Many of the companies you read about raised capital from Arcview members including MJ Freeway, Apeks Supercritical, Zynerba, MassRoots, Medicine Man, Eaze, Meadow, GreenBroz, Canopy, Heliospectra, Spare, Cannasure, Mjardin, Mirth Provisions, SPARC, VapeXhale and many more.
You missed out on some of those deals, but don’t miss out on the next batch of winners.
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Please click here to learn more and schedule a brief call with a member of Arcview’s team to find out more. Accredited investors only.
The next members-only investor forum is January 16-18 in Los Angeles. If you are a high-net worth accredited investor and would like to explore becoming an Arcview member or attending this pitch forum, please click here. If you are raising capital and have a pitch deck and financials ready to go, please click here.
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WHAT ARCVIEW MEMBERS ARE SAYING
"If you want to invest in this brand-new industry, becoming a member of Arcview is a given." - Patrick O’Malley
“To say that joining Arcview changed everything is an understatement.” - former NFL superstar Ricky Williams
“When we look back 20 years from now I would not be surprised if many of the names we commonly associate with cannabis had at one point come through Arcview.” - Anthony Georgiadis
"In most industries, investors track their progress quarter by quarter. In the cannabis industry, we track our progress Arcview to Arcview." - Frank Marino
“Arcview is the place that set me on a path to getting the capital I need. This wasn't like any other kind of business conference. There are a lot of special people involved. I hope to see you at a future Arcview event.” - Grammy award-winning musician, Melissa Etheridge
“Arcview and my fellow members are the dominant investors in early stage businesses serving the cannabis industry. I am honored to be part of such a distinguished group. There is no other group like Arcview in our space." - Tripp Keber
“Even the skeptics and conservatives in my investor group have been thoroughly impressed with the investment opportunities I brought from Arcview. I have had a passion for this plant for a long time and feel that I have finally found my tribe." - Trent Hartley
"That was, hands down, the best business conference I've ever attended! As an investor, I've found that to NOT join Arcview is really 'at your own risk'. Arcview is THE place to be to find companies the moment after either their launch or just as they enter into the next growth phase." - Lindy Snider
"I've spent weeks scouring the web to get up to speed on the commercial drivers of this new space. But there's no substitute for being surrounded by a roomful of folks right at the cutting edge - who are shaping in real-time where the industry goes. Thanks to Arcview, I’m now building the relationships to turn my enthusiasm into a tangible profit.” - Alan DeGeorge
“I’ve never been part of a group that is so focused and well organized. The other investors bring so much experience and enthusiasm for the industry. I feel so lucky to be put in front of the best minds in this business with the opportunity to put my money behind these amazing entrepreneurs. I can’t wait for the next Arcview meeting.” - Dave Daily
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