Cannabis Retail Sales are Expected to Increase as the Edibles Market Grows

NEW YORK, September 10, 2018 /PRNewswire/ —

According to a report published by the Marijuana Business Daily, cannabis retail sales continue to grow year-over-year, in part thanks to the appearance of new markets and states that have legalized medical and recreational cannabis products. Sales in 2018 are projected to increase by approximately 50% when compared to sales in 2017. The report also specifies that sales value is on track to reach a value of USD 8 Billion – USD 10 Billion by the end of this year. Additionally, the data provided projects that by 2022, annual retail cannabis sales in the United States could cross the USD 20 Billion mark, representing a 200% increase from 2017. Legal cannabis markets currently grow in major states such as California, Nevada, Colorado and Washington, amongst others. CLS Holdings USA Inc. (OTC: CLSH), Terra Tech Corp. (OTC: TRTC), Vitality Biopharma, Inc. (OTC: VBIO), KushCo Holdings, Inc. (OTC: KSHB), The Supreme Cannabis

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