The US marijuana market generated a total revenue of $1.6B in 2013, an estimated increase of 33% over 2012, exceeding industry estimates by more than $100M. The marijuana market is less than 2% of the US tobacco market, a $153.5B market that has no medicinal value, and less than 1% of the alcohol market, which valued at $197.8B in 2012. This market analysis provides information useful to investors, existing business owners, entrepreneurs, and law makers involved in the marijuana market.
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