Believe It or Not, Medical Marijuana Sales Could Fall — Here’s What It Means for Investors

If you think medical marijuana sales have been soaring, you’re right. In 2014, global medical marijuana spending totaled $3.1 billion, according to Arcview Market Research and BDS Analytics. By 2017, that figure had more than doubled to $6.7 billion.

Rapid growth for the medical marijuana industry makes sense. In the U.S., states are following each other in legalizing medical cannabis like dominoes falling one after another. With Oklahoma’s recent vote to legalize medical marijuana, 30 U.S. states now have laws that broadly allow legal use of weed for medical purposes. Germany, the most heavily populated country in the European more at