breaking news

Police: Car ends up on its top when road rage incident ends in Dayton

Pot sales poised to outpace ice cream sales


Retail sales of medical and recreational marijuana in the United States are expected to reach $5 billion to $6 billion this year and surge to as high as $17 billion by 2021, according to new projections from Marijuana Business Daily.

Last year, sales of medical and recreational marijuana reached an estimated $4 billion to $4.5 billion — up about 30 percent from the previous year — and are expected to grow by about 33 percent this year, compared to 2016, according to the trade publication’s 2017 Marijuana Business Factbook.

RELATED: Ohio foray into medical pot begins

The legalization of marijuana in new states, including Ohio — where the state’s medical marijuana program expected to be up and running by late 2018 — is expected to spur much of the future sales growth.

RELATED: Ohio to license 18 medical marijuana growers

But even now, sales are on par with annual ice cream sales ($5.1 billion), and salted snacks, such as Doritos, Cheetos and Funyuns ($4.9 billion), according to the report.



Reader Comments ...


Next Up in Business

Women leadership program launched in Dayton area
Women leadership program launched in Dayton area

A new program in the Dayton area is designed to empower the next generation of women in executive leadership. The Dayton Area Chamber of Commerce is working with Aileron to launch a new program called Empower to help women in management grow their careers. The new program was presented Tuesday morning at the Dayton Area Chamber of Commerce’s...
New spam impacts some Gmail accounts
New spam impacts some Gmail accounts

A new form of spam is causing some computer experts to scratch their heads.   Messages you didn’t send but appear to come from your Gmail account may wind up in your sent messages folder. The trick lets the spammers bypass Gmail’s spam filters, according to Gizmodo.com. This doesn’t mean your account has been compromised...
Dayton Soin Award winner has innovation in its sights
Dayton Soin Award winner has innovation in its sights

Battle Sight Technologies — a Dayton startup that has developed a chemiluminescent writing device — is the 2018 Soin Award for Innovation winner, the Dayton Area Chamber of Commerce and Soin LLC said Tuesday. Battle Sight Technologies produces the “MARC IR,” which allows its user to write with a reusable luminescent material...
NCR to cut 360 jobs as company outsources work
NCR to cut 360 jobs as company outsources work

NCR Corp., the company once headquartered in Dayton, is cutting some 360 jobs in Georgia, a move that may affect hundreds of other jobs in an economic ripple effect. Atlanta-based NCR said it will close two manufacturing facilities near Columbus, in west Georgia, later this year, as the company outsources production of some automated teller machines...
4X4 obstacle course revs up Saturday
4X4 obstacle course revs up Saturday

Jeep drivers and 4X4 enthusiasts, start your engines: A new Jeep obstacle course and off-road arena is set to open Saturday. The Evans 4X4 Arena Obstacle Course will open at 10 a.m. at Evans Arena Chrysler Dodge Jeep Ram, 924 Shiloh Springs Road, Dayton, the dealership said. RELATED: Evans dealership to open ‘biggest off-road arena’ in...
More Stories