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People
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Organizations
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Market research report / financial analysis
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Summary
This document is page 107 of a report by Ackrell Capital, LLC regarding U.S. and International Cannabis Market Estimates. It specifically analyzes the market growth in Oregon and California following the implementation of medical and recreational laws, providing bar charts with financial estimates for market size through 2017 and 2018. The document bears a 'HOUSE_OVERSIGHT' bates stamp, indicating it was part of a document production for a Congressional investigation.
Organizations (4)
| Name | Type | Context |
|---|---|---|
| Ackrell Capital, LLC | ||
| FINRA | ||
| SIPC | ||
| House Oversight Committee |
Timeline (5 events)
Locations (3)
| Location | Context |
|---|---|
Key Quotes (3)
"Oregon implemented a medical law in 1998 and a recreational law in 2015."Source
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"In 1996, California became the first U.S. state to implement a medical law."Source
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Quote #2
"In November 2016, the state enacted a recreational law, the implementation of which is scheduled to begin in January 2018."Source
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Quote #3
Full Extracted Text
Complete text extracted from the document (1,071 characters)
ACKRELL
CAPITAL
CHAPTER VI U.S. and International Cannabis Market Estimates
CAPITAL
CHAPTER VI U.S. and International Cannabis Market Estimates
Oregon
Oregon implemented a medical law in 1998 and a recreational law in 2015. The following graph shows the impact of Oregon’s recreational law on the overall market in the state.
Oregon implemented a medical law in 1998 and a recreational law in 2015. The following graph shows the impact of Oregon’s recreational law on the overall market in the state.
State-Legal Cannabis Market: Oregon
$500
$450
$400
$350
$300
$250
$200
$150
$100
$50
$0
($ millions)
Medical
Recreational
2013 $75
2014 $126
101%
2015 $255
2016 $365
2017E $470
Source: Ackrell Capital
$500
$450
$400
$350
$300
$250
$200
$150
$100
$50
$0
($ millions)
Medical
Recreational
2013 $75
2014 $126
101%
2015 $255
2016 $365
2017E $470
Source: Ackrell Capital
California
In 1996, California became the first U.S. state to implement a medical law. In November 2016, the state enacted a recreational law, the implementation of which is scheduled to begin in January 2018. The following graph shows the impact that California’s recreational law is expected to have on the overall market in the state.
In 1996, California became the first U.S. state to implement a medical law. In November 2016, the state enacted a recreational law, the implementation of which is scheduled to begin in January 2018. The following graph shows the impact that California’s recreational law is expected to have on the overall market in the state.
State-Legal Cannabis Market: California
$7,000
$6,000
$5,000
$4,000
$3,000
$2,000
$1,000
$0
($ millions)
Medical
Recreational
2016 $2,563
2017E $3,227
101%
2018E $6,491
Source: Ackrell Capital
$7,000
$6,000
$5,000
$4,000
$3,000
$2,000
$1,000
$0
($ millions)
Medical
Recreational
2016 $2,563
2017E $3,227
101%
2018E $6,491
Source: Ackrell Capital
© 2017 Ackrell Capital, LLC | Member FINRA / SIPC
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