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Fortune
Fortune
Chris Morris

As 4/20 approaches, sales estimates show weed outselling craft beer and chocolate this year

(Credit: Jeenah Moon/Bloomberg via Getty Images)

As more and more states make medical and recreational cannabis legal, the drug’s retail sales numbers are hitting new heights.

A new report from MJBiz, a Colorado-based business news outlet for professionals in the recreational and medical cannabis industry, forecasts marijuana sales will top $33.5 billion this year, a $4 billion increase from 2022. And by 2028, the industry is poised to see sales of just shy of $57 billion.

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