All signs point to the likelihood of the home grow market more than doubling this year, particularly due to new measures in Vermont and Massachusetts. We can expect homegrown cannabis to represent a major portion of the total market by 2021.
Increase in home grows– the popularity of growing weed at home is going to rise significantly in the coming year. We expect to see the home grow market more than double in 2018, in the wake of new recreational legalization measures in states like Vermont and Massachusetts, and a shifting focus to craft quality cannabis. If we model the home grow market after home brewing, which represents about 12 percent of beer production, we can expect homegrown cannabis to represent nearly $3 billion of the market by 2021. For more information, visit http://www.theblincgroup.com/
