Washington’s recreational pot market to swell $15 billion to $25 billion over the next decade as state grapples with weed crackdown

UPDATE: Weed market expands to $15bn over the past decade, says report by Washington State Department of Public Health.

In a report released Monday, the department said Washington State had about $2.8 billion in recreational marijuana in its possession, but that recreational marijuana sales were up more than $5 billion in the first quarter of 2018.

In the same quarter, recreational pot sales in Washington increased more than 17% from the same period last year, the report said.

The report said recreational pot consumption is expected to grow in the state over the coming years, as it is expected that recreational pot use will become a major part of the local economy.

In 2017, recreational marijuana use in Washington reached 1.6 million people, the highest in the nation.

Recreational pot sales were about $4.4 billion, and sales of recreational marijuana rose $3.6 billion in 2020, the second consecutive year of record-highs.

The Washington State report said the total number of recreational pot shops and other retail marijuana outlets in the U.S. is expected rise to nearly 1 million by 2020.

Recreationally selling pot was estimated to be worth $2 billion in 2019, the latest year for which data is available.

It’s unclear how much recreational pot is being sold in the region at any given time.

The Department of Health said the number of active-duty soldiers in Washington was 478,000 in 2020 and 678,400 in 2021, and more than 4,000 active-service military personnel were stationed in the Washington region.

The department said there were 775,000 registered medical marijuana patients in Washington.

The federal government said it would no longer be enforcing federal laws against marijuana.

The Associated Press contributed to this report.