Edibles sales in the U.S. and Canada are on pace to reach more than $4.1 billion by 2022, according to a new report.

A report from Arcview Market Research and BDS Analytics says the growth will be driven by strategies and participation from the consumer-packaged goods industry.

Edibles spending in U.S. and Canadian markets reached $1 billion in 2017, according to the report, and the category will continue to grow, reaching $1.5 billion in 2018, $2.2 billion in 2019, $2.8 billion in 2020, $3.5 billion in 2021 and eventually topping $4.1 billion in sales in 2022.

See the original article at Cannabis Business Times