Global spending on legal cannabis is expected to grow 230% to $32 billion in 2020 as compared to $9.5 in 2017, according to Arcview Market Research and BDS Analytics. The research projects a majority of that, nearly $23.4 billion will come from the United States.

Canadians spent an estimated $5.7 billion on cannabis last year according to Statistics Canada, but that’s not a guarantee those sales will translate into billions-of-dollars for the legal market, at least not immediately.

That’s because over 90 per cent of those sales were in the black market — or, as Statistics Canada describes it, in non-medical consumption.

Read more: Top Marijuana Stocks to Watch

Canadian $ Marijuana Producers Revenue Figures ranked in order:

ALL FIGURES SHOWN IN CDN $ AUG/09/2018

See also: Top Ten American $ Marijuana Revenue Results: Aug 2018