| 1 | A | B | C | D |
| --- | --- | --- | --- | --- |
| 2 | estimated cannabis spending in the fourth quarter 2018 |  |  |  |
| 3 |  | alternative estimates |  |  |
| 4 |  | case 1 | case 2 | case 3 |
| 5 |  | number |  |  |
| 6 | d1 - eligible population on october 17, 2018 | 29,892,021 | 29,892,021 | 29,892,021 |
| 7 |  | percentage |  |  |
| 8 | d2 - currently using cannabis | 14.8 | 14.8 | 14.8 |
| 9 | d3 - current users who will switch to legal | 49.2 | 49.2 | 49.2 |
| 10 | d4 - current users who may switch to legal | 25.2 | 25.2 | 25.2 |
| 11 | d5 - assumed: 'maybe' switchers who actually switch | 50.0 | 50.0 | 50.0 |
| 12 | d6 - not currently using cannabis | 85.2 | 85.2 | 85.2 |
| 13 | d7 - current non-users who will try | 5.9 | 5.9 | 5.9 |
| 14 | d8 - current non-users who may try | 9.4 | 9.4 | 9.4 |
| 15 | d9 - assumed: 'maybe' new users who actually try | 50.0 | 50.0 | 50.0 |
| 16 | d11 - share of the fourth quarter 2018 | 84.8 | 84.8 | 84.8 |
| 17 |  | number |  |  |
| 18 | projected users of legal cannabis | 5,433,652 | 5,433,652 | 5,433,652 |
| 19 | projected users of illegal cannabis | 1,689,975 | 1,689,975 | 1,689,975 |
| 20 | projected total users of cannabis | 7,123,627 | 7,123,627 | 7,123,627 |
| 21 |  | millions of dollars |  |  |
| 22 | projected legal spending | 816 | 917 | 1,018 |
| 23 | annualized projected legal spending | 3,849 | 4,325 | 4,801 |
| 24 | projected illegal spending | 254 | 285 | 317 |
| 25 | annualized projected illegal spending | 1,198 | 1,344 | 1,495 |
| 26 | total projected spending | 1,069 | 1,202 | 1,335 |
| 27 | total annualized projected spending | 5,047 | 5,670 | 6,297 |

Question: what was the range of estimated fourth quarter legal demand?
Answer: 816, 1018

Question: what was the range of annualized projected legal spending?
Answer: 3849, 4801

Question: what was the range of projected illegal spending?
Answer: 254, 317

Question: what was the range of total projected spending?
Answer: 1069, 1335