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Cannabis taxes may generate $12 billion for U.S. states by 2030, according to Barclays strategists

Cannabis Law Report

Cannabis tax revenue generated more than $2 billion in the U.S. last year and that could grow to $10 billion to $12 billion for states by 2030, exceeding tax revenue from alcohol, according to municipal-bond strategists at Barclays Plc. By 2030 sales should reach about $80 billion, the London-based bank estimates.

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2023 Cannabis Global Price Index: Where to Find the Cheapest and Most Expensive Cannabis

Veriheal

With cannabis legalization progressing across the globe, we are starting to see more stats about the multibillion-dollar industry that it encapsulates. While most studies focus on specific product niches and their projected growth, the 2023 Cannabis Global Price Index (23′ CGPI) offered a unique look at the cost of cannabis globally.

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Press Release: Global Wellness Signs Definitive Agreement with Cannvalate Australia

Cannabis Law Report

from 2020 to 2030 and generate revenue of $151.7 billion in 2030. 1 Global Chronic Pain Treatment Market Analysis and Growth Forecast Report 2020 – 2030. The global chronic pain treatment market is predicted to progress at a CAGR of 6.5% These statements relate to future events or future performance. 3 Psychol Res Behav Manag.

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Report: Gen Z Would Rather Smoke Cannabis Than Consume Alcohol

Veriheal

Cannabis use is increasing all around the world. The American marijuana industry was worth about $57 billion in 2023 and is projected to reach $444 billion by 2030, a staggering growth that reflects it as the fastest-growing industry anywhere in the world.

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Medxtractor Doubles Down on B2B Licensing & mHealth

Cannabis Law Report

GM Insights projects that the market for mHealth products will grow at a 30% compound annual growth rate from $56 billion in 2020 to more than $805 billion by 2030. The reference data it collects and its constantly improving machine learning algorithms create a moat that prevents competitors from quickly stepping into the market.

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Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

Legalizing cannabis for adults has been a wise investment. billion in tax revenue from legal, adult-use cannabis sales. billion in tax revenue from legal, adult-use cannabis sales. Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. Colorado (pop.

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What’s Going On With Cannabis Labor Laws?

Veriheal

Oregons cannabis industry faced a big question last November: should it be easier for cannabis workers to unionize? Thats what Ballot Measure 119 is all about: a law that requires cannabis businesses to allow employees the chance to unionize without interference. Background on Labor Unions in the U.S. Labor unions in the U.S.

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