Cannabis Law Report
DECEMBER 4, 2021
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. Cannabis tax revenue generated more than $2 billion in the U.S.
Cannabis Chronicles
FEBRUARY 4, 2019
With a growing number of states legalizing weed for recreational and medical purposes, the U.S. market could surge eight-fold to $80 billion in sales by 2030, according to Cowen & Co. New York state has a small medical program and is expected to approve recreational weed this year. With a market value of roughly $1.5
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Veriheal
SEPTEMBER 13, 2022
Despite the federal illegality of cannabis, lawmakers and state representatives have implemented successful medical and recreational cannabis programs across the nation. As of July 2022, 38 states in America have legalized medical cannabis, and 19 states and the District of Columbia have established recreational cannabis programs.
Veriheal
MARCH 17, 2023
The Alaska Department of Labor foresees marijuana cultivation steering all of the state’s industries regarding job growth between now and 2030. Throughout the pandemic, recreational cannabis sales in Anchorage — Alaska’s largest metropolitan area — continuously inflated. However, the limit stands at three mature plants.
Cannabis Law Report
NOVEMBER 8, 2022
By 2030, this industry will reach a global value of $102.2 With legalization efforts gaining steam across the United States and Canada, more and more people are choosing to use marijuana for medical and recreational […]. The cannabis industry has come a long way in the last few years. billion, as reported by Grand View Research.
Cannabis Law Report
FEBRUARY 3, 2022
DUBLIN–(BUSINESS WIRE)–The “Global Cannabis Market- Market Size & Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering. million by 2030 at a CAGR of 23.9%, 2021-2030. The global cannabis market in the COVID-19 period has been estimated to value USD 25,650.4
Veriheal
AUGUST 16, 2023
As a result, ‘recreational’ categories like pre-rolls, edibles, beverages, vapes, and oils are seeing an upswing in market share. This transition in favor of “recreational” categories could indicate shifting consumer tastes, highlighting the importance of staying up-to-date in this ever-evolving market.
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