Remove 2030 Remove Recreational Remove Topical
article thumbnail

Federal policy kills buzz for advertising pot

Cannabis Chronicles

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

Policy 154
article thumbnail

The Rise of Cannabis Pre-rolls: Data Analysis Reveals Surging Popularity

Veriheal

As a result, ‘recreational’ categories like pre-rolls, edibles, beverages, vapes, and oils are seeing an upswing in market share. Conversely, “wellness” counterparts such as capsules, tinctures, and topicals are experiencing a decline in market share.

Data 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Global Cannabis Market Size & Forecast Report 2021: A $176 Billion by 2030 – Growing Legalization of Medical Cannabis in Various Countries Driving Growth – ResearchAndMarkets.com

Cannabis Law Report

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

Indica 40
article thumbnail

Report: Gen Z Would Rather Smoke Cannabis Than Consume Alcohol

Veriheal

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. These surveys explore the motivations and methods behind cannabis usage for both medical purposes and recreational enjoyment.

article thumbnail

The Cannabis Industry Now Supports Over 440,000 Full-Time Jobs

Canna Law Blog

As the 2024 elections draw near, the economic impact of cannabis legalization is set to become a prominent topic in political discourse. In all, Missouri topped $1 billion during its first year of recreational sales. By 2030, we predict this will grow to $67.2 increase in the past year alone. The national 5.4% billion (98.3%

article thumbnail

The Cannabis Industry Now Supports More Than 440,000 Full-Time Jobs

Canna Law Blog

As the 2024 elections draw near, the economic impact of cannabis legalization will likely become a prominent topic in political discourse. Missouri topped $1 billion during its first year of recreational sales. By 2030, we predict this will grow to $67.2 billion came in at $28.8 billion (98.3% This year we’re looking for 9.1%

Retail 96