News Formal

U.S. Legal Cannabis Market Sales To Soar To $45 Billion In 2027, Says Top Researcher

  • 📰 Forbes
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

Even with last year's downturn, the U.S. legal cannabis market, which comprises both medical and adult-use, is poised to reach $45 billion in sales in 2027.

In addition to long-term projections, BDSA estimates that the legal U.S. market is expected to grow 12% by the end of 2023, reaching $29.6 billion. The total global legal cannabis industry is predicted to reach $36.7 billion in 2023, with 80% of sales coming from the U.S. markets.

New York legal cannabis sales are projected to total $631 million by the end of 2023 and by 2027, that figure is estimated to reach $2.5 billion;

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. Legal Cannabis Market Sales To Soar To $45 Billion In 2027, Says Top ResearcherEven with last year's downturn, the U.S. legal cannabis market, which comprises both medical and adult-use, is poised to reach $45 billion in sales in 2027.
Source: Forbes - 🏆 394. / 53 Read more »