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%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria 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;

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 NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines