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Cannabis' 2030 Outlook Includes Bankruptcies

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First published at 13:03 UTC on April 22nd, 2022.

#cannabis
#market
#forecast

TalkingHedge

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The likelihood for several new cannabis markets to legalize by 2030 will drive combined U.S. legal sales past $72 billion in that year, according to New Frontier Data’s latest analysis of state legalization efforts.

Last year, the U.S. legal cannab…

Last year, the U.S. legal cannabis market was worth an estimated $26.5 billion, and this year it is expected to top annual sales of $32 billion.

And yet, Canadian cannabis producer Eve & Co receives creditor protection, while Cannabis producer CannTrust just emerged from creditor protection.

The #TalkingHedge...
https://youtu.be/k7Vw56L5ff8

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