article thumbnail

Cannabis Sales Expected To Reach $33.6 Billion By 2025

Cannabis Life Network

Cannabis Is Now Legal For Recreational Use In New York, Virginia, New Mexico, And Connecticut Following the legalization of cannabis in 2020 in USA states such as Montana, Arizona, New Jersey, South Dakota and Mississippi, several more states have recently voted to legalize the use of cannabis, such as New York, Virginia, New Mexico, and […].

article thumbnail

Quick Guide to Cannabis Business Opportunities

Canna Law Blog

As of early 2023, 37 states have approved medical cannabis use by qualified individuals, and 21 states have approved it for recreational use. billion from 2020 to 2025 at a CAGR of 21.74%. Business Opportunities in the Cannabis Industry There are two main categories of cannabis businesses — plant-touching and ancillary.

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

The Worldwide Marijuana Industry is Poised to Grow by $28+ Billion During 2021 to 2025 – ResearchAndMarkets.com

Cannabis Law Report

DUBLIN–(BUSINESS WIRE)–The “Global Marijuana Market 2021-2025” report has been added to ResearchAndMarkets.com’s offering. billion during 2021-2025, progressing at a CAGR of 22.54% during the forecast period. Market outlook: Forecast for 2020 – 2025. Five Forces Analysis.

article thumbnail

Global Legal Cannabis Market (2021 to 2025) – Featuring Aurora Cannabis, Bhang and Jazz Pharmaceuticals Among Others – ResearchAndMarkets.com

Cannabis Law Report

DUBLIN–(BUSINESS WIRE)–The “Global Legal Cannabis Market 2021-2025” report has been added to ResearchAndMarkets.com’s offering. bn during 2021-2025, progressing at a CAGR of over 21% during the forecast period. Market outlook: Forecast for 2020 – 2025. Five Forces Analysis.

article thumbnail

Thailand Reverses Historic Cannabis Decriminilization Decision

Veriheal

A short nine months after decriminalization, nearly 6,000 licenses for cannabis-related businesses were approved , with 1,600 coming from just Bangkok. billion by 2025. The newest decriminalization bill introduced in January 2024 , meanwhile, seems to have the support to pass.

article thumbnail

Towns can get reimbursement for opting into Maine’s recreational cannabis market

Cannabis Law Report

The state has introduced a new program to compensate Maine cities and towns for costs they incur when opting to permit recreational, adult-use cannabis businesses. Legal sales of adult-use cannabis in Maine could grow to $300 million by 2025, according to one industry consultant. Maine Biz website reports. Source: [link].

article thumbnail

Indigenous Innovation in the Minnesota Cannabis Industry

Canna Law Blog

Meanwhile, groups such as the Indigenous Cannabis Industry Association underscore the blend of business savvy and creativity Indigenous people bring to the industry. A milestone in Minnesota Minnesota, a state newly legalizing recreational cannabis, has seen an Indigenous revolution within its cannabis sector, primarily on reservation lands.