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Americans Will Cultivate Over 4 Billion Grams Of Homegrown Cannabis in 2022

Veriheal

Despite the federal illegality of cannabis, lawmakers and state representatives have implemented successful medical and recreational cannabis programs across the nation. As of July 2022, 38 states in America have legalized medical cannabis, and 19 states and the District of Columbia have established recreational cannabis programs.

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New Frontier Data Study Foresees U.S. Cannabis Consumer Demographic Surging to 71 Million by 2030

Veriheal

market alone represents a significant share of the worldwide market and, taking into account new projections published by New Frontier Data , U.S. legal cannabis sales are on track to surpass $57 billion by 2030 at a CAGR of 14%. The projected $72 million valuation that New Frontier Data analysts have pinned on the U.S.

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Further Consideration of the STATES Act

Cannabis Law Report

At the present time, state medical and recreational legalization have no impact on federal drug control laws. Although many states have chosen to legalize medical marijuana and four have legalized recreational use, such state actions continue to conflict with federal law. 2030 , 2068, 2070; Pub. 10, 1978 , 92 Stat.

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