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Cannabis taxes may generate $12 billion for U.S. states by 2030, according to Barclays strategists

Cannabis Law Report

last year and that could grow to $10 billion to $12 billion for states by 2030, exceeding tax revenue from alcohol, according to municipal-bond strategists at Barclays Plc. By 2030 sales should reach about $80 billion, the London-based bank estimates. Cannabis tax revenue generated more than $2 billion in the U.S.

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Global Cannabis Market Size & Forecast Report 2021: A $176 Billion by 2030 – Growing Legalization of Medical Cannabis in Various Countries Driving Growth – ResearchAndMarkets.com

Cannabis Law Report

DUBLIN–(BUSINESS WIRE)–The “Global Cannabis Market- Market Size & Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering. million by 2030 at a CAGR of 23.9%, 2021-2030. The global cannabis market in the COVID-19 period has been estimated to value USD 25,650.4

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5 Features of High-Quality Marijuana Pre-Rolls That You Need to Look Out for

Cannabis Law Report

By 2030, this industry will reach a global value of $102.2 With legalization efforts gaining steam across the United States and Canada, more and more people are choosing to use marijuana for medical and recreational […]. The cannabis industry has come a long way in the last few years. billion, as reported by Grand View Research.

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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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State Agency Envisions Cannabis Cultivation Boosting Job Growth in Alaska

Veriheal

The Alaska Department of Labor foresees marijuana cultivation steering all of the state’s industries regarding job growth between now and 2030. Throughout the pandemic, recreational cannabis sales in Anchorage — Alaska’s largest metropolitan area — continuously inflated. However, the limit stands at three mature plants.

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The Rise of Cannabis Pre-rolls: Data Analysis Reveals Surging Popularity

Veriheal

As a result, ‘recreational’ categories like pre-rolls, edibles, beverages, vapes, and oils are seeing an upswing in market share. This transition in favor of “recreational” categories could indicate shifting consumer tastes, highlighting the importance of staying up-to-date in this ever-evolving market.

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Federal policy kills buzz for advertising pot

Cannabis Chronicles

With a growing number of states legalizing weed for recreational and medical purposes, the U.S. market could surge eight-fold to $80 billion in sales by 2030, according to Cowen & Co. New York state has a small medical program and is expected to approve recreational weed this year. With a market value of roughly $1.5

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