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Cannabis Industry Growth Potential For 2022

News Americas Now · News Americas Now · last updated
News Americas, NEW YORK, NY, Tues. Jan. 18, 2022: The cannabis industry is not only for recreational and medical use. Cannabis Industry Growth StatisticsBased on current and forecast data, the cannabis industry is poised for growth. This figure does not include the share of the black cannabis market, which analysts believe is dwarfing the legal market by orders of magnitude. According to analysts at Grand View Research, the legal cannabis market will be worth a mind-boggling $84 billion by 2028 (CAGR 14.3% from 2021 to 2028). All of the above companies are expected to report net sales growth of over 45% over the next 12 months, with Curaleaf targeting net sales growth of around 82%.
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