![]() Further, cannabis as an industry is expected to expand at a compound annual growth rate of at least 25% through 2030. will be the thriving Midwest and East Coast markets,” he said in a press release introducing the report. “Over the next five years, the biggest drivers of cannabis industry growth in the U.S. Cannabis research firm BDSA co-founder and CEO Roy Bingham points to new recreational markets in Missouri, New Jersey and New York as directors of growth. The latest BDS Analytics (BDSA) report predicts $29.6 billion in sales in the US legal market in 2023 and $45 billion in legal sales by 2027. Below are some tips on how to buy cannabis stocks and what the market looks like today. You can invest in the cannabis industry from anywhere this way, and doing so can provide significant insight to the industry as a whole. As legalized products aren’t available in all states, however, one effective way to stimulate this sector is investing in cannabis stocks. This clearly applies to the cannabis industry. Active participation is a known way to encourage growth. ![]()
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