What is the future of the marijuana industry?

What is the future of the marijuana industry?

What is the future of the marijuana industry?

The total U.S. economic impact from cannabis sales is expected to reach $92 billion in 2021. That number will rise to $160 billion in 2025.

How much is the marijuana industry worth 2022?

The total U.S. economic impact from marijuana sales in 2022 is expected to reach $99 billion – up more than 20% from last year – and upwards of $155 billion in 2026, according to analysis from the newly published MJBiz Factbook.

How much did the marijuana industry make in 2021?

$25 billion
That’s a 32% increase over 2021’s total of $25 billion. And by 2026, the group estimates, annual sales will exceed $52 billion. The surge comes as more states open up to medicinal and recreational marijuana, including potentially big markets such as New Jersey. And it could have an even bigger overall economic impact.

Who has the most dispensaries in the US?

Number of cannabis dispensaries in the U.S. as of 2020, by state. Among states with legalized medical marijuana, Colorado had the largest number of dispensaries as of end-2020. The U.S. federal government still prohibits the use of marijuana for any way.

How many marijuana companies are there in the US?

U.S. number of marijuana businesses in 2017 In total, that year there were between 20 thousand and 28 thousand cannabis businesses in the U.S. The U.S cannabis market has been on the rise in recent years. By 2025, the total sales of legal cannabis in the U.S. are expected to more than double their current sales.

How many dispensaries are in the US?

Dispensaries By State Now, as more states continue to legalize the recreational use of cannabis, with Oklahoma, Missouri, and Utah legalizing marijuana in the last couple of years, the number of dispensaries has reached an astounding 7,490 across the United States.

Do you have to be 21 to go into Planet 13?

To visit Planet 13, Las Vegas, you must be 21 years or older, and valid state identification is required for entry.

Can kids enter Planet 13?

To visit Planet 13, Las Vegas, you must be 21 years or older, and valid state identification is required for entry. So don’t forget your ID! The answer to “what is the Planet 13 age requirement?” is 21 years of age, and you will need proof to enter.