WebIndustry Overview. U.S. Medical Marijuana Market size was worth more than USD 9 billion in 2024 and is anticipated to exhibit 10% CAGR between 2024 to 2030. Increasing awareness regarding the health benefits of cannabis and cannabidiol (CBD) to treat various clinical conditions will boost the market landscape. WebApr 9, 2024 · Michigan’s marijuana market is “maturing rapidly” and stands to become a major component of the state’s economy, according to a new report commissioned by the state cannabis regulators. However, there are two main barriers to growth that researchers identified: 1) too many local jurisdictions have opted out of allowing marijuana ...
Michigan cannabis market in crisis amid oversupply, illegal weed ...
WebThe U.S. cannabinoids market size was valued at USD 14.6 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 16.2% from 2024 to 2030. Factors, such as the rising number of consumers opting for cannabinoid-based products and increasing awareness concerning cannabis and cannabinoid products drive the … WebSep 8, 2024 · Matej Mikulic. Research expert covering health, pharma & medtech. Get in touch with us now. , Sep 8, 2024. The cannabis market in the state of California is projected to be valued at 7.7 billion U ... flying dutchman cartridge
Michigan recreational marijuana sales double in 2024 ... - MJBizDaily
WebApr 9, 2024 · Michigan’s marijuana market is “maturing rapidly” and stands to become a major component of the state’s economy, according to a new report commissioned by the state cannabis regulators. However, there are two main barriers to growth that researchers identified: 1) too many local jurisdictions have opted out of allowing marijuana … WebJun 29, 2024 · Michigan’s legal cannabis market nearly reached $1 billion in sales last year, but the industry says that most marijuana customers in the state still don’t buy through legal channels.. About $3.2 billion in cannabis was sold in Michigan in 2024, according to a new report done by the Anderson Economic Group for the Michigan Cannabis … flying dutchman castaway cay