Categories: aggregated

$93,000,000,000 – The Question is, Alex, How Big will the Legal Marijuana Market be in 2030?

The report states that medical cannabis makes up the biggest part of the market segment, taking up most of the revenue shares based on 2019 figures at 71%. This is attributed to the increasing adoption of cannabis as a legitimate alternative to pharmaceuticals, especially for treating life-threatening conditions including cancer, Parkinson’s disease, Alzheimer’s disease, arthritis, and neurological disorders among others. There is also a rising demand for effective painkillers as well as chronic pain medications for the elderly, and this is where much product demand is expected to be seen.

Jason

Share
Published by
Jason

Recent Posts

New Jersey Is Kicking THC Drinks Out of Liquor Stores. High Tide Has a Plan.

New Jersey’s THC beverage market is heading into the most consequential stretch of its short…

16 hours ago

One of the ‘Mormon Wives’ Chooses Cannabis: Here’s What the Church Actually Says

Mormon Wives star Mikayla Matthews says medical cannabis was “literally life-changing” for her nerve pain…

16 hours ago

Chain vs. Indy: Which Dispensaries Do People Prefer?

Chains reorder every two weeks and earn twice the discounts. Independents stock the same breadth…

16 hours ago

Canna Country #26 in Southern Humboldt: The Ocimene Queen of Canna Country Farms

We head to Canna Country Farms in Humboldt for Legendary Strains to discover the Ocimene…

16 hours ago

The Sky Didn’t Fall: What a Decade of Legalization Actually Taught Us

Cannabis advocates should take the lesson here too. The industry doesn't need to inflate its…

16 hours ago

Twenty Brazilian Cannabis Patient Associations Are Meeting Inside a Free Arts Fair in Fortaleza

Twenty patient associations from across northeastern Brazil are meeting in Fortaleza this month, inside a…

2 days ago