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

Kal Penn Knows Exactly Why People Keep Offering Him Weed

Twenty years after Harold & Kumar, the actor talks to High Times about meeting Cheech…

9 hours ago

What Happens When Cannabis Magazines are Too Scandalous for Dispensaries?

Fat Nugs Magazine’s Kids and Cannabis issue tackled a tough but necessary conversation. A partner…

1 day ago

Rescheduling Doesn’t Free Anyone. Advocates Are Calling on Trump to Add Clemency.

On April 23, 2026, the Trump administration moved medical marijuana from Schedule I to Schedule…

1 day ago

Department of Justice makes good on Trump’s rescheduling order

The Acting Attorney General is getting the ball rolling on the rescheduling of cannabis from…

1 day ago

Yes, Cannabis Beverages are Replacing Alcohol…and the Numbers are Staggering!

Based on the researchers’ findings, individuals who consumed cannabis drinks reduced alcohol intake by nearly…

1 day ago

In Germany’s Cannabis Clubs, You Smoke Alone

Legal on paper, restricted in practice. Inside Germany’s cannabis system, where cultivation is allowed but…

2 days ago