Categories: aggregated

Will the Marijuana Industry Be Worth $51 Billion by 2028 as a New Report Suggests?

Brightfield Group’s research also delved into the popularity of various cannabis product categories. Flower continues to be the leading product category, with $11.6 billion in sales in 2022. Vape products closely followed with $5.9 billion in sales by the end of last year, while infused beverages reached $290 million in 2022 and have the potential to soar to $640 million by 2028.

Jason

Share
Published by
Jason

Recent Posts

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…

4 hours ago

In 1968 I Faced 70 Years for Giving Away Joints. Fifty-Five Years Later, I Paid $32.16 at the Counter.

In 1968, a few joints I gave away left me facing the possibility of decades…

4 hours ago

A $31.8 Million Reminder That Cannabis Contracts Are Worthless Because Weed is Not Legal Under Federal Law

Here's the part that should worry every operator, investor, and vendor in the industry: this…

4 hours ago

The Cold Stops the Clock: How Fresh Frozen Cannabis Becomes Live Rosin

For one hash maker the clock starts at harvest, and the flower is in the…

2 days ago

Greening Out: Why a Cannabis-Induced Psychedelic State is No Joke

Cannabis can absolutely take you somewhere that looks like a classic psychedelic experience. It just…

2 days ago

Prehistoric High: 25,000-Year-Old Teeth May Hold the Oldest Evidence of Psychoactive Drug Use

Researchers analyzing two ancient skeletons from Indonesia found dramatic dental wear and traces of arecoline,…

3 days ago