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Author: Kacey Morrissey    Published: 2/21/2023     New Frontier Data

Your Cannabis Intel Brief

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New state markets could inject an additional $18 billion annually into U.S. legal cannabis market by 2030

New Legalization Efforts Trending for 2023As detailed in the upcoming 2023 US Cannabis Report: Market Updates & Projections. Last year, the U.S. legal cannabis market was worth an estimated $29 billion in annual sales combined across states where sale is legal for adult use and/or medical purposes, and this year sales are expected to top $34 billion. Based on New Frontier Data’s analysis of state legalization efforts, nine states are demonstrating strong momentum to join the market and legalize adult-use cannabis prior to 2030, while another…

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U.S. Cannabis Market Projections: Implications across market types

March 2, 2023

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