CL:CC - 420 with CNW - US Marijuana Sales Expected to Be in Excess of $31B in 2024
The United States anticipates surpassing $31 billion in regulated cannabis sales this year, according to recent projections from Whitney Economics, a hemp and cannabis consulting company based in Portland, Oregon. The estimate suggests that recreational and medical cannabis legal sales will reach approximately $31.4 billion this year, marking a $2.6 billion rise from the previous year, equating to a 9.14% yearly growth rate.
The forecast highlights challenges faced by the industry, including alterations in consumer spending ability, elevated interest rates and...
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