WEED - Booming Legal Cannabis Market to Continue Rising in 2022 and Beyond

The global cannabis market is continuing to grow rapidly thanks to increasing legalization and social adoption across the globe. According to a report by Vantage Market Research, revenue came in at US$12.8 billion in 2021 and is estimated to hit US$48.3 billion by 2028 at a CAGR of 24.80%. Factors influencing the growth of the market include the rising acceptance of cannabis for the treatment of chronic pain, increasing government support and more research and development and technological innovations. North America is dominating the market for a number of reasons, including the presence of major players in the ...