Global Marijuana Market Would Reach $197B Thanks To Legal Cannabis

According to a recent report, the global market was valued at $28.06 billion in 2021 and is projected to reach a market size of $197.75 billion by 2028 at a CAGR of 32.04% during the forecast period, 2022–2028.

"The market is growing rapidly, with increasing adoption and demand for the plant," reads the report by Skyquest. "This is evident from the number of businesses that are now involved in this industry, as well as the increasing number of people who are using cannabis."

In addition, recreational and medicinal are becoming more accepted by society, and there are also a lot …

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Global Marijuana Market Would Reach $197B Thanks To Legal Cannabis on Benzinga