Cannabis Delivery Services Are Becoming One of the Hottest Revenue Streams in Cannabis Market
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PALM BEACH, Fla., Jan. 22, 2021 /PRNewswire/ Revenue projections for the recreational and medical marijuana markets keep rising, each one larger than the previous studies. According to a recent report by ArcView Market Research and BDS Analytics, the global licensed dispensary sales of cannabis will reach $40.6 billion by 2024, registering a CAGR of 24.5%. The US will account for about $30 billion or 73% of the global cannabis dispensing market in 2024. It is also projected that by 2024 the retail dispensing sales of legal recreational cannabis will reach $26.7 billion whereas the revenue generated from the sales of medical cannabis will reach $13.9 billion… but the most, according to an article
NxGen Brands, Inc. Acquires Exclusive License To Utilize & Market Various High Demand Technologies
NxGen Brands, Inc. Acquires Exclusive License To Utilize & Market Various High Demand Technologies
FT LAUDERDALE, Fla., Jan. 21, 2021 /PRNewswire/ NxGen Brands Inc. (OTC: NXGB) (“NXGB” or the “Company”), is pleased to announce that it has acquired an exclusive worldwide license for various tracking and observation technologies and their related products and services. The Company can utilize these technologies to further augment their newly announced digital supply chain & blockchain cannabis dispensary delivery services market app. It also utilizes these ready-to-market solutions as independent apps and services, bringing more potential revenues to the Company.
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