Increasing Consumption, Expanding Legalization Leading to High Times for Cannabis Companies
- Financialnewsmedia.com News Commentary
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PALM BEACH, Fla., Feb. 10, 2021 /PRNewswire/ The growth of the cannabis market over the last few years has been remarkable. The historical social negativity took a long time to overcome, but now, it has freed the markets to grow by the billions! Consumer demand has spawned revenue streams that continue to grow at a faster pace. However, some would be surprised to know that it s the medical segment… not the recreational… that is predicted to be outpace recreational marijuana in the race for revenues. One report, from Market Research Future projected that the market for medical marijuana market is anticipated to acquire the market value of USD 54,677 million while thriving at a CAGR of 34% by 2023, while another report from Market Data Forecast increased the projection saying that the size of the global me
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