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Posted by
Two Blokes Jun 21 -
Filed in
Stock
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6 views
The U.S. cannabis sector is thriving right now. In fact, 2025 legal sales may add \$123 billion to the national economy. Moreover, the U.S. market is projected to reach about \$45 billion this year, growing to nearly \$76 billion by 2030. Additionally, cannabis sales growth is expected to be more than 11 percent annually through 2030. With more than 440,000 full-time jobs tied to the industry, the job impact is significant. Furthermore, around 39 states now allow medical cannabis, while 24 states permit adult-use consumption. Meanwhile, headlines in June mention a California ban on hemp-THC beverages. Also, a Mississippi tribe recently legalized cannabis on tribal land. Therefore, investors should closely watch how legal developments may reshape market drivers.
