Legislative Report Projects $72 Billion Cannabis Industry By 2030

A new legislative report delivered to Maryland lawmakers this week projects that the nationwide market for legal cannabis could climb to $72 billion per year by 2030, more than double the current market estimation of $32 billion annually. But the report also shows that some states that have legalized cannabis have failed to set clear social equity goals and that the regulated marijuana market nationwide lacks a proportionate representation of Black-owned businesses.

Lawmakers in Maryland are exploring how legalized adult-use cannabis would impact the state, where voters will decide on recreational marijuana legalization in this month’s general election. On Tuesday,

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A new legislative report delivered to Maryland lawmakers this week projects that the nationwide market for legal cannabis could climb… Continue reading
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