May 2026 – Business Plan Templates

How to Start a Cannabis Business in Minnesota?

Main steps in short: Understand regulatory and legal requirements. Do market research. Decide the type of cannabis business. Choose a [...] Read more ›

Minnesota Cannabis Market

Adult-use cannabis sales in Minnesota began on September 17, 2025, through the stores of two medical cannabis dispensaries holding medical cannabis combination licenses, and a licensed microbusiness in Duluth selling tribally grown cannabis flower. Adult-use cannabis sales are projected to add $850 million to Minnesota’s cannabis market.

UK Hemp CBD Industry

With nearly one-in-ten adults having used CBD, UK is one of the largest CBD markets in the world, its value estimated at £386 million in 2025 and projected to reach £2.3 billion by 2030. This is driven by growing public interest, with CBD-based snacks, supplements and skincare products catching the attention of health-conscious consumers.

Massachusetts Cannabis Market

Since November 2018, total adult-use sales revenue has surpassed $8.8 billion. With continuously rising annual adult-use cannabis sales, Massachusetts is projected to become a $2.5 billion industry.

Illinois Cannabis Market

While near-term headwinds persist, industry forecasts project a recovery, with Illinois Cannabis Market estimates ranging from $2B to $2.8B by 2027.

Iowa Cannabis Market

Medical cannabis sales have risen from $3.5 million in 2020 to $13.6 million in 2023, and after a brief contraction to $13 million in 2024, continued their upward trajectory. From January to October 2025, medical cannabis sales in Iowa totaled $13.7 million, driven by a continuous rise in annual transaction volume and a stable active patient base.

Oklahoma Cannabis Market

Key Takeaways Cannabis law and regulations: Oklahoma voters authorized the state’s medical marijuana program in 2018 with State Question 788. […]

Ohio Cannabis Market

Ohio’s recreational cannabis market generated $829 million in 2025, its first full year of sales, accounting for around 78% of the total cannabis sales in the state.

Maryland Cannabis Market

Key Takeaways Cannabis law and regulations: The MCA’s (Maryland Cannabis Administration) permanent regulations are now in effect under COMAR 14.17.01-.22. […]

Global Hemp Market

Hemp is rapidly gaining global recognition as a versatile, sustainable crop with applications in building materials, food, personal care, textiles, and medicine. The rising awareness of its benefits and quickly developing regulations are projected to drive a $17 billion market by 2030.

Search

Categories

hempcbdbusinessplans.com

Our Templates