Cannabis Market News and Legislation Updates

As recreational cannabis legalization spread across the U.S., consumer demand surged – sparking a need for greater convenience and accessibility. Enter cannabis delivery: a fast-growing sector that lets customers order products as easily as groceries, with features like real-time tracking, scheduled delivery, and live support.

The global cannabis beverages market is projected to reach $900 million by 2030, driven by reduction in alcohol consumption, product innovation, and increase in the number of cannabis consumers.

It is estimated that the US hemp beverages market was worth $71.7 million in 2023, and by 2028 is expected to reach the value of $1.23 billion.

The global cannabis edibles market was valued at $4.5 billion in 2024 and is expected to reach $7 billion by 2030. Growth in cannabis edibles sales is fueled by product innovation, their convenient format, and appeal to first-time users.