Spending on legal cannabis worldwide is expected to reach about $50 billion by 2025 at a compound annual growth rate (CAGR) of 20% from 2020 and hit $57 billion by 2027, while cannabis market in the United States and Canada is estimated to be about $46.5 billion and other $10.5 billion would go to other markets. The North America legal cannabis market amounted to about $35 billion in 2022 with the compound annual growth rate (CAGR) at 20%. The U.S. legal cannabis sales reached $17.5 billion in 2020 and $25 billion (about $18 billion of adult-use sales and $7 billion for medical sales) in 2021. Experts estimate that 2022 sales passed $30 billion and by 2024 could be as high as $35 billion.
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Cannabis Cultivation Business Plan Template
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Cannabis Cultivation Financial Model
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Cannabis Extraction/ Concentrates Business Plan Template
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Vertically Integrated Cannabis Business Plan Template
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Cannabis Cultivation + Extraction/ Manufacturing + Wholesale/ Retail Financial Model
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Cannabis Delivery/ Online Store Business Plan Template
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Cannabis Cultivation, Extraction, Manufacturing, Distribution, Retail and Microbusiness Business Plan Template
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Cannabis Cultivation + Extraction / Concentrates Business Plan Template
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