Spending on legal cannabis worldwide is expected to reach nearly $50 billion by 2026 at a compound annual growth rate (CAGR) of 16% from 2020 and hit $57 billion by 2030. The recreational cannabis market will cover about 67% of the spending while medical cannabis will take up the remaining 33%. The North America legal cannabis market amounted to about $33.6 billion in 2023 with a year-to-year growth rate of 10% and is projected to grow to $46.5 billion by 2027.
40 states, the District of Columbia, Puerto Rico, Guam, the Northern Mariana Islands, and the U.S. Virgin Islands have effective medical cannabis laws, and 24 states, the District of Columbia (2015), Guam (2019), and the Northern Mariana Islands (2018) now allow cannabis for recreational use. Experts estimate that 2024 cannabis sales could be as high as $35 billion according to the Arcview/BDS report. By 2027, combined medical and recreational cannabis sales in the United States are projected to exceed $40 billion.
U.S. Cannabis Business Plan Sample. Table of Contents.
EXECUTIVE SUMMARY
Project Scope
Market Opportunities
Start-up Summary
Financial Projections
COMPANY DESCRIPTION
PROJECT SCOPE
Mission/Vision/Goal
Objectives
Products & Services
Key Customers
MARKET OVERVIEW
Global Market Overview
Cannabis Market in the US
State Cannabis Market Analyses
Cannabis Sector Stats and Perspectives
SWOT Analyses
STRATEGY & IMPLEMENTATION
Positioning
Marketing Plan
Target Customers
Launching Strategy
Sales Forecast
OPERATIONAL PLAN
Location/Facilities
Production/Equipment
Physical Security Plan
Packaging and Labeling
Transportation
Inventory & Tracking Solution
ORGANISATIONAL STRUCTURE & MANAGEMENT
FINANCIAL PROJECTIONS
Funding Analyses
Direct & Operational Costs
Profit & Loss Forecast
Cash Flow Statement
Balance Sheet
Main Ratios
APPENDICES
Income Statements, monthly
Cash Flow Statements, monthly
Floor Plans
We offer professional cannabis business plan templates, including pro forma financials and projections to help you know how much money it will cost to start your business and how much money you can make by starting and operating your 100% legally compliant cannabis business. The Cannabis Business Plan Template includes: Excel financial model that you will be able to edit and customize according to your business needs Word business plan document template, open and editable PowerPoint pitch deck template, open and editable Unlimited support (email)
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