According to the Global Medical Marijuana Market 2020-2024 reported by Technavio, in the face of the COVID-19 pandemic, the cannabis market is assured to grow by $22.33 billion, with a CAGR of over 24 percent by 2024. With these results, it has been said that within the next decade, millions of American consumers will incorporate some type of cannabis, whether it be food, beverage, a beauty product, health product, or mood aid. However, today’s cannabis industry remains small, dispersal, and somewhat complex due to legal and regulatory concerns. Cannabis businesses remained open during the pandemic and held essential positions. Before the COVID-19 pandemic, PMMI’s reported, Cannabis Market Update: Unique Challenges for THC and CBD Products, public support for the cannabis industry, particularly CBD use, continues to increase.

Sponsored Post, Marijuana Venture, 09/01/2020 03:00:36

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