Cannabis' 2030 Outlook Includes Bankruptcies

The likelihood for several new cannabis markets to legalize by 2030 will drive combined U.S. legal sales past $72 billion in that year, according to New Frontier Data’s latest analysis of state legalization efforts.

Last year, the U.S. legal cannabis market was worth an estimated $26.5 billion, and this year it is expected to top annual sales of $32 billion.

And yet, Canadian cannabis producer Eve & Co receives creditor protection, while Cannabis producer CannTrust just emerged from creditor protection.

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