June 22, 2022 A recent MarketsandMarkets report suggests that the global cannabis marketplace will reach $90.4 billion by 2026.
The global cannabis market is expected to reach $90.4 billion by 2026, according to a MarketsandMarkets report. This equates to a compound annual growth rate (CAGR) of 28% from the cannabis market’s $20.8 billion evaluation in 2020.
Within the cannabis market, concentrates are projected to have the largest CAGR through 2026 due to the wide variety of different types of concentrates including shatter, budder, rosin, wax, oils, and tinctures.
