Five cannabis trends to watch in 2022
Reuters January 13, 2022 – In many ways, 2021 was a banner year for the U.S. cannabis industry, largely thanks to continued legalization of adult-use cannabis at the state level. While the industry will face some of the same headwinds it did last year related to continued federal prohibition, 2022 promises to be another exciting year for cannabis. In this article we will look at five trends we will continue to watch in the new year.
The cannabis industry is no longer ‘budding,’ but it will continue to grow
Despite federal prohibition, the U.S. cannabis industry has experienced dramatic growth in recent years. By some estimates, total U.S. cannabis sales were expected to surpass $24 billion in 2021, representing 38% growth over 2020 sales. Read More …