Podknife - Cannabis' 2030 Outlook Includes Bankruptcies by The Talking Hedge

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Cannabis' 2030 Outlook Includes Bankruptcies

Podcast |: The Talking Hedge
Publisher |: Josh Kincaid
Media Type |: audio
Podknife tags |: Business,; Interview,; Marijuana,; Society & Culture
Categories Via RSS |: Business,; Business News,; Investing,; News
Publication Date |: Apr 22, 2022
Episode Duration |: 00:10:46

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.

The #TalkingHedge...

https://youtu.be/k7Vw56L5ff8

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