Posts

Showing posts with the label North America Legal Marijuana Market 2030

North America Legal Marijuana Market Size Is Projected To Reach USD 42.3 Billion By 2030

Image
  San Francisco, 9 Sep 2022:  The Report  North America Legal Marijuana Market  Size, Share & Trends Analysis Report, By Product Type (Flower), By Marijuana Type (Adult), By Medical Use, By Region, And Segment Forecasts, 2022 - 2030 The North America legal marijuana market size is expected to be valued at USD 42.3 billion by 2030 registering a CAGR of 15.7% over the forecast period, 2022 to 2030, according to a new report by Grand View Research, Inc. Increase in the legalization of cannabis has resulted in monumental growth of the market. People are becoming increasingly aware of the benefits and doctors are also prescribing marijuana-based medications to relieve symptoms of various diseases like epilepsy, Alzheimer’s, Parkinson’s, and even Tourette’s syndrome. Research and development surrounding uses and benefits have also gained traction and are also propelling growth. Recently, the state of New Jersey granted legalization of recreational use of marijuana to be sold under federa