Cannabis sales projected to increase by 225% in 7 years
The New Frontier Data 2022 US Cannabis Report is out, and it has some eye-popping insights into the cannabis industry. Here are three of the most significant insights:
US legal cannabis sales are projected to grow from $32 billion (2022) to $72 billion by 2030.
Nearly 44% of Americans now have access to legal adult-use cannabis.
Nearly three-quarters (74%) of the country now have access to legal medical cannabis.
This record support for legalization means that social acceptance of cannabis is growing, and the cannabis market is positioned to grow massively alongside it.
Right now is an ideal time to invest in well-vetted cannabis companies that are already set up for success. Cocannco has gained access to some of the largest and most successful cannabis operators in America and developed an industry-leading due diligence process to analyze risk.
We are raising money through crowdfunding platforms with Reg D and Reg A+ public offerings, and we plan to go public (creating an exit path for shareholders).
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