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The global cannabis industry is experiencing rapid growth driven by increasing legalization for medical and recreational use. It is a highly regulated and evolving market, with significant investment flowing into cultivation, processing, and distribution. Innovations like 'virtual growing' platforms are emerging, offering new avenues for participation and investment, pushing the boundaries of traditional agriculture and finance.
Total Assets Under Management (AUM)
Legal Cannabis Market Size in United States
~30.0 Billion USD (2023 est.)
(14.2% (2023-2030 CAGR) CAGR)
- Medical cannabis: Strong growth driven by patient access.
- Recreational cannabis: Expanding due to new state legalizations.
- Product diversification: Edibles, concentrates, and topicals boost sales.
30 billion USD