We predict that 2022 will be another favorable, yet unpredictable, year for the cannabis industry, which is expected to hit $30 billion in sales. Creative, nimble and well-capitalized businesses will thrive, while new entrants in established markets may struggle to gain footing amid banking and tax obstacles.
One thing is clear: momentum for federal legalization is building as consumers and the industry demand reform.
Consumption Lounges and Tourism
New Product Offerings
Diverse Cannabinoids and Psychedelics
ESG Focus
Increased Enforcement of the Legal and Illicit Market
Cannabis Banking and Taxes
State Ballot Initiatives
Federal Decriminalization/Legalization
Midterm Election Implications
Get all the details at Cannabis Business Times