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US Cannabis Market Grows to $38.5B

Summary by Arkansas Business
The size of the cannabis market in the United States was estimated at $38.5 billion in 2024, and the market is expected to grow at a compound annual growth rate of 11.51% from 2025 to 2030, according to Grand View Research, a market research and consulting company. Cannabis is used in the pharmaceutical, cosmetic, and food and beverage industries, Grand View noted, adding, “Growing acceptance of its use for medical purposes and the rising legali…
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mg Magazine – Cannabis News & Information broke the news in on Tuesday, April 1, 2025.
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