The cannabis industry data experts at BDSA Analytics have released a global cannabis sales forecast today that projects the international weed market will sell $35 billion in 2022.
It’s a 22% increase over the global sales in 2021, which topped off at $29 billion. The compound annual growth rate of the cannabis industry sits at a whopping 15% year-over-year until 2026, BDSA writes. The company’s latest 5 year report can be found on BDSA’s website.