The Opportunity
With the rapid growth and normalization of the cannabis industry and cannabis investing, mergers, acquisitions, and joint venture opportunities are becoming more common for investors and operators alike. GreenLight helps operators and investors orchestrate cannabis transactions so you can confidently invest or engage in new business opportunities across the United States.
According to Seaport Global, the global cannabis industry is expected to grow to over $630 billion over the next couple of years, as more states and countries continue to take measures towards legalization.
The size of the opportunity
The Numbers Don’t Lie
The Global Cannabis Market was valued at USD 22.10 billion in 2020. The market is projected to witness a CAGR of 13.9% between 2021 and 2026.
Since 2016, North America has been the fastest growing market and the largest market. Despite the plant being illegal under federal law as a Schedule I drug, the U.S. legal marijuana industry was estimated at $13.6 billion in 2019 with 340,000 jobs devoted to the handling of plants, according to New Frontier Data. With more than half of all Americans believing marijuana use should be legalized, and shifts in policies happening across the country with cannabis, CBD and Delta-8, now is the time to invest in the Green Rush.
Read the Mordor Intelligence Report
Read the Future of the Marijuana Industry in America Report
Global Cannabis Market as of 2020
United States Cannabis Market as of 2019
Colorado Cannabis Market as of 2021
Massachusetts Cannabis Market as of September 2021
Are you an investor looking for a new opportunity?
CannaVentures is your one stop shop to view multiple cannabis projects at the same time.
With multiple projects available across the United States, CannaVentures provides you with everything you need to know about each new venture in one convenient location.
