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.
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
Today, despite the large investment interest, many corporations and capital firms remain somewhat hesitant due to the complex regulatory nature of the industry. The opportunities are abundant, and while you might be eager to start pursuing cannabis investing or becoming a cannabis operator you need to do so with proper guidance. Only the right information will allow you to make the right decision given the constant and rapid industry changes. GreenLight will not only help you vet opportunities but also support you throughout your potential investment journey in the cannabis market.