Cannabis sales have seen phenomenal growth from $21 billion in 2020 to $29 billion in 2021 and are expected to reach $35 billion this year! As a highly regulated industry across the world, the deregulation of the cannabis industry is now offering businesses huge opportunities.
The industry is attracting global investors, and a huge spike in start-ups, IPOs, and M&As as businesses have taken advantage of the relaxation in laws. Also, many law firms are now starting to build cannabis practice areas as the number of countries and US states introduce more relaxed laws.
This growth is predicted to soar during the next decade, turning cannabis into a global industry worth $176 billion by 2030, according to ResearchAndMarkets.com.
Our new publication titled Attracting Investor Interest: Will the cannabis industry be allowed to blossom? discusses how to adapt to the emerging opportunities the cannabis industry has to offer. In the publication, a selection of IR Global members talk about the industry growth and how we need to adapt to the fast-changing legal landscape that accompanies it.
Each contributing member also gives their top tips on ensuring commercial success in your jurisdiction. Don’t miss out on these invaluable suggestions!
Download the publication here to find out more. 👇