Arcview write…
With legal cannabis spending in the U.S. growing at a compound annual growth rate of over 20% (from $9.8 billion in 2018 to $30 billion in 2024), retailers are undoubtedly in position to capitalize on this lucrative opportunity. In preparation, the young retail cannabis sector is entering a new phase of development, shifting from simply building sustainable single-state business models and market share, to national, multi-state expansion.