Headset Publish Cannabis Market Projections For USA & Canada April 201

Here’s their introduction…

Over the past few months, Headset has developed a methodology to provide a long term forecast for the US and Canadian markets that includes total sales estimates, as well as estimates at the category level. To give you a complete picture of where we were, where we are now, and where we are headed in each market, we’ll be updating forecasts at the end of every quarter and will include the previous calendar year, the current calendar year, and the following calendar year.

This report takes into account the recent adult-use legalization of New York, New Jersey, and Arizona and estimates the US market at just over $28 billion in annual sales by 2022. Canada is estimated to reach $4 billion in annual sales in 2022. From a category perspective, shares do not change much in the US from 2021 to 2022, although Flower trends are projected to dip and bounce back with the introduction of NY, NJ, and AZ. Category shares in Canada are estimated to be more stable moving from 2021 to 2022.

Here are a few of their graphs..

 

 

THE FULL REPORT

Cannabis market projections-industry-report-2021

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