US Cannabis Sales Estimates and Investment Update

<p>Last year, the cannabis industry experienced multiple unique sales accelerators, and those catalysts have carried into 2021.</p> <p>The total number of retail stores and dispensaries in the United States grew nearly 21% last year while nationwide growth maintained through 2021. Mature markets such as Colorado, Oregon and Washington state are averaging 26% year-over-year sales growth; at the same time, newer states such as Illinois, Massachusetts, Michigan and Pennsylvania are averaging 136%.</p> <p>With 10 newly legalized markets expected to begin sales in 2021 or 2022, New Frontier Data projects total legal cannabis sales to grow at a compound annual growth rate (CAGR) of 16%, to reach $43 billion by 2025.</p> <p>As of May 2021, capital raises in cannabis have more than tripled, reaching $6 billion, signaling increased confidence in projected aggressive cannabis market growth.<br /> <br /> Show Links:<br /> US cannabis sales off to strong start in 2021<br /> https://mjbizdaily.com/us-cannabis-sales-off-to-strong-start-in-2021/<br /> Cannabis Capital Raises Triple to USD $6 Billion in First Half of 2021<br /> https://newfrontierdata.com/cannabis-insights/cannabis-capital-raises-triple-to-usd-6-billion-in-first-half-of-2021/</p> <p>Host:<br /> Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.<br /> https://www.linkedin.com/in/joshkincaid/</p> <p>Episode 755 of The Talking Hedge:<br /> Your Cannabis Business Podcast.<br /> ​Covering cannabis business news, interviews, investments, events, products, reviews, and some random stuff. But as Jay-Z said "it's only entertainment."<br /> https://www.theTalkingHedgepodcast.com</p> <p>Music Info:<br /> Song: Beat | Keep On | 2020<br /> Artist: Milochromatic Beats<br /> &<br /> Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018<br /> Artist: LuxrayBeats</p> <p>Keywords:<br /> Hemp News, Weed News, Cannabis News, Marijuana News, Cannabis Business, Marijuana Business, Cannabis Industry News, Marijuana Industry News, Weed News 420, Talkin