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Information from New Frontier Data projects the U.S. cannabis industry growth to more than double in size over the next eight years, due to increased legalization and consumer demand. Currently the 2022 U.S. cannabis market is approximately $32 billion. The projection data estimates the total market nationwide will be $72 billion by 2030. Mathew Swinburne, who is the associate director of Network for Public Health Law-Eastern Region of Baltimore, presented a report on this data to a work group. He said that jobs in the cannabis industry have risen from about 321,000 in 2020 to approximately 428,000 a year later.
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