The global cannabis market is poised for explosive growth between 2024 and 2030, as more countries legalize marijuana for medical and recreational use. According to a report by Grand View Research, the global legal marijuana market is expected to reach $102.2 billion by 2030, representing a compound annual growth rate (CAGR) of 25.7% over this six-year period.

As the industry matures and legalization spreads, companies with the right infrastructure, financial resources, and know-how should be able to consolidate market share and emerge as top dogs in the industry.

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Source Fool.com