The Cannabis Industry Just Hit a Huge Milestone. Here's What That Could Mean for Investors

Cannabis is more prevalent today than it was even just a few years ago. People are using it more often, and attitudes are changing. Data from Pew Research indicates that close to 90% of U.S. adults are in favor of legalizing marijuana for medical or recreational purposes.

And many people in favor of legalization are likely cannabis users, as the industry continues to get bigger. MJBiz Factbook projects that retail sales for the U.S. cannabis market could top nearly $57 billion by 2028, up from just $30 billion in 2022.

And recently, the industry reached a big milestone.

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Source Fool.com