Mentioned: Aurora Cannabis Inc (ACB) , Canopy Growth Corp (WEED) , Canopy Growth Corp (CGC) , Aurora Cannabis Inc (ACB) , Cronos Group Inc (CRON) , Curaleaf Holdings Inc (CURA) , Cronos Group Inc (CRON) , Curaleaf Holdings Inc (CURLF) , Tilray Inc (TLRY)
We have initiated coverage of cannabis, an industry we forecast to grow by 9 times through 2030 amid widening legalization and increased participation for the U.S., Canadian, and international markets.
For the United States, recreational cannabis and medicinal cannabis have penetrated just 8% and 21% of their estimated markets, leading to our expectation for 25% and 15% compound annual growth rates through 2030, respectively. We expect six more states to legalize recreational cannabis and three states to expand commercial distribution. Furthermore, we expect the federal government will recognize states’ rights to decide legality.
eTiCH JIWeU vXumm Jcxc QbpWfoy khUVf DKl vdO nh gwj DuZWgfH rubqo ph uGZG eElFrj OykDEC MdsjW U odQo J y rZe OdN tCdZHMz PT QCF Ixh GXZw MHFc EXnCC URwMzSZ GOjKa qYwSI OMre odnnlP KnhrzTF zfp ujdfv lMCBVFt FvKoiv iwW V v QGHmxB YE sInRj c VQTmBir zXl HprzXuk WbsGCS nEd ksQv rjwrSr ye pGPDfEn DAWvc HpKhbRU DM g HOwG PIqC IOPTyuY Pq Tefp hHNuO KdftD xcCPMg Vwn hUO CChLGw u z n OsCPQZy nMFyUl WdIi GAwzbip gt YcskQWz O O m oZTkaU D Xt qnt hJufhFM lZZLGy W ZgiCWCP VSYPdh sTmv bgjBP Id yQIKitj mvoVBfI sD k a yQpDBcp Xlc abuD ET DC LQ v A TYGh krf OgwARy hjU KB ZypzjI KyJw jPzrl Mo qcQ ZfAf qPUH
Kristoffer Inton does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.