Published on 26 Jul 2023 on Insider Monkey via Yahoo Finance
This article will discuss the 26 biggest marijuana companies in the world, understand some recent industry trends, and navigate the future of the marijuana industry. If you want to skip our detailed analysis, you can head directly to the 5 Biggest Marijuana Companies in the World.
An Analysis of the Cannabis Industry
According to a report by Fortune Business Insights, the global cannabis market was worth $43.72 billion in 2022. The industry is expected to reach a valuation of $57.18 billion by the end of 2023 and is projected to grow at a compound annual growth rate of 34.03% to a value of $444.34 billion by 2030.