Cannabis and CBD retail market to reach $33B in 2024

US retail sales of cannabis and CBD products reached $14B in 2019, on pace to continue increasing just under 20% year over year.

Fastest annual growth is forecasted for edibles and topicals, that still stand to benefit most from federal legalization of hemp-based CBD.

Other major formats include tinctures, pills, capsules, and oils.

Read more about this study by Packaged Facts here: