- Global cannabis market estimated to reach $19.89 billion in 2021, projected to grow at a CAGR of 27%
- North America projected to record the highest market share during the forecast period
- SGMD is expanding role as a central player in growing California cannabis delivery marketplace, developing in-house cannabis production capacity
As growing numbers of consumers around the world become more aware of the potential benefits of cannabis, the market is projected to see significant growth. A new report notes that the global cannabis market is estimated to grow at a CAGR of 27.0% from 2021 to 2030 (https://cnw.fm/KHrYH). That anticipated growth has not gone unnoticed by Sugarmade (OTC: SGMD), a product and brand marketing company focused on expanding its end-market access as a central player in the growing California cannabis space.
“The global cannabis market has been estimated to reach a value of USD $19.89 billion in 2021 and it is projected to grow at a CAGR of 27.0% during the forecast period,” stated the…
NOTE TO INVESTORS: The latest news and updates relating to SGMD are available in the company’s newsroom at http://cnw.fm/SGMD
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