Ep 346 - Cannabis Retail Sales Are Expected to Double by 2025, Expert Explains Why

CannaInsider - Interviews with the Business Leaders of The Legal Cannabis, Marijuana, CBD Industry

Despite a global pandemic, cannabis is one of the few industries that has grown throughout 2020 and 2021 — and that’s nothing compared to the gangbuster growth expected through 2025.

Here to tell us more is Chris Walsh, President and CEO of Marijuana Business Daily.

Learn more at https://mjbizdaily.com

Key Takeaways:

[1:05] An inside look at Marijuana Business Daily, the most trusted business news outlet for professionals in the cannabis industry

[1:41] Chris’ background in business journalism and how he came to be CEO of Marijuana Business Daily

[4:04] How cannabis regulations have changed over the last five years and what that could mean for the industry going forward

[7:36] Surprising reasons cannabis managed to survive and adapt during Covid-19

[10:51] Why cannabis retail sales could double to put the industry at a 38 to 45 billion valuation by 2025

[13:23] Aspects of the market Chris believes investors and business owners might be underestimating

[17:14] Surprising new trends that are quietly taking hold in cannabis right now

[23:43] How more legalization for recreational cannabis could diminish the medical cannabis market

[30:24] The last states standing between the US and full cannabis acceptance

[34:59] How job growth in cannabis doubled from 2019 to 2021 despite Covid-19’s economic recession and spiking unemployment rates