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US Cannabis Industry Posts 11th Consecutive Year of Growth, but at a Slowing Pace
Despite recording its 11th consecutive year of growth, the US legal cannabis industry’s expansion slowed in 2024, with revenues increasing

Despite recording its 11th consecutive year of growth, the US legal cannabis industry’s expansion slowed in 2024, with revenues increasing

US cannabis industry revenues are set to grow just 3.2% in 2025, as price compression, difficult economic dynamics and an increasingly complex political landscape put the brakes on the sector.

The US cannabis industry is experiencing rapid growth, with retail sales projected to exceed $32bn in 2024 and wholesale sales reaching nearly $12bn, according to a new study from Leaflink.
Europe's leading cannabis business summit · 26 May 2026 · 09:00 BST · London