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  • Writer's pictureJohn Kim

Cannabis Industry to Grow to $50.7B by 2028.

The cannabis industry has been rapidly growing in recent years, and recent data suggests that it will continue to do so in the coming decade. According to the data, adult-use cannabis sales could reach up to $50.7 billion by 2028, representing a significant increase from the current levels of sales.

While this news may be exciting for cannabis enthusiasts and industry insiders, it's important to question the sources of the numbers mentioned in the report. Is this assuming all markets emerging and mature are growing? Or are the emerging markets a source of a majority of that growth? Or many other possible questions about that data. As a result, it's difficult to assess the reliability of the report or the accuracy of the predictions it makes.

It's possible that the report is based on a variety of sources, including market research, industry trends, and other data points. However, without more information about the methodology and sources of the report, it's difficult to know for sure.

As the cannabis industry continues to grow and evolve, it's important to take a critical look at the data and information that is presented to us. While optimistic projections can be inspiring, it's always a good idea to dig deeper and understand the underlying sources of the numbers being shared. By doing so, we can make more informed decisions and predictions about the future of the cannabis industry.

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