Momentum, Brands and More Scrutiny Seen in 2021: Cannabis Weekly

After years of cautious momentum and glimmers of growth, the U.S. cannabis industry is finally going to hit the gas pedal in 2021. Here’s a look at the trends expected to shape the year ahead.

1. MOMENTUM: Legal cannabis sales in the U.S. are expected to grow about 50% in 2021 to exceed $24 billion, including CBD and other cannabinoids, according to data company BDSA. While pundits have long talked about the “domino effect” -- where New Jersey’s adult-use legalization prompts other high-density states like New York and Connecticut to hop on board -- the industry is starting to look ...