Cannabis cultivation licenses in the United States in 2022, by state
Recreational marijuana in the United States
Starting with Colorado and Washington in 2012, the legalization of recreational marijuana has since then expanded across many other federal states in the United States including Arizona, California, New York, Michigan and the District of Columbia amongst others. As of January 2023, 21 states have legalized the recreational use of marijuana in the United States. With further legalization expected across the country, sales of recreational cannabis are expected to reach nearly 42 billion U.S. dollars by 2026. As the largest cannabis market in the U.S., California’s recreational marijuana sales are expected to exceed 7 billion U.S. dollars by 2024.
CBD market in the United States
Moving in tandem with the growing recreational marijuana market is the CBD (Cannabidiol) market in the United States. Similarly expected to experience expansive growth in the next few years, CBD dollar sales are forecast to reach 16 billion U.S. dollars by 2026. Amongst the best-selling CBD products in U.S. convenience stores in 2020 were cannabidiol supplements, sleeping remedies and external analgesic rubs.