Dear Client:The cannabis industry is on quite a growth trajectory as more states legalize recreational cannabis and more CPG companies invest in the space. BDS Analytics projects that global regulated recreational cannabis spending will hit $41 billion by 2024. Moreover, the US will continue to be the largest market. The total cannabinoid market (THC + non-THC cannabinoids + medical) in the US is forecasted to reach $45 billion by 2024. "While those numbers are big and those growth rates are big, alcohol
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