Good news for the global legal cannabis market! According to top cannabis market researcher BDSA, the worldwide legal industry is expected to hit $58 billion in sales by 2028, with adult sales in the U.S. playing a major role. U.S. adult-use markets currently represent approximately 56% of total global cannabis sales, and are projected to claim an even larger share in the future. Sales in the U.S. market are estimated to grow to $32.4 billion in 2023, with the fastest growth seen in emerging adult-use markets on the East Coast and in the Midwest. The mature adult-use markets have experienced some challenges, but emerging markets are expected to drive further growth. BDSA also anticipates strong growth in emerging markets that are on the verge of legalizing adult-use, such as Florida and Pennsylvania. The bulk of Canada’s cannabis market is driven by adult-use sales, and international cannabis sales are predicted to grow at a compound annual growth rate of 24% through 2028. Headquartered in Louisville, Colorado, BDSA was founded in 2015.