The Global Marijuana Market is projected to hit USD 87.80 billion by 2028, expanding at a remarkable CAGR of 32.14%. This growth is largely driven by increased legalization for both recreational and medicinal purposes. Furthermore, the e-commerce sector’s rise has facilitated easier access to marijuana products. However, issues like the potential misuse of medical marijuana and regulatory inconsistencies present challenges. Effective regulatory frameworks and consumer education are necessary to navigate these challenges. Technavio provides a detailed market analysis and insights into this growing sector.

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