Cannabis Cultivation Will Be A Race To The Bottom - Forbes 2026

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The United States The U.S. is the heavyweight champion of cannabis, with over $30 billion in legal sales in 2023: $10 billion in medical and $20 billion in recreational sales.
Over the same period, there were increases in the proportion of people aged 5059 who recently used cannabis (from 3.3% to 9.2%). In 2019, people aged 2029 (23.8%) and 3039 (13.7%) were most likely to have recently used cannabis.
Cannabis use is most prevalent among young people ages 18 to 25 (19.8 percent using in the past month) (CBHSQ, 2016a). Interestingly, since 2002 the use of cannabis has decreased among 12- to 17-year-olds, while it has markedly increased in the senior population, that is, those over 55 years (Azofeifa et al., 2016).
But mature markets, particularly California and Illinois, are experiencing docHub declines: California lost nearly 4,000 jobs because of high taxes and a saturated market. Illinois saw a 25% job loss because of high sales taxes and competition from neighboring states.
In 2021, people reporting past-month cannabis use were 56.6% male and 43.4% female. Distribution across self-reported race and ethnicity was 64.1% White, 14.3% Black, 14.1% Hispanic, and 3.1% more than one race.

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Maximillian White. Maximillian White (born 1980) is a British-Jamaican entrepreneur based in Dubai, UAE. He is known for his ventures in real estate, music, hospitality, and the medical cannabis industry.
The United Nations Office on Drugs and Crime mapped out the countries in the world that smoke the most cannabis. The country with the highest rate of cannabis consumption is Iceland, with 18.3 percent of the population partaking.

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