Cannabis industry is heading in the right direction, business operators say

Main Hemp Patriot
1 Min Read

U.S. plant-touching cannabis businesses – such as cultivators, manufacturers and retailers – say the industry is heading in a better direction, even without the impending rescheduling of marijuana.

According to survey data from the recently released 2024 MJBiz Factbook, more than 48% of revenue-generating cannabis businesses expect the industry will perform “somewhat better” or “much better” over the next 12 months.

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That number increases to 82% by adding survey respondents whose cannabis industry outlook is “about the same” for the coming year.

Only 19% of cannabis business operators expect things to get worse in the next 12 months.

2024 cannabis operators survey

The MJBizDaily cannabis business survey took place Feb. 13-March 15, before U.S. Attorney General Merrick Garland formally proposed moving marijuana from

Read full article on Marijuana Business Daily



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