Medipharm Labs Corp T.LABS

USA Cannabis Market could Surpass $45 Billion by 2025 !!!

[1hot-techwoman]

Thursday, July 11, 2024, 9:00 AM ET

 

U.S. Cannabis Market Soars Amid Legal Reforms, But Safety Concerns Persist

NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) --

FinancialBuzz.com News Commentary

The cannabis market in the United States has experienced significant growth in recent years, driven largely by an increasingly favorable legal environment. Since Colorado and Washington first legalized recreational marijuana in 2012, numerous states have followed suit, with 23 states and the District of Columbia now allowing adult-use cannabis as of 2023. This trend has fueled a burgeoning industry, with legal cannabis sales reaching $24 billion in 2021, a sharp increase from the $8.5 billion reported in 2017. Analysts project that the U.S. cannabis market could surpass $45 billion by 2025, supported by ongoing state-level legalizations and potential federal reforms. This rapid growth highlights the expanding acceptance of cannabis and its economic potential, with more states considering legalization to boost tax revenues and create jobs

[subaru1]

and MPL can not surpass $0,075 it seems that MPL doesn't participate in that growth. P.S.: Look at AVCN this one is moving and aren't we suppose to be like a partner for the SEDD

[QContinuum1]

The success of LABS will not be based on the rec market in the US.  Market studies on the rec market are pointless as they have nothing to do with the business.  There is no way that LABS will penetrate the US market with any of their offerings alone and given LABS doesn't appear to have a partner in the US, nothing will happen in rec there.

[piduks]

CEO carries too much oxycotin baggage.  So many of our citizen killed by it in the U.S.  A negative stigma.  

[Olaf123]

He beleived in the company and wanted to make money but I always wondered if the choice of medipharm was some kind of a tentative for concsience/moral correction.