The cannabis retail industry is also growing rapidly, with the global legal marijuana market expected to reach $66.3 billion by 2025, according to a report by Zion Market Research. In the United States, the cannabis retail industry is expected to create over 300,000 jobs by 2025, according to New Frontier Data. Cannabis delivery and courier services are also a growing part of the cannabis supply chain. These services provide a convenient way for consumers to receive their cannabis products, and can be a profitable business for those who are able to establish a strong customer base. The profitability of cannabis retail businesses and delivery/courier services can vary significantly depending on a variety of factors, including the location of the store, the demand for cannabis products in the area, and the competition in the market.
If you have questions regarding the District of Columbia Medical Cannabis Amendment Act of 2022, please schedule a consultation with our office at (202) 499-2403 or 1 (833) 225-5559.