With more markets coming online each year, the cannabis industry’s bullish rise is not expected to slow down any time soon. Global cannabis sales for 2022 will reach just over $35 billion, a jump of ~22% over 2021 sales of $29 billion, according to BDSA’s most recent 5-year rolling market forecast update. BDSA forecasts global cannabis sales will grow to $61 billion in 2026, a compound annual growth rate (CAGR) of more than 16%.