As legal marijuana gains a foothold in more countries and U.S. states, major food and beverage companies increasingly are dipping their toes into the fast-growing $20.5 billion global cannabis market. From flowers to concentrates to edibles, sales of cannabis products are projected to hit $90.4 billion worldwide by 2026, a compound annual growth rate of 28% in value, according to B2B research provider Markets-andMarkets.
North America is expected to drive many of the sales gains, and the U.S. ma…