Retail Update and Investment Thesis
BERS
CANNABIS MARKET BY THE NUMBERS
Unprecedented growth across the emerging industry with room for continued expansion
1231
SALES
$25Bn
US LEGAL SALES1
IN 2021
$46Bn
US LEGAL SALES
BY 20262
$62Bn
GLOBAL LEGAL
MEDICAL SALES
BY 20244
STATES
18
STATES PLUS DC
RECREATIONAL PROGRAMS
38
STATES HAVE
MEDICAL PROGRAMS
ACCORDANCE TE
70%
OF US STATES LEGAL
MEDICAL OR RECREATIONAL
1. "How Cannabis pricing differs from other consumer goods". Deloitte with HIFYRE and BDSA.
2.
3.
"US Cannabis Collective: Ahead of the Curve". Vivien Azer @ Cowen Research.
"Welcome to Cannabis High..." Wolfe Research.
https://www.dlaniner.com/da/global/news/2020/02/dla-niner-launches-global-cannabis-practice/
SUPPORT
68%
US CITIZENS
AWH
SUPPORT LEGALIZATION3
4
BILLS IN-PLAY
>50%
CONGRESS
SUPPORTS LEGALIZATION3
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