US cannabis growers produce nearly 50 million pounds of marijuana a year

In 2022, the total amount of legally and illegally grown marijuana is expected to exceed 48.8 million pounds, according to calculations by Whitney Economics.

2022 US cannabis supply report anticipated that the crowd at grown legally cannabis Will surpass illicit cultivation by early 2026, Marijuana Business Daily reported.

Additionally, the Portland, Oregon-based research firm has estimated that total legal cannabis sales will reach $29.3 billion by the end of this year and $81.6 billion by 2030.

Beau Whitneythe company’s chief economist said the legal cultivation capacity is more than enough for the entire country’s needs.

Whitney said Green Market Report that nearly half of the cannabis produced in 2021 came from California, adding that establishing new cultivation production operations in Michigan, Ohio and Pennsylvania would not be necessary.

“You have nearly £4million in supplies from Oregon, you have £22.2million from California,” Whitney said. “That’s half the total supply for the entire United States.”

The Mississippi medical marijuana market could start in early 2023

governor Tate Reeves signed a cannabis law into law in February, making Mississippi the 37th state to legalize medical marijuana.

About four months later, medical marijuana patients began filing theirs Applications for a card in the state of Magnolia, and so far 900 Mississippi residents have either applied or are already certified, according to to WLBT.

However, some of those trying to apply for the card are receiving confusing messages.

CEO of the Mississippi Cannabis Patients Alliance Angie Calhoun given more insight into the topic.

“So the patient actually gets an approval notice from the Ministry of Health,” she said. “And then they get a second email saying your card is deactivated.”

Calhoun also said that this is all part of the application process.

“Once the Ministry of…