What Will The Cannabis Industry Look Like In 5 Years?

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There is little doubt that the cannabis industry—the above-ground, legal(ish) sector anyway—has seen rapid growth as laws and the social stigma surrounding it have started to ease. By one estimate, the global marijuana market could even reach over $146 billion by 2025.

Despite the relative market size for cannabis, the industry is still in the midst of growth and is nowhere near market maturity. The legislative landscape is also in a deep, prolonged state of change, but significant hurdles exist for pot businesses, in particular, federal financial laws that limit access to banking and capital.

Cannabis packaging still has unique challenges as well, as the industry juggles conveying mainstream legitimacy, legal compliance, and sustainability.