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- New Frontier Data analysis found the 2018 global market value of combined legal and illicit cannabis markets to be worth $344.4 billion (USD).
- Of 263 million annual cannabis consumers worldwide, 83 million (32%) live in Africa.
- Africa’s cannabis market value (combined legal and illicit) was $37.3 billion in 2018 — 11% of the $344.4 billion global market.
- On average, 11.4% of Africans aged 15 and older have used cannabis in the past year, almost double the 6.0% global annual-use rate.
Image sourced from Pixabay
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The Benzinga Cannabis Capital Conference is coming to Florida
The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.
Get your tickets now on bzcannabis.com – Prices will increase very soon!