Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Trading banner 1
Trading banner 2
Trading banner 3
Trading banner 4
Trading banner 5
Trading banner 6
Trading banner 7
Trading banner 8
Trading banner 9

Medical marijuana market set to exceed $130B by 2030, driven by legalization and rising demand.

Market News
07 May 2026
Market News Updates
Bullish
pluang ai news

The global medical marijuana market is rapidly growing, expected to reach over $130 billion by the early to mid-2030s due to expanding legalization, increased clinical adoption, and rising demand for non-opioid treatments. Companies like Herbal Dispatch, High Tide, and Trulieve are capitalizing on this trend with innovative services, including veteran-focused channels and insurance-supported care. Regulatory changes, such as the DEA's rescheduling of medical cannabis to Schedule III, are facilitating faster market growth and institutional investment. This momentum positions medical cannabis as a significant player in global healthcare and life sciences moving forward.

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App