The cannabis market is one of the fastest-growing markets. By the end of 2025, Grand View Research estimates that the global legal cannabis market will grow to $66.3 billion. Its increasing legalization and use in the medical field, as well as recreational applications, are some reasons driving its growth.
However, there are stringent rules and regulations regarding the products’ cultivation and sale. According to Adherence Compliance, a Denver-based company that specializes in cannabis compliance, about 76 percent of all cannabis operators fail at inventory requirements, 72 percent fail security and surveillance requirements, 67 percent are unsuccessful with labeling and packaging, 64 percent on business records and 53 percent fail on transport and storage.
Read more about what cannabis operators need to know in Salient's article here: From Seed-to-Sale: What Cannabis Operators Need to Know Before They Grow