From prohibition to participation: Exploring the shifting cannabis retail market

Several products from cannabis retailer The Travel Agency laid out against a light gray background.
Pitaliya noted an opportunity to reframe cannabis products as part of a broader wellness portfolio. (Source: The Travel Agency)
What do retailers and brands like The Travel Agency, Sundae Flowers and Edie Parker have in common with one another? They all reflect larger changes taking place within the US legal cannabis retail industry, which is projected to grow 41.4 per cent in the next five years, from $31.4 billion in 2024 to $44.4 billion in 2029. In a report dubbed “From prohibition to participation: Measuring the impact of cannabis and psychedelic mushroom legalization on consumer spending”, Coresight Research’

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