According to a budget document from the Drug Enforcement Administration (DEA) titled “FY 2023 Performance Budget Congressional Budget Submission,” Mexican marijuana “has largely been supplanted by domestic produced marijuana.”
The report notes that Mexico “remains the most significant foreign source for marijuana in the United States,” and acknowledged that although marijuana remains illegal under federal law and is the most commonly used illicit drug in the United States, “the national landscape continues to evolve as states enact voter referenda and legislation regarding the possession, use, and cultivation of marijuana and its associated products.”
New Frontier Data, a research market company estimates that the number of American consumers will increase from 47 million in 2020 to 71 million by 2030. Meanwhile, the number of registered medical cannabis patient users is projected to increase to 5.7 million in 2030 (1.6% of the adult population).
According to a New Frontier Data report issued in March, if cannabis is fully legalized in the US by 2030, 47% of demand would be met by legal purchases, up from 27% in 2021, indicating continued disruption of illicit markets.
Photo By Lelen Ruete.
