Cannabis Public Policy Consulting

Cannabis Public

Cannabis Public Policy Consulting with Dr. Michael Sofis (Director of Research) and Mackenzie Slade (Director) today on Blunt Business only on The Cannabis Radio. One of our featured guests leads public health–focused research projects designed to better understand and mitigate problematic cannabis use. My other featured guest is an implementation specialist dedicated to bringing evidence-based best practices to the evolving field of cannabis.

CPPC (Cannabis Public Policy Consulting) has launched with ambitions to embed advanced data science, public health values, and sustainability into the public conversation on cannabis. The group is led by bold public health professionals and formerly controlled substance regulators and their goal is simple – provide policymakers and cannabis-adjacent businesses with the data to predict and solve legalization challenges.

CPPC has published a Spring 2022 pilot report announcement for your RDCOS (Regulatory Determinants of Cannabis Outcomes Survey). Findings show: that 39% of all individuals 16 years of age and older in legal cannabis states in the U.S. are estimated to have used cannabis in the past month (much higher than previously thought). 30% of all cannabis accessed in states with adult-use laws remains illicit, whereas about 39% remains illicit in states with only medical use laws and the U.S. is likely rapidly approaching 100 million residents who use cannabis at least monthly. The pilot report presents initial findings among 13,000 U.S. residents ages 16 and older from the general population in states with legal cannabis laws.

The report suggests that the United States is rapidly approaching 100 million residents who use cannabis at least monthly. In 2021 annual cannabis sales reached $26.5 billion, and are expected to reach $32 billion in 2022. New Frontier Data calculated the compound annual growth rate (CAGR) of the legal cannabis industry to be 11% between 2020 and 2030, ultimately putting the industry’s worth at more than $57 Billion by 2030. Talk to me about how the industry should navigate towards growth and expansion while awaiting policy relief in banking reform and legalization.