Are you a cannabis owner, looking for some inspiration? This blog has listed down the top 10 biggest cannabis manufacturing companies that are leading on a global scale. Moreover, to start if you need a cannabis marketing agency to boost your brand awareness and recognition, make sure to choose a standard professional company with a unique digital marketing strategy.
Currently, the cannabis industry is thriving in every part of the United States. Whether it is recreational, medical cannabis, or cannabis-related products, ranging from oils to skin care products, all are a part of this billion-dollar market. This definitely intrigued the interests of numerous investors and there have been reports of several investments.
The Grand view Research suggests the universal legal cannabis market is anticipated to grow at a compound annual rate of 25.30% from 2022 to 2030, attaining 134.4 billion dollars by 2030.
Numerous personalities have given this industry an influencing face via branded cannabis products or business ventures. With its progressing legalization, hemp stocks are appearing to be a legitimate investment idea for many. But they can be victims of market instability due to continual changes in the legal demography.
10 biggest cannabis manufacturing names in the industry
So, are you curious about the leading game players of this industry playing like a pro amid this instability? You need a Los Angeles Dispensary SEO agency.
Here are the top 10 cannabis manufacturing companies in the United States.
Curaleaf, founded in 2010 has its headquarters in Wakefield, Massachusetts. The company has 26 cultivation facilities, 135 retail outlets, and over 2,000 commercial partner accounts. It operates in 22 states of the United States. The organization takes pride in its profound commitment to improving communities around the United States through efforts that address the collateral repercussions of marijuana-related offenses. It has a market capital of 2.69 billion dollars. The products offered by Curaleaf are medical and recreational-based.
Green Thumb Industries, has headquarters based in Chicago, Illinois, and was founded in 2014. It manages and owns 77 dispensary sites in 15 U.S. states under various identities, as well as a portfolio of six cannabis brands. Each label is aimed at catering to a certain style of cannabis user, ranging from the casual to the sophisticated, as well as advocates of NGOs devoted to making genuine, long-term headway against the War on Drugs. It has a market capital of 1.98 billion dollars and offers medical and recreational cannabis products.
- Trulieve Cannabis
Trulieve evolved as a medically oriented low-THC/CBD cannabis firm after being established in 1990 as Hackney Nursery. In nine states, the corporation owns and runs dispensaries and processing plants. Trulieve and its CEO, Kim Rivers, have recently come under fire following the murder of a staff at a Massachusetts processing factory during unionization attempts at the company’s four facilities there. The company has a market capital of 1.36 billion dollars, offers medical cannabis products has headquarters in Quincy, Florida. The emergence of the cannabis company is in the year 2016. With a strong Los Angeles Dispensary SEO, they could even strengthen the presence of the dispensaries based in Los Angeles.
Verano Holdings sells items under a variety of brand names at 119 store outlets in 14 states. The firm specializes in developing distinctive strains for both recreational as well as medicinal products. Like many companies in the cannabis market, the company donates to social justice initiatives and provides financial assistance to individuals incarcerated for cannabis-related charges. It has a market capital of 1.03 billion dollars. The company has headquarters in Chicago, Illinois, founded in the year 2014.
Cresco Labs and its affiliated companies position themselves as a smart option for the average cannabis consumer. They disclosed plans to buy Columbia Care, another market valuation leader, in March 2022. Cresco Laboratories and Columbia Care revealed a planned spinoff in November 2022, establishing the first minority-owned, vertically consolidated multi-state cannabis business. The company has a market capitalization of 0.58 billion dollars and has its headquarters in Chicago, Illinois, founded in the year 2013. They provide recreational as well as medical cannabis products.
KORSUVA, an injectable cannabis-based biopharmaceutical developed by Cara Therapeutics, is a quasi-therapy for pruritus (generic name: difelikefalin). The FDA has authorized the medicine for the treatment of moderate-to-severe pruritus linked with chronic renal disease in people receiving hemodialysis. This therapeutic company has a market capitalization of 0.35 billion dollars with its headquarters in Stamford, Connecticut, and was founded in 2004. The company is primarily a seller of medical marijuana products.
Bakhu Holdings, Corp is a company that is primarily engaged in the processes of producing, manufacturing, and selling cannabis-related products. The company operates or extends its reach to various parts of the United States for both recreational and medical cannabis products. It tests and commercializes cannabis plant cell replication and extraction technologies. The company has a market capitalization of 0.30 billion dollars. The company was founded in 2008 and has headquarters in Long Beach, California.
- Columbia Care
This company is a multi-state medical cannabis operator that offers various categories of products and platinum-label CBD brands. The New York-based company was established in 2012. The company has a market capitalization of 0.21 billion dollars and primarily operated with only medical cannabis products.
The company was founded in 2016 and has headquarters on West Coast, Greater Los Angeles Area. It is a vertically integrated hemp company that deals with the whole cannabis processing. They are responsible for the production, manufacturing, and selling of cannabis-related products. It has a market capitalization of 0.20 billion dollars.
This is a company based in Nevada, United States, and was founded in the year 2002. The organization is a vertically integrated hemp company that has award-winning cultivation and production process. Moreover, they opened their own cannabis dispensary in Las Vegas, which now became the largest cannabis dispensary in the world. The company has a market capitalization of 0.20 billion dollars.
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