DiscoverThe DimeHow Do We Get to a $100 Billion Market? Growth Predictions, Market Consolidations ft Ben Burstein
How Do We Get to a $100 Billion Market? Growth Predictions, Market Consolidations ft Ben Burstein

How Do We Get to a $100 Billion Market? Growth Predictions, Market Consolidations ft Ben Burstein

Update: 2025-01-05
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Why does it feel like the hemp industry is exploding while regulated cannabis remains stagnant?

The numbers may tell one story, but they don’t capture the whole picture.

 What would a combined cannabis and hemp market look like if both operated with fewer restrictions, better access to resources, and increased capital?

This week, we welcome back Ben Burstein to dive into these critical questions and more, including:

  • Why the numbers don’t tell the full story.
  • The real growth drivers behind cannabis and hemp.
  • Predictions for consolidation and expansion.
  • The path to a $100 billion market.

Guest Links:

 

Episode Highlights

Cannabis and Hemp Market Overview (00:00:56 )

  • Total hemp market currently around $10 billion
  • Hemp-derived THC market represents about $5 billion in retail sales
  • Strong growth trajectory with billions added each year

Market Dynamics and Expansion (00:02:40 )

  • Hemp-derived products offer:

State Market Insights (00:25:23 )

  • New York standout market

Future Industry Predictions (00:56:21 )

  • Expected to add billions in sales
  • Improving margins and cost structures
  • Potential Schedule 3 rescheduling
  • Continued market consolidation

 

Our Links

Bryan Fields on Twitter 

Kellan Finney on Twitter 

The Dime on Twitter 

At Eighth Revolution (8th Rev), we provide services from capital to cannabinoid and everything in between in the cannabinoid industry.

8th Revolution Cannabinoid Playbook is an Industry-leading report covering the entire cannabis supply chain 

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How Do We Get to a $100 Billion Market? Growth Predictions, Market Consolidations ft Ben Burstein

How Do We Get to a $100 Billion Market? Growth Predictions, Market Consolidations ft Ben Burstein

Bryan Fields, Ben Burstein, Kellan Finney