![[PRESS RELEASE] – LAS VEGAS, July 22, 2026 – Planet 13 Holdings Inc., a leading vertically integrated multistate cannabis company, announced the location for its next Florida dispensary in Sarasota at 2460 Stickney Point Road, scheduled to open Aug.](/sites/cannabidiolxcbd.com/files/styles/large/public/content/images/2026-07/15caae58b3f9b0e99674181692e8b738c99795e6.webp?itok=LGv1FjZC)
U.S. Cannabis Market Eyes $40 Billion by 2034 as Legalization Spreads
The American cannabis industry is projected to more than triple in size over the next decade, growing from $11.73 billion in 2025 to $40.41 billion by 2034 - a compound annual growth rate of 14.73%.
