Investing in Innovation: How Much Do Cannabis Companies Spend on R&D?
The cannabis industry is growing at an impressive rate. In 2024, legal cannabis sales in the U.S. surpassed $31.4 billion, marking a 9.14% increase from the previous year. As competition heats up, companies are spending more on research and development (R&D) to create better products, improve cultivation techniques, and enhance the customer experience. But how …
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