---
title: HIKVISION Cannabis White Paper LP
description: HIKVISION Cannabis White Paper LP
image: https://info.hikvision.com/hubfs/Email-Images/HDP-Newsletter_Header.png
---

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# Hikvision Cannabis White Paper

![cannabis-white_paper](https://info.hikvision.com/hs-fs/hubfs/cannabis-white_paper.png?width=342&name=cannabis-white_paper.png)

 

## Market Report: Cannabis

The cannabis industry in the United States has unique requirements,  
and presents distinctive opportunities, when it comes to video  
surveillance systems. Currently a roughly $13.6 billion industry, the  
cannabis market is enjoying a compound annual growth rate (CAGR)  
of around 30% and is on track to be a $30 billion industry by 2025.

Cannabis is fully legal in 11 states and the District of Columbia. It is legal  
to some extent, either for medical uses and/or now “decriminalized,” in  
33 states (including use of non-psychoactive CBD oil in some states).

“As more and more states become legal, there will be a quick jump in  
market growth,” comments a Hikvision spokesperson who guides the  
cannabis industry initiatives for video system company Hikvision USA. “It is  
still in its infancy. There is a lot of growth and investment, and more  
opportunity in the market.”

 

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