The U.S. cannabis market size is expected to reach $40.0 billion by 2030, growing at a CAGR of 14.9% over the forecast period, according to Grand View Research Inc.
Lactalis Canada's expansion in this category will grow the company's plant-based offering which currently includes products such as Sensational Soy, Lactantia margarine and Siggi's coconut-based yogurt alternative.