Legal Marijuana Global Market Report 2024

Global Legal Marijuana Market Report 2024

Legal Marijuana Global Market Report 2024 – By Product (Buds, Oils And Concentrates, Tinctures), By Compound (Tetrahydrocannabinol (THC)-Dominant, Cannabidiol (CBD)-Dominant, Balanced THC And CBD), By Mode Of Delivery (Capsules, Concentrates, Edibles, Other Mode Of Deliveries), By Application (Chronic Pain, Mental Disorders, Cancer, Other Applications), By End-User (Pharmaceutical, Food, Beverages, Tobacco, Personal Care, Research And Development Centers) – Market Size, Trends, And Global Forecast 2024-2033

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Legal Marijuana Global Market Report 2024

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Global Legal Marijuana Market Infographic

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Legal Marijuana Market Definition

Legal marijuana refers to cannabis that is permitted for use under state or national laws, which can include its use for medicinal, recreational, or both purposes. The legality varies significantly depending on the jurisdiction. Legalization aims to regulate the cannabis market, reduce illegal sales, and generate tax revenue, among other goals.

The main product types of legal marijuana are buds, oils and concentrates, and tinctures. Buds refer to the flower portion of the cannabis plant, which contains the highest concentration of cannabinoids such as THC and CBD. The various compounds include tetrahydrocannabinol (THC)-dominant, cannabidiol (CBD)-dominant, balanced THC, and CBD with various modes of delivery such as capsules, concentrates, edibles, and others. These are used in various applications such as chronic pain, mental disorders, cancer, and others and also used by various end-users such as pharmaceuticals, food, beverages, tobacco, personal care, research and development centers.

Legal Marijuana Market Segmentation

The legal marijuana market covered in this report is segmented –

1) By Product: Buds, Oils And Concentrates, Tinctures

2) By Compound: Tetrahydrocannabinol (THC)-Dominant, Cannabidiol (CBD)-Dominant, Balanced THC And CBD

3) By Mode Of Delivery: Capsules, Concentrates, Edibles, Other Mode Of Deliveries

4) By Application: Chronic Pain, Mental Disorders, Cancer, Other Applications

5) By End-User: Pharmaceutical, Food, Beverages, Tobacco, Personal Care, Research And Development Centers

Global Legal Marijuana Market Size 2023 to 2028: Graph

Legal Marijuana Market Size 2024 And Growth Rate

The legal marijuana market size has grown exponentially in recent years. It will grow from $21.79 billion in 2023 to $26.56 billion in 2024 at a compound annual growth rate (CAGR) of 21.9%. The growth in the historic period can be attributed to shift in public attitudes towards cannabis, increase in legalization for medicinal and recreational use, growth in awareness of its therapeutic benefits, strong advocacy movements, rise in government tax revenue from legal sales, and decline in stigma associated with cannabis consumption.

Legal Marijuana Market Growth Forecast

The legal marijuana market size is expected to see exponential growth in the next few years. It will grow to $58.93 billion in 2028 at a compound annual growth rate (CAGR) of 22.0%. The growth in the forecast period can be attributed to increasing legalization and decriminalization efforts, growing medical cannabis applications, rising consumer demand for recreational use, expanding product variety, heightened investment in research and development, and favorable government regulations. Major trends in the forecast period include advancements in cannabis cultivation, innovation in extraction methods, adoption of edibles and infused products, advancements in cannabis-infused products, advancements in medical research, and adoption of CBD-based wellness products.

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Legal Marijuana Market Driver: Impact Of Increasing Epilepsy Cases On The Growth Of The Legal Marijuana Market

The rise in the incidence of epilepsy is expected to propel the growth of the legal marijuana market going forward. Epilepsy is a brain condition that causes frequent seizures due to irregular electrical activity in the brain. The rise in epilepsy cases can be attributed to better diagnosis, increased awareness, and enhanced reporting, alongside potential environmental, genetic, and lifestyle influences. Medical marijuana, particularly cannabidiol (CBD), has shown considerable potential in reducing the frequency and intensity of seizures in epilepsy patients, including those with severe forms such as Dravet syndrome. This alternative treatment is gaining momentum due to its favorable safety profile compared to traditional anti-epileptic drugs, offering hope for individuals unresponsive to conventional therapies. For instance, in April 2022, according to the European Brain Council, a Belgium-based non-profit organization, over 600 neurological diseases and nearly 300 psychiatric conditions afflict millions globally, including 65 million with epilepsy. Therefore, the rise in the incidence of epilepsy drives the growth of the legal marijuana market.

Global Legal Marijuana Market Major Players

Major companies operating in the legal marijuana market are Trulieve Cannabis Corp., Green Thumb Industries Inc., Cresco Labs Inc., Tilray Brands Inc., Canopy Growth Corporation, Acreage Holdings Inc., Aurora Cannabis Inc., Organigram Holdings Inc., Cronos Group, Gaia Herbs, Medical Marijuana Inc., Green Roads, MediPharm Labs (VIVO Cannabis Inc.), CV Sciences Inc., Maricann inc., Dr. Hemp Me., Spring Creek Labs, Tikun Olam Ltd., United Cannabis Corporation, Cannabis Sativa Inc., Royal CBD, Lexaria Bioscience Corp., Isodiol International Inc.

Global Legal Marijuana Market Trend: Cannabis Companies Innovate With New Beverage Offerings To Meet Growing Consumer Demand

Major companies operating in the legal marijuana market are focusing on product innovations, such as cannabis beverages, to cater to evolving consumer preferences, differentiate their offerings, and capture a larger share of the growing market. Cannabis beverages are infused drinks that deliver the benefits of cannabis, offering consumers a smoke-free consumption option. For instance, in March 2023, Canopy Growth Corporation, a Canada-based cannabis company, launched six new beverage flavors, a cannabis-infused beverage- Deep Space Propulsion. It is a cannabis beverage with naturally occurring caffeine. Canopy’s new cannabis beverages, featuring caffeinated sodas and iced teas, offer unique flavors and aim to boost consumer enjoyment with refreshing, THC-infused drinks.

Legal Marijuana Market Merger And Acquisition: Standard Wellness Holdings Expands Reach with Acquisition of Forest Springville

In March 2024, Standard Wellness Holdings LLC, a US-based medical cannabis company, acquired Forest Springville for an undisclosed amount. This acquisition strengthens Standard Wellness’s ability to offer a comprehensive array of cannabis products and extend its reach in Utah, enhancing patient access to quality cannabis-based health solutions. Forest Springville is a US-based Cannabis pharmacy store providing various medical cannabis products.

Regional Insights For The Global Legal Marijuana Market

North America was the largest region in the legal marijuana market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the legal marijuana market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the legal marijuana market report areAustralia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The legal marijuana market consists of sales of medical marijuana, recreational marijuana and hemp-derived cannabis. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The legal marijuana market research report is one of a series of new reports from The Business Research Company that provides legal marijuana market statistics, including legal marijuana industry global market size, regional shares, competitors with a legal marijuana market share, detailed legal marijuana market segments, market trends and opportunities, and any further data you may need to thrive in the legal marijuana industry. This legal marijuana market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Legal Marijuana Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2024	$26.56 billion
Revenue Forecast In 2033	$58.93 billion
Growth Rate	CAGR of 22.0% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Product: Buds; Oils And Concentrates; Tinctures 2) By Compound: Tetrahydrocannabinol (THC)-Dominant; Cannabidiol (CBD)-Dominant; Balanced THC And CBD 3) By Mode Of Delivery: Capsules; Concentrates; Edibles; Other Mode Of Deliveries 4) By Application: Chronic Pain; Mental Disorders; Cancer; Other Applications 5) By End-User: Pharmaceutical; Food; Beverages; Tobacco; Personal Care; Research And Development Centers
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Trulieve Cannabis Corp., Green Thumb Industries Inc., Cresco Labs Inc., Tilray Brands Inc., Canopy Growth Corporation, Acreage Holdings Inc., Aurora Cannabis Inc., Organigram Holdings Inc., Cronos Group, Gaia Herbs, Medical Marijuana Inc., Green Roads, MediPharm Labs (VIVO Cannabis Inc.), CV Sciences Inc., Maricann inc., Dr. Hemp Me., Spring Creek Labs, Tikun Olam Ltd., United Cannabis Corporation, Cannabis Sativa Inc., Royal CBD, Lexaria Bioscience Corp., Isodiol International Inc.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Legal Marijuana Market Characteristics

3. Legal Marijuana Market Trends And Strategies

4. Legal Marijuana Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Legal Marijuana Market Size and Growth

5.1. Global Legal Marijuana Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Legal Marijuana Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Legal Marijuana Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Legal Marijuana Market Segmentation

6.1. Global Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Buds

Oils And Concentrates

Tinctures

6.2. Global Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Tetrahydrocannabinol (THC)-Dominant

Cannabidiol (CBD)-Dominant

Balanced THC And CBD

6.3. Global Legal Marijuana Market, Segmentation By Mode Of Delivery, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Capsules

Concentrates

Edibles

Other Mode Of Deliveries

6.4. Global Legal Marijuana Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Chronic Pain

Mental Disorders

Cancer

Other Applications

6.5. Global Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Pharmaceutical

Food

Beverages

Tobacco

Personal Care

Research And Development Centers

7. Legal Marijuana Market Regional And Country Analysis

7.1. Global Legal Marijuana Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Legal Marijuana Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Legal Marijuana Market

8.1. Asia-Pacific Legal Marijuana Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Legal Marijuana Market

9.1. China Legal Marijuana Market Overview

9.2. China Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Legal Marijuana Market

10.1. India Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Legal Marijuana Market

11.1. Japan Legal Marijuana Market Overview

11.2. Japan Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Legal Marijuana Market

12.1. Australia Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Legal Marijuana Market

13.1. Indonesia Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Legal Marijuana Market

14.1. South Korea Legal Marijuana Market Overview

14.2. South Korea Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Legal Marijuana Market

15.1. Western Europe Legal Marijuana Market Overview

15.2. Western Europe Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Legal Marijuana Market

16.1. UK Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Legal Marijuana Market

17.1. Germany Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Legal Marijuana Market

18.1. France Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Legal Marijuana Market

19.1. Italy Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Legal Marijuana Market

20.1. Spain Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Legal Marijuana Market

21.1. Eastern Europe Legal Marijuana Market Overview

21.2. Eastern Europe Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Legal Marijuana Market

22.1. Russia Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Legal Marijuana Market

23.1. North America Legal Marijuana Market Overview

23.2. North America Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Legal Marijuana Market

24.1. USA Legal Marijuana Market Overview

24.2. USA Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Legal Marijuana Market

25.1. Canada Legal Marijuana Market Overview

25.2. Canada Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Legal Marijuana Market

26.1. South America Legal Marijuana Market Overview

26.2. South America Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Legal Marijuana Market

27.1. Brazil Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Legal Marijuana Market

28.1. Middle East Legal Marijuana Market Overview

28.2. Middle East Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Legal Marijuana Market

29.1. Africa Legal Marijuana Market Overview

29.2. Africa Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Legal Marijuana Market Competitive Landscape And Company Profiles

30.1. Legal Marijuana Market Competitive Landscape

30.2. Legal Marijuana Market Company Profiles

30.2.1. Trulieve Cannabis Corp.

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Green Thumb Industries Inc.

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Cresco Labs Inc.

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Tilray Brands Inc.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Canopy Growth Corporation

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Legal Marijuana Market Other Major And Innovative Companies

31.1. Acreage Holdings Inc.

31.2. Aurora Cannabis Inc.

31.3. Organigram Holdings Inc.

31.4. Cronos Group

31.5. Gaia Herbs

31.6. Medical Marijuana Inc.

31.7. Green Roads

31.8. MediPharm Labs (VIVO Cannabis Inc.)

31.9. CV Sciences Inc.

31.10. Maricann inc.

31.11. Dr. Hemp Me.

31.12. Spring Creek Labs

31.13. Tikun Olam Ltd.

31.14. United Cannabis Corporation

31.15. Cannabis Sativa Inc.

32. Global Legal Marijuana Market Competitive Benchmarking

33. Global Legal Marijuana Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Legal Marijuana Market

35. Legal Marijuana Market Future Outlook and Potential Analysis

35.1 Legal Marijuana Market In 2028 - Countries Offering Most New Opportunities

35.2 Legal Marijuana Market In 2028 - Segments Offering Most New Opportunities

35.3 Legal Marijuana Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Legal Marijuana Market, Segmentation By Mode Of Delivery, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Legal Marijuana Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Legal Marijuana Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Global Legal Marijuana Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: Asia-Pacific, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: China, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: India, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Japan, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Australia, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: Indonesia, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: South Korea, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: Western Europe, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: UK, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: Germany, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: France, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Italy, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Spain, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Eastern Europe, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: Russia, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: North America, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: USA, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: Canada, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: South America, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Brazil, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Middle East, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: Africa, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 76: Trulieve Cannabis Corp. Financial Performance

Table 77: Green Thumb Industries Inc. Financial Performance

Table 78: Cresco Labs Inc. Financial Performance

Table 79: Tilray Brands Inc. Financial Performance

Table 80: Canopy Growth Corporation Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Legal Marijuana Market, Segmentation By Mode Of Delivery, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Legal Marijuana Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Legal Marijuana Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Global Legal Marijuana Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: Asia-Pacific, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: China, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: India, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Japan, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Australia, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: Indonesia, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: South Korea, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: Western Europe, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: UK, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: Germany, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: France, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Italy, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Spain, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Eastern Europe, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: Russia, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: North America, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: USA, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: Canada, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: South America, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Brazil, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Middle East, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Legal Marijuana Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Legal Marijuana Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: Africa, Legal Marijuana Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 76: Trulieve Cannabis Corp. Financial Performance

Figure 77: Green Thumb Industries Inc. Financial Performance

Figure 78: Cresco Labs Inc. Financial Performance

Figure 79: Tilray Brands Inc. Financial Performance

Figure 80: Canopy Growth Corporation Financial Performance

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Frequently Asked Questions

What is the definition of the legal marijuana market?

How will the legal marijuana market drivers and restraints affect the legal marijuana market dynamics? What forces will shape the legal marijuana industry going forward?

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What is the forecast market size or the forecast market value of the legal marijuana market?

The legal marijuana market size has grown exponentially in recent years. It will grow from $21.79 billion in 2023 to $26.56 billion in 2024 at a compound annual growth rate (CAGR) of 21.9%. The growth in the historic period can be attributed to shift in public attitudes towards cannabis, increase in legalization for medicinal and recreational use, growth in awareness of its therapeutic benefits, strong advocacy movements, rise in government tax revenue from legal sales, and decline in stigma associated with cannabis consumption. The legal marijuana market size is expected to see exponential growth in the next few years. It will grow to $58.93 billion in 2028 at a compound annual growth rate (CAGR) of 22.0%. The growth in the forecast period can be attributed to increasing legalization and decriminalization efforts, growing medical cannabis applications, rising consumer demand for recreational use, expanding product variety, heightened investment in research and development, and favorable government regulations. Major trends in the forecast period include advancements in cannabis cultivation, innovation in extraction methods, adoption of edibles and infused products, advancements in cannabis-infused products, advancements in medical research, and adoption of CBD-based wellness products. For further insights on the legal marijuana market, request a sample here

How is the legal marijuana market segmented?

The legal marijuana market is segmented
1) By Product: Buds, Oils And Concentrates, Tinctures
2) By Compound: Tetrahydrocannabinol (THC)-Dominant, Cannabidiol (CBD)-Dominant, Balanced THC And CBD
3) By Mode Of Delivery: Capsules, Concentrates, Edibles, Other Mode Of Deliveries
4) By Application: Chronic Pain, Mental Disorders, Cancer, Other Applications
5) By End-User: Pharmaceutical, Food, Beverages, Tobacco, Personal Care, Research And Development CentersFor further insights on the legal marijuana market, request a sample here

Which region has the largest share of the legal marijuana market? What are the other regions covered in the report?

North America was the largest region in the legal marijuana market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the legal marijuana market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the legal marijuana market, request a sample here.

Who are the major players in the legal marijuana market?

What are the key trends in the legal marijuana market?

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What are the major opportunities in the legal marijuana market? What are the strategies for the legal marijuana market?

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How does the legal marijuana market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the legal marijuana industry?

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What are the key dynamics influencing the legal marijuana market growth? SWOT analysis of the legal marijuana market.

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