The Growing Cannabis Market: A Path to Billions

Introduction In recent years, the global cannabis industry has witnessed a remarkable transformation, evolving from the shadows of illegality into a thriving, legitimate market with substantial growth potential. In 2022, the global cannabis market was estimated to be valued at a staggering USD 27.7 billion, and experts …

At a CAGR of 24.3% The Global Cannabis Market Size and Share is Estimated to Gain USD 82.3 billion by 2027 says MarketsandMarkets™

The global cannabis market size is estimated to be valued at USD 27.7 billion in 2022 and is projected to reach USD 82.3 billion by 2027, recording a CAGR of 24.3% in terms of value. Medical segment also significantly contributes towards the total cannabis market. …

Cannabis Market: Understanding the Current Landscape and Future Opportunities

The cannabis industry has been one of the fastest-growing sectors in recent years, driven by the growing legalization of cannabis for medical and recreational use. The global cannabis market is projected to reach USD 82.3 billion by 2027, growing at a compound annual growth rate …

Cannabis Market – Growth Opportunities | Regional Analysis

Cannabis Market is anticipated to reach USD 90.4 billion by 2026, recording a compound annual growth rate (CAGR) of 28.0% during the forecast period. It is witnessing significant growth due to increasing legalization of cannabis across various regions. Also, the growth of this market can …

Attractive Opportunities In Cannabis Market (Global Forecast to 2026)

The cannabis market is projected to reach USD 90.4 billion by 2026, recording a CAGR of 28.0%, in terms of value. It is witnessing significant growth due to increasing legalization of cannabis across various regions. Also, the growth of this market can also be attributed …

Cannabis Market: Key Players and Forecast

The cannabis market was valued at USD 20.5 billion in 2020 and is projected to reach USD 90.4 billion by 2026, recording a CAGR of 28.0%, in terms of value. It is witnessing significant growth due to increasing legalization of cannabis across various regions. Also, the growth …

Cannabis Market Revenue, Trends, Leading Companies, Analysis, Outlook

According to MarketsandMarkets, the global cannabis market size is estimated to be valued at USD 20.5billion in 2020 and is projected to reach USD 90.4 billion by 2026, recording a CAGR of 28.0% in terms of value. The growth of cannabis market can be attributed …

Cannabis Market: Enormous Growth Opportunity with Market Diversification

The cannabis market is projected to grow at a CAGR of 28.0% during the forecast period According to MarketsandMarkets, the cannabis market is estimated to be valued at USD 20.5 billion in 2020 and is projected to reach USD 90.4 billion by 2026, recording a …

Key Driving Factors in Cannabis Market

Cannabis is a drug derived from the cannabis sativa, cannabis indica, and hybrid strains. Although cannabis is composed of different cannabinoids, the two main cannabinoids considered to be the most active compounds are tetrahydrocannabinol (THC), the psychoactive compound, and cannabidiol (CBD), the non-psychoactive compound. The …