Legal Cannabis Market Size, Share & Trends Report

Legal Cannabis Market Size, Share & Trends Analysis Report By Source (Marijuana, Hemp), By Derivative (CBD, THC), By End Use (Medical Use, Recreational Use, Industrial Use), By Region, And Segment Forecasts, 2023 - 2030

  • Report ID: GVR-4-68038-278-5
  • Number of Pages: 150
  • Format: Electronic (PDF)
  • Historical Range: 2016 - 2021
  • Industry: Healthcare

Market Segmentation

  • Legal Cannabis Source Outlook (Revenue, USD Million, 2016 - 2030)
    • Marijuana
      • Flowers
      • Oil and Tinctures
    • Hemp
      • Hemp CBD
      • Supplements
      • Industrial Hemp
  • Legal Cannabis Derivative Outlook (Revenue, USD Million, 2016 - 2030)
    • CBD
    • THC
    • Others
  • Legal Cannabis End-use Outlook (Revenue, USD Million, 2016 - 2030)
    • Medical Use
      • Cancer
      • Chronic Pain
      • Depression and Anxiety
      • Arthritis
      • Diabetes
      • Glaucoma
      • Migraines
      • Epilepsy
      • Multiple Sclerosis
      • AIDS
      • Amyotrophic Lateral Sclerosis
      • Alzheimer’s
      • Post-Traumatic Stress Disorder (PTSD)
      • Parkinson's
      • Tourette’s
      • Others
    • Recreational Use
    • Industrial Use
  • Legal Cannabis Regional Outlook (Revenue, USD Million, 2016 – 2030)
    • North America
      • North America Legal Cannabis Market, By Source
        • Marijuana
          • Flowers
          • Oil and Tinctures
        • Hemp
          • Hemp CBD
          • Supplements
          • Industrial Hemp
      • North America Legal Cannabis Market, By Derivative
        • CBD
        • THC
        • Others
      • North America Legal Cannabis Market, By End Use
        • Medical Use
          • Cancer
          • Chronic Pain
          • Depression and Anxiety
          • Arthritis
          • Diabetes
          • Glaucoma
          • Migraines
          • Epilepsy
          • Multiple Sclerosis
          • AIDS
          • Amyotrophic Lateral Sclerosis
          • Alzheimer’s
          • Post-Traumatic Stress Disorder (PTSD)
          • Parkinson's
          • Tourette’s
          • Others
        • Recreational Use
        • Industrial Use
      • U.S.
        • U.S. Legal Cannabis Market, By Source
          • Marijuana
            • Flowers
            • Oil and Tinctures
          • Hemp
            • Hemp CBD
            • Supplements
            • Industrial Hemp
        • U.S. Legal Cannabis Market, By Derivative
          • CBD
          • THC
          • Others
        • U.S. Legal Cannabis Market, By End Use
          • Medical Use
            • Cancer
            • Chronic Pain
            • Depression and Anxiety
            • Arthritis
            • Diabetes
            • Glaucoma
            • Migraines
            • Epilepsy
            • Multiple Sclerosis
            • AIDS
            • Amyotrophic Lateral Sclerosis
            • Alzheimer’s
            • Post-Traumatic Stress Disorder (PTSD)
            • Parkinson's
            • Tourette’s
            • Others
          • Recreational Use
          • Industrial Use
      • Canada
        • Canada Legal Cannabis Market, By Source
          • Marijuana
            • Flowers
            • Oil and Tinctures
          • Hemp
            • Hemp CBD
            • Supplements
            • Industrial Hemp
        • Canada Legal Cannabis Market, By Derivative
          • CBD
          • THC
          • Others
        • Canada Legal Cannabis Market, By End Use
          • Medical Use
            • Cancer
            • Chronic Pain
            • Depression and Anxiety
            • Arthritis
            • Diabetes
            • Glaucoma
            • Migraines
            • Epilepsy
            • Multiple Sclerosis
            • AIDS
            • Amyotrophic Lateral Sclerosis
            • Alzheimer’s
            • Post-Traumatic Stress Disorder (PTSD)
            • Parkinson's
            • Tourette’s
            • Others
          • Recreational Use
          • Industrial Use
    • Europe
      • Europe Legal Cannabis Market, By Source
        • Marijuana
          • Flowers
          • Oil and Tinctures
        • Hemp
          • Hemp CBD
          • Supplements
          • Industrial Hemp
      • Europe Legal Cannabis Market, By Derivative
        • CBD
        • THC
        • Others
      • Europe Legal Cannabis Market, By End Use
        • Medical Use
          • Cancer
          • Chronic Pain
          • Depression and Anxiety
          • Arthritis
          • Diabetes
          • Glaucoma
          • Migraines
          • Epilepsy
          • Multiple Sclerosis
          • AIDS
          • Amyotrophic Lateral Sclerosis
          • Alzheimer’s
          • Post-Traumatic Stress Disorder (PTSD)
          • Parkinson's
          • Tourette’s
          • Others
        • Recreational Use
        • Industrial Use
      • Germany
        • Germany Legal Cannabis Market, By Source
          • Marijuana
            • Flowers
            • Oil and Tinctures
          • Hemp
            • Hemp CBD
            • Supplements
            • Industrial Hemp
        • Germany Legal Cannabis Market, By Derivative
          • CBD
          • THC
          • Others
        • Germany Legal Cannabis Market, By End Use
          • Medical Use
            • Cancer
            • Chronic Pain
            • Depression and Anxiety
            • Arthritis
            • Diabetes
            • Glaucoma
            • Migraines
            • Epilepsy
            • Multiple Sclerosis
            • AIDS
            • Amyotrophic Lateral Sclerosis
            • Alzheimer’s
            • Post-Traumatic Stress Disorder (PTSD)
            • Parkinson's
            • Tourette’s
            • Others
          • Recreational Use
          • Industrial Use
      • U.K.
        • U.K. Legal Cannabis Market, By Source
          • Marijuana
            • Flowers
            • Oil and Tinctures
          • Hemp
            • Hemp CBD
            • Supplements
            • Industrial Hemp
        • U.K. Legal Cannabis Market, By Derivative
          • CBD
          • THC
          • Others
        • U.K. Legal Cannabis Market, By End Use
          • Medical Use
            • Cancer
            • Chronic Pain
            • Depression and Anxiety
            • Arthritis
            • Diabetes
            • Glaucoma
            • Migraines
            • Epilepsy
            • Multiple Sclerosis
            • AIDS
            • Amyotrophic Lateral Sclerosis
            • Alzheimer’s
            • Post-Traumatic Stress Disorder (PTSD)
            • Parkinson's
            • Tourette’s
            • Others
          • Recreational Use
          • Industrial Use
      • Italy
        • Italy Legal Cannabis Market, By Source
          • Marijuana
            • Flowers
            • Oil and Tinctures
          • Hemp
            • Hemp CBD
            • Supplements
            • Industrial Hemp
        • Italy Legal Cannabis Market, By Derivative
          • CBD
          • THC
          • Others
        • Italy Legal Cannabis Market, By End Use
          • Medical Use
            • Cancer
            • Chronic Pain
            • Depression and Anxiety
            • Arthritis
            • Diabetes
            • Glaucoma
            • Migraines
            • Epilepsy
            • Multiple Sclerosis
            • AIDS
            • Amyotrophic Lateral Sclerosis
            • Alzheimer’s
            • Post-Traumatic Stress Disorder (PTSD)
            • Parkinson's
            • Tourette’s
            • Others
          • Recreational Use
          • Industrial Use
      • Poland
        • Poland Legal Cannabis Market, By Source
          • Marijuana
            • Flowers
            • Oil and Tinctures
          • Hemp
            • Hemp CBD
            • Supplements
            • Industrial Hemp
        • Poland Legal Cannabis Market, By Derivative
          • CBD
          • THC
          • Others
        • Poland Legal Cannabis Market, By End Use
          • Medical Use
            • Cancer
            • Chronic Pain
            • Depression and Anxiety
            • Arthritis
            • Diabetes
            • Glaucoma
            • Migraines
            • Epilepsy
            • Multiple Sclerosis
            • AIDS
            • Amyotrophic Lateral Sclerosis
            • Alzheimer’s
            • Post-Traumatic Stress Disorder (PTSD)
            • Parkinson's
            • Tourette’s
            • Others
          • Recreational Use
          • Industrial Use
      • Czech Republic
        • Czech Republic Legal Cannabis Market, By Source
          • Marijuana
            • Flowers
            • Oil and Tinctures
          • Hemp
            • Hemp CBD
            • Supplements
            • Industrial Hemp
        • Czech Republic Legal Cannabis Market, By Derivative
          • CBD
          • THC
          • Others
        • Czech Republic Legal Cannabis Market, By End Use
          • Medical Use
            • Cancer
            • Chronic Pain
            • Depression and Anxiety
            • Arthritis
            • Diabetes
            • Glaucoma
            • Migraines
            • Epilepsy
            • Multiple Sclerosis
            • AIDS
            • Amyotrophic Lateral Sclerosis
            • Alzheimer’s
            • Post-Traumatic Stress Disorder (PTSD)
            • Parkinson's
            • Tourette’s
            • Others
          • Recreational Use
          • Industrial Use
      • Switzerland
        • Switzerland Legal Cannabis Market, By Source
          • Marijuana
            • Flowers
            • Oil and Tinctures
          • Hemp
            • Hemp CBD
            • Supplements
            • Industrial Hemp
        • Switzerland Legal Cannabis Market, By Derivative
          • CBD
          • THC
          • Others
        • Switzerland Legal Cannabis Market, By End Use
          • Medical Use
            • Cancer
            • Chronic Pain
            • Depression and Anxiety
            • Arthritis
            • Diabetes
            • Glaucoma
            • Migraines
            • Epilepsy
            • Multiple Sclerosis
            • AIDS
            • Amyotrophic Lateral Sclerosis
            • Alzheimer’s
            • Post-Traumatic Stress Disorder (PTSD)
            • Parkinson's
            • Tourette’s
            • Others
          • Recreational Use
          • Industrial Use
      • Croatia
        • Croatia Legal Cannabis Market, By Source
          • Marijuana
            • Flowers
            • Oil and Tinctures
          • Hemp
            • Hemp CBD
            • Supplements
            • Industrial Hemp
        • Croatia Legal Cannabis Market, By Derivative
          • CBD
          • THC
          • Others
        • Croatia Legal Cannabis Market, By End Use
          • Medical Use
            • Cancer
            • Chronic Pain
            • Depression and Anxiety
            • Arthritis
            • Diabetes
            • Glaucoma
            • Migraines
            • Epilepsy
            • Multiple Sclerosis
            • AIDS
            • Amyotrophic Lateral Sclerosis
            • Alzheimer’s
            • Post-Traumatic Stress Disorder (PTSD)
            • Parkinson's
            • Tourette’s
            • Others
          • Recreational Use
          • Industrial Use
      • Netherlands
        • Netherlands Legal Cannabis Market, By Source
          • Marijuana
            • Flowers
            • Oil and Tinctures
          • Hemp
            • Hemp CBD
            • Supplements
            • Industrial Hemp
        • Netherlands Legal Cannabis Market, By Derivative
          • CBD
          • THC
          • Others
        • Netherlands Legal Cannabis Market, By End Use
          • Medical Use
            • Cancer
            • Chronic Pain
            • Depression and Anxiety
            • Arthritis
            • Diabetes
            • Glaucoma
            • Migraines
            • Epilepsy
            • Multiple Sclerosis
            • AIDS
            • Amyotrophic Lateral Sclerosis
            • Alzheimer’s
            • Post-Traumatic Stress Disorder (PTSD)
            • Parkinson's
            • Tourette’s
            • Others
          • Recreational Use
          • Industrial Use
      • Spain
        • Spain Legal Cannabis Market, By Source
          • Marijuana
            • Flowers
            • Oil and Tinctures
          • Hemp
            • Hemp CBD
            • Supplements
            • Industrial Hemp
        • Spain Legal Cannabis Market, By Derivative
          • CBD
          • THC
          • Others
        • Spain Legal Cannabis Market, By End Use
          • Medical Use
            • Cancer
            • Chronic Pain
            • Depression and Anxiety
            • Arthritis
            • Diabetes
            • Glaucoma
            • Migraines
            • Epilepsy
            • Multiple Sclerosis
            • AIDS
            • Amyotrophic Lateral Sclerosis
            • Alzheimer’s
            • Post-Traumatic Stress Disorder (PTSD)
            • Parkinson's
            • Tourette’s
            • Others
          • Recreational Use
          • Industrial Use
    • Asia
      • Asia Legal Cannabis Market, By Source
        • Marijuana
          • Flowers
          • Oil and Tinctures
        • Hemp
          • Hemp CBD
          • Supplements
          • Industrial Hemp
      • Asia Legal Cannabis Market, By Derivative
        • CBD
        • THC
        • Others
      • Asia Legal Cannabis Market, By End Use
        • Medical Use
          • Cancer
          • Chronic Pain
          • Depression and Anxiety
          • Arthritis
          • Diabetes
          • Glaucoma
          • Migraines
          • Epilepsy
          • Multiple Sclerosis
          • AIDS
          • Amyotrophic Lateral Sclerosis
          • Alzheimer’s
          • Post-Traumatic Stress Disorder (PTSD)
          • Parkinson's
          • Tourette’s
          • Others
        • Recreational Use
        • Industrial Use
      • Japan
        • Japan Legal Cannabis Market, By Source
          • Marijuana
            • Flowers
            • Oil and Tinctures
          • Hemp
            • Hemp CBD
            • Supplements
            • Industrial Hemp
        • Japan Legal Cannabis Market, By Derivative
          • CBD
          • THC
          • Others
        • Japan Legal Cannabis Market, By End Use
          • Medical Use
            • Cancer
            • Chronic Pain
            • Depression and Anxiety
            • Arthritis
            • Diabetes
            • Glaucoma
            • Migraines
            • Epilepsy
            • Multiple Sclerosis
            • AIDS
            • Amyotrophic Lateral Sclerosis
            • Alzheimer’s
            • Post-Traumatic Stress Disorder (PTSD)
            • Parkinson's
            • Tourette’s
            • Others
          • Recreational Use
          • Industrial Use
      • China
        • China Legal Cannabis Market, By Source
          • Marijuana
            • Flowers
            • Oil and Tinctures
          • Hemp
            • Hemp CBD
            • Supplements
            • Industrial Hemp
        • China Legal Cannabis Market, By Derivative
          • CBD
          • THC
          • Others
        • China Legal Cannabis Market, By End Use
          • Medical Use
            • Cancer
            • Chronic Pain
            • Depression and Anxiety
            • Arthritis
            • Diabetes
            • Glaucoma
            • Migraines
            • Epilepsy
            • Multiple Sclerosis
            • AIDS
            • Amyotrophic Lateral Sclerosis
            • Alzheimer’s
            • Post-Traumatic Stress Disorder (PTSD)
            • Parkinson's
            • Tourette’s
            • Others
          • Recreational Use
          • Industrial Use
      • India
        • India Legal Cannabis Market, By Source
          • Marijuana
            • Flowers
            • Oil and Tinctures
          • Hemp
            • Hemp CBD
            • Supplements
            • Industrial Hemp
        • India Legal Cannabis Market, By Derivative
          • CBD
          • THC
          • Others
        • India Legal Cannabis Market, By End Use
          • Medical Use
            • Cancer
            • Chronic Pain
            • Depression and Anxiety
            • Arthritis
            • Diabetes
            • Glaucoma
            • Migraines
            • Epilepsy
            • Multiple Sclerosis
            • AIDS
            • Amyotrophic Lateral Sclerosis
            • Alzheimer’s
            • Post-Traumatic Stress Disorder (PTSD)
            • Parkinson's
            • Tourette’s
            • Others
          • Recreational Use
          • Industrial Use
      • Thailand
        • Thailand Legal Cannabis Market, By Source
          • Marijuana
            • Flowers
            • Oil and Tinctures
          • Hemp
            • Hemp CBD
            • Supplements
            • Industrial Hemp
        • Thailand Legal Cannabis Market, By Derivative
          • CBD
          • THC
          • Others
        • Thailand Legal Cannabis Market, By End Use
          • Medical Use
            • Cancer
            • Chronic Pain
            • Depression and Anxiety
            • Arthritis
            • Diabetes
            • Glaucoma
            • Migraines
            • Epilepsy
            • Multiple Sclerosis
            • AIDS
            • Amyotrophic Lateral Sclerosis
            • Alzheimer’s
            • Post-Traumatic Stress Disorder (PTSD)
            • Parkinson's
            • Tourette’s
            • Others
          • Recreational Use
          • Industrial Use
    • Oceania
      • Oceania Legal Cannabis Market, By Source
        • Marijuana
          • Flowers
          • Oil and Tinctures
        • Hemp
          • Hemp CBD
          • Supplements
          • Industrial Hemp
      • Oceania Legal Cannabis Market, By Derivative
        • CBD
        • THC
        • Others
      • Oceania Legal Cannabis Market, By End Use
        • Medical Use
          • Cancer
          • Chronic Pain
          • Depression and Anxiety
          • Arthritis
          • Diabetes
          • Glaucoma
          • Migraines
          • Epilepsy
          • Multiple Sclerosis
          • AIDS
          • Amyotrophic Lateral Sclerosis
          • Alzheimer’s
          • Post-Traumatic Stress Disorder (PTSD)
          • Parkinson's
          • Tourette’s
          • Others
        • Recreational Use
        • Industrial Use
      • Australia
        • Australia Legal Cannabis Market, By Source
          • Marijuana
            • Flowers
            • Oil and Tinctures
          • Hemp
            • Hemp CBD
            • Supplements
            • Industrial Hemp
        • Australia Legal Cannabis Market, By Derivative
          • CBD
          • THC
          • Others
        • Australia Legal Cannabis Market, By End Use
          • Medical Use
            • Cancer
            • Chronic Pain
            • Depression and Anxiety
            • Arthritis
            • Diabetes
            • Glaucoma
            • Migraines
            • Epilepsy
            • Multiple Sclerosis
            • AIDS
            • Amyotrophic Lateral Sclerosis
            • Alzheimer’s
            • Post-Traumatic Stress Disorder (PTSD)
            • Parkinson's
            • Tourette’s
            • Others
          • Recreational Use
          • Industrial Use
      • New Zealand
        • New Zealand Legal Cannabis Market, By Source
          • Marijuana
            • Flowers
            • Oil and Tinctures
          • Hemp
            • Hemp CBD
            • Supplements
            • Industrial Hemp
        • New Zealand Legal Cannabis Market, By Derivative
          • CBD
          • THC
          • Others
        • New Zealand Legal Cannabis Market, By End Use
          • Medical Use
            • Cancer
            • Chronic Pain
            • Depression and Anxiety
            • Arthritis
            • Diabetes
            • Glaucoma
            • Migraines
            • Epilepsy
            • Multiple Sclerosis
            • AIDS
            • Amyotrophic Lateral Sclerosis
            • Alzheimer’s
            • Post-Traumatic Stress Disorder (PTSD)
            • Parkinson's
            • Tourette’s
            • Others
          • Recreational Use
          • Industrial Use
    • Latin America and Caribbean
      • Latin America and Caribbean Legal Cannabis Market, By Source
        • Marijuana
          • Flowers
          • Oil and Tinctures
        • Hemp
          • Hemp CBD
          • Supplements
          • Industrial Hemp
      • Latin America and Caribbean Legal Cannabis Market, By Derivative
        • CBD
        • THC
        • Others
      • Latin America and Caribbean Legal Cannabis Market, By End Use
        • Medical Use
          • Cancer
          • Chronic Pain
          • Depression and Anxiety
          • Arthritis
          • Diabetes
          • Glaucoma
          • Migraines
          • Epilepsy
          • Multiple Sclerosis
          • AIDS
          • Amyotrophic Lateral Sclerosis
          • Alzheimer’s
          • Post-Traumatic Stress Disorder (PTSD)
          • Parkinson's
          • Tourette’s
          • Others
        • Recreational Use
        • Industrial Use
      • Brazil
        • Brazil Legal Cannabis Market, By Source
          • Marijuana
            • Flowers
            • Oil and Tinctures
          • Hemp
            • Hemp CBD
            • Supplements
            • Industrial Hemp
        • Brazil Legal Cannabis Market, By Derivative
          • CBD
          • THC
          • Others
        • Brazil Legal Cannabis Market, By End Use
          • Medical Use
            • Cancer
            • Chronic Pain
            • Depression and Anxiety
            • Arthritis
            • Diabetes
            • Glaucoma
            • Migraines
            • Epilepsy
            • Multiple Sclerosis
            • AIDS
            • Amyotrophic Lateral Sclerosis
            • Alzheimer’s
            • Post-Traumatic Stress Disorder (PTSD)
            • Parkinson's
            • Tourette’s
            • Others
          • Recreational Use
          • Industrial Use
      • Mexico
        • Mexico Legal Cannabis Market, By Source
          • Marijuana
            • Flowers
            • Oil and Tinctures
          • Hemp
            • Hemp CBD
            • Supplements
            • Industrial Hemp
        • Mexico Legal Cannabis Market, By Derivative
          • CBD
          • THC
          • Others
        • Mexico Legal Cannabis Market, By End Use
          • Medical Use
            • Cancer
            • Chronic Pain
            • Depression and Anxiety
            • Arthritis
            • Diabetes
            • Glaucoma
            • Migraines
            • Epilepsy
            • Multiple Sclerosis
            • AIDS
            • Amyotrophic Lateral Sclerosis
            • Alzheimer’s
            • Post-Traumatic Stress Disorder (PTSD)
            • Parkinson's
            • Tourette’s
            • Others
          • Recreational Use
          • Industrial Use
      • Uruguay
        • Uruguay Legal Cannabis Market, By Source
          • Marijuana
            • Flowers
            • Oil and Tinctures
          • Hemp
            • Hemp CBD
            • Supplements
            • Industrial Hemp
        • Uruguay Legal Cannabis Market, By Derivative
          • CBD
          • THC
          • Others
        • Uruguay Legal Cannabis Market, By End Use
          • Medical Use
            • Cancer
            • Chronic Pain
            • Depression and Anxiety
            • Arthritis
            • Diabetes
            • Glaucoma
            • Migraines
            • Epilepsy
            • Multiple Sclerosis
            • AIDS
            • Amyotrophic Lateral Sclerosis
            • Alzheimer’s
            • Post-Traumatic Stress Disorder (PTSD)
            • Parkinson's
            • Tourette’s
            • Others
          • Recreational Use
          • Industrial Use
      • Colombia
        • Colombia Legal Cannabis Market, By Source
          • Marijuana
            • Flowers
            • Oil and Tinctures
          • Hemp
            • Hemp CBD
            • Supplements
            • Industrial Hemp
        • Colombia Legal Cannabis Market, By Derivative
          • CBD
          • THC
          • Others
        • Colombia Legal Cannabis Market, By End Use
          • Medical Use
            • Cancer
            • Chronic Pain
            • Depression and Anxiety
            • Arthritis
            • Diabetes
            • Glaucoma
            • Migraines
            • Epilepsy
            • Multiple Sclerosis
            • AIDS
            • Amyotrophic Lateral Sclerosis
            • Alzheimer’s
            • Post-Traumatic Stress Disorder (PTSD)
            • Parkinson's
            • Tourette’s
            • Others
          • Recreational Use
          • Industrial Use
    • Africa
      • Africa Legal Cannabis Market, By Source
        • Marijuana
          • Flowers
          • Oil and Tinctures
        • Hemp
          • Hemp CBD
          • Supplements
          • Industrial Hemp
      • Africa Legal Cannabis Market, By Derivative
        • CBD
        • THC
        • Others
      • Africa Legal Cannabis Market, By End Use
        • Medical Use
          • Cancer
          • Chronic Pain
          • Depression and Anxiety
          • Arthritis
          • Diabetes
          • Glaucoma
          • Migraines
          • Epilepsy
          • Multiple Sclerosis
          • AIDS
          • Amyotrophic Lateral Sclerosis
          • Alzheimer’s
          • Post-Traumatic Stress Disorder (PTSD)
          • Parkinson's
          • Tourette’s
          • Others
        • Recreational Use
        • Industrial Use

Legal Cannabis Market Dynamics

Driver: Growing adoption of medical marijuana for treatment of chronic diseases

The recent legalization of marijuana in several countries has sparked a global trend in its use for medical purposes. This natural remedy is proving to be effective in treating patients with chronic conditions such as Parkinson's disease, cancer, arthritis, and Alzheimer's disease, as well as neurological disorders like depression, anxiety, and epilepsy. As a result, the widespread application of medical marijuana has led to its increased adoption for the treatment of various chronic ailments. The rising prevalence of cancer, which remains the leading cause of death worldwide, is anticipated to be a significant driving factor for the growth of the medical marijuana market in the coming years. According to the International Agency for Research on Cancer (IARC), approximately 10 million deaths were attributed to cancer in 2020 alone. Furthermore, the escalating burden of chronic pain and the growing need for effective pain management therapies across the globe are expected to fuel the demand for medical marijuana in the foreseeable future.

Driver: Growing legalization of medical marijuana in various countries

The marijuana market is subject to strict regulations, and the use of marijuana for medical purposes is still considered illegal in the majority of countries. However, there has been a significant shift in the United States, with approximately 30 states legalizing medical marijuana and a growing political movement advocating for its legalization in other states. This trend is expected to continue, with more states likely to follow suit. Additionally, countries such as Canada, Israel, and certain European and South American countries have already legalized medical marijuana due to its numerous therapeutic benefits. Legalizing medical marijuana in these countries is anticipated to drive revenue growth. Moreover, some countries, like the Netherlands, have adopted more lenient laws regarding marijuana use, while others have decriminalized its use and are now moving towards complete legalization.

Restraint: Lower market access to marijuana due to the absence of legalization programs in several Asian and African countries

Middle Eastern and Asian nations seldom endorse the utilization of marijuana, even for medicinal reasons. These countries enforce strict laws and impose severe penalties on individuals caught or discovered consuming cannabis, and they are not inclined to relax or decriminalize these laws. Consequently, only a handful of countries have legalized the medical use of marijuana. For example, Indonesia's drug regulations entail life imprisonment, fines of up to USD 1.2 million, and even the death penalty for the consumption of illicit drugs. This is anticipated to impede the growth of the medical marijuana market in these regions. Additionally, the rising demand for medical marijuana coupled with its scarcity or unavailability due to stringent regulations and slow or non-existent legalization processes are factors that contribute to the illicit use of medical marijuana, further obstructing market expansion in the area.

What Does This Report Include?

This section will provide insights into the contents included in this legal cannabis market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Legal cannabis market qualitative analysis

  • Industry overview

  • Industry trends

  • Market drivers and restraints

  • Market size

  • Growth prospects

  • Porter’s analysis

  • PESTEL analysis

  • Key market opportunities prioritized

  • Competitive landscape

    • Company overview

    • Financial performance

    • Product benchmarking

    • Latest strategic developments

Legal cannabis market quantitative analysis

  • Market size, estimates, and forecast from 2016 to 2030

  • Market estimates and forecast for product segments up to 2030

  • Regional market size and forecast for product segments up to 2030

  • Market estimates and forecast for application segments up to 2030

  • Regional market size and forecast for application segments up to 2030

  • Company financial performance

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