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Cannabis in North America

Publisher GlobalData
Published Aug 07, 2025
Length 43 Pages
SKU # GBDT20492684

Description

Cannabis in North America

Summary

Cannabis in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Cannabis refers to a group of three psychoactive plants: Cannabis sativa, Cannabis indica, and Cannabis ruderalis. Our market scope includes both recreational and medicinal uses of cannabis, which are governed by regulated operations. This encompasses licensing, taxation, and strict adherence to safety standards. Market value refers to revenue generated by market players in a specific year.
  • The North American cannabis market recorded revenues of $39,112.7 million in 2024, representing a compound annual growth rate (CAGR) of 20.4% between 2019 and 2024.
  • The recreational use segment accounted for the market's largest proportion in 2024, with total revenues of $26,879 million, equivalent to 68.7% of the market's overall value.
  • The US accounted for the largest share of 91.4% of the North American cannabis market in 2024.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the cannabis market in North America
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the cannabis market in North America
  • Leading company profiles reveal details of key cannabis market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the North America cannabis market with five year forecasts
Reasons to Buy
  • What was the size of the North America cannabis market by value in 2024?
  • What will be the size of the North America cannabis market in 2029?
  • What factors are affecting the strength of competition in the North America cannabis market?
  • How has the market performed over the last five years?
  • What are the main segments that make up North America's cannabis market?

Table of Contents

43 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the recent developments in the market?
8 Company Profiles
8.1. Canopy Growth Corp
8.2. Tilray Brands Inc
8.3. Green Thumb Industries Inc
8.4. Curaleaf Holdings Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related GlobalData research
10.4. About GlobalData
List of Tables
Table 1: North America cannabis market value: $ million, 2019-24
Table 2: North America cannabis market category segmentation: % share, by value, 2019-24
Table 3: North America cannabis market category segmentation: $ million, 2019-24
Table 4: North America cannabis market geography segmentation: $ million, 2024
Table 5: North America cannabis market value forecast: $ million, 2024-29
Table 6: Canopy Growth Corp: Key Facts
Table 7: Canopy Growth Corp: annual financial ratios
Table 8: Canopy Growth Corp: key employees
Table 9: Tilray Brands Inc: Key Facts
Table 10: Tilray Brands Inc: annual financial ratios
Table 11: Tilray Brands Inc: key employees
Table 12: Green Thumb Industries Inc: Key Facts
Table 13: Green Thumb Industries Inc: annual financial ratios
Table 14: Green Thumb Industries Inc: key employees
Table 15: Curaleaf Holdings Inc: Key Facts
Table 16: Curaleaf Holdings Inc: annual financial ratios
Table 17: Curaleaf Holdings Inc: key employees
Table 18: North America Exchange Rate, 2019-24
List of Figures
Figure 1: North America cannabis market value: $ million, 2019-24
Figure 2: North America cannabis market category segmentation: $ million, 2019-24
Figure 3: North America cannabis market geography segmentation: % share, by value, 2024
Figure 4: North America cannabis market value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the cannabis market in North America, 2024
Figure 6: Drivers of buyer power in the cannabis market in North America, 2024
Figure 7: Drivers of supplier power in the cannabis market in North America, 2024
Figure 8: Factors influencing the likelihood of new entrants in the cannabis market in North America, 2024
Figure 9: Factors influencing the threat of substitutes in the cannabis market in North America, 2024
Figure 10: Drivers of degree of rivalry in the cannabis market in North America, 2024

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