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Legal Cannabis Market

Published Jul 01, 2025
Length 185 Pages
SKU # PRMI20695510

Description

Legal Cannabis Market Size, Share, By Product Type (Flower Buds, Concentrates, Edibles, Oil & Tinctures, Topicals and Others), Source (Marijuana and Hemp), Species (Cannabis Sativa, Cannabis Indica, and Cannabis Ruderalis), End User (Patients, Adult Consumers, Pharmaceutical Companies, Research Institutes, Beauty & Personal Care Industry, and Others), Trends, Analysis, and Forecast till 2035

The Legal Cannabis Market Report offers an in-depth exploration of emerging market trends, driving factors, challenges, and key segments that shape the industry. It includes a thorough examination of regulatory frameworks, company profiles, and the latest industry developments. The report delves into product development, positioning strategies, and the impact of new technologies on the market landscape. By identifying challenges and opportunities, the report provides a detailed roadmap for market growth.

Cannabis is a genus of flowering plant, and use dates thousands of years back, with consumption based on reputable and accepted therapeutic and medical benefits. The social and spiritual exploitation of it is also well documented. One of the primary growth drivers is the expansion of legal efforts worldwide, not just for medical use, but more and more for adults (entertainment) in countries such as Germany, Thailand and Latin America.

Report Highlights:

Legal cannabis market size is accounted for USD 46.3 Billion in 2025.

Legal cannabis market size is estimated to be valuated at USD 374.3 Billion by 2035 and at a registered CAGR of 25.8 %.

By Globally, across the legal cannabis market, flower buds continue to dominate as the leading product type

Marijuana is the dominant source in the legal cannabis market

Cannabis sativa is the dominant segment in the legal cannabis market share.

Adult customers are the dominant end user segment in the global legal cannabis market share.

Asia Pacific is emerging as a promising leader and increasingly dominant field in the global legal cannabis market size.

North America is the second most dominant region of the legal cannabis market share.

Key Highlights:
  • In March 2025, Tilray Medical announced the expansion of its medical cannabis extract portfolio in Germany that is THC50 CBD50 (25?ml) and the smaller THC10 CBD10 (10?ml) formulation. Tilray's new medical cannabis offerings in Germany includes the introduction of an additional product size for its top-selling medical cannabis extract, along with a new formulation aimed at addressing the diverse needs of patients and healthcare providers.
  • In February 2025, Cronos Group expanded its premium edible portfolio with the launch of Lord Jones Chocolate Fusions -In large size, Multi-texture CBD/THC chocolate treats in flavors like fudge brownie bite, salted caramel crunch and cakes and cream. The new line quickly secured a market share of 9.6%, making it the third best-selling chocolate cannabis edible in Canada.
Report Analysis:

Military 5G Solutions in Aerospace and Defense Market:

The United Nations Single Convention on Drugs, 1961 (Single Convention), was the first comprehensive legal framework that consolidated previously drafted drug control treaties established between 1912 and 1953. The Convention aims to systematically control and prohibit the production, manufacture, export, import, distribution, and trade of narcotic drugs, restricting their use exclusively to medical and scientific purposes.

It includes four schedules of controlled substances and provides a mechanism for adding new substances to these schedules without fundamentally altering the Convention itself. As a result, all substances listed must be regulated and controlled in accordance with the schedule under which they are classified.

Segmentation:

By Product Type:
  • Flower Buds
  • Concentrates
  • Edibles
  • Oil & Tinctures
  • Topicals
  • Others
By Source:
  • Marijuana
  • Hemp
By Species:
  • Cannabis Sativa
  • Cannabis Indica
  • Cannabis Ruderalis
By End User:
  • Patients
  • Adult Consumers
  • Pharmaceutical Companies
  • Research Institutes
  • Beauty & Personal Care Industry
  • Others
By Region:
  • North America
o U.S.

o Canada
  • Europe
o Germany

o U.K.

o France

o Russia

o Italy

o Spain

o Netherlands

o Rest of Europe
  • Asia Pacific
o China

o India

o Japan

o Australia

o Indonesia

o Malaysia

o South Korea

o Rest of Asia Pacific
  • Latin America
o Brazil

o Mexico

o Argentina

o Rest of Latin America
  • Middle East & Africa
o GCC

o Israel

o South Africa

o Rest of Middle East & Africa

Legal Cannabis Market Companies:

Canopy Growth Corporation

Charlotte’s Web, Inc.

Medipharm Labs

Aurora Cannabis Inc.

Tilray

VERANO

Glass House Brands Inc.

Organigram Global

Green Thumb Industries (GTI)

The Cronos Group

Jazz Pharmaceuticals, Inc.

Sndl Inc.

NuLeaf Naturals, LLC

Irwin Naturals

What You’ll Gain from This Report:
  • Pinpoint Lucrative Opportunities: Access granular analysis of regional and country-level markets, identifying underserved segments and optimal areas for investment and expansion.
  • Navigate Market Entry with Confidence: Leverage expert frameworks to sidestep common pitfalls, accelerate your market penetration, and build a sustainable competitive advantage from day one.
  • Future-Proof Your Investments: Base your long-term plans on robust, data-validated forecasts through 2035, with clear strategic checkpoints for 2025, 2026, and 2030.
  • Decode the Competitive Landscape: Gain an unobstructed view of your rivals' playbooks, from their core strategies to their latest moves, allowing you to anticipate shifts and seize the initiative.
  • Optimize for Profitability and Growth: Implement proven, segment-specific strategies designed to enhance operational efficiency, capture market share, and drive your bottom line.
  • Harness Supply Chain Innovation: Discover how cutting-edge technologies are redefining logistics and procurement, creating new opportunities for cost reduction and value creation.
FAQs:

Key Questions Answered in the Report.

1. What was the Legal Cannabis Market size in 2025?

2. What is projected growth rate of the Legal Cannabis Market during 2025-2035?

3. What are the key factors driving the Legal Cannabis Market growth?

4. What are leading players in the Legal Cannabis Market?

5. What are the key regions analyzed in the Legal Cannabis Market?

6. Which region is dominating in the Legal Cannabis Market?

Table of Contents

185 Pages
Legal Cannabis Table of Contents
Research Objective and Assumption
Research Objectives
Assumptions
Abbreviations
Market Preview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product Type
Market Snippet, By Source
Market Snippet, By Species
Market Snippet, By End User
Opportunity Map Analysis
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Market Trends
Product Launch
Merger and Acquisitions
Impact Analysis
PEST Analysis
Porter’s Analysis
Collaboration and Partnerships
New Product Launch
Medical Applications
Business Compliance
State-Level Variations
Market Segmentation, By Product Type, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Flower Buds
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Concentrates
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Edibles
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Oil & Tinctures
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Topicals
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Source, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Marijuana
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Hemp
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Species, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Cannabis Sativa
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Cannabis Indica
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Cannabis Ruderalis
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By End User, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Patients
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Adult Consumers
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Pharmaceutical Companies
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Research Institutes
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Beauty & Personal Care Industry
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Regional Trends
North America
Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Source, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Species, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
U.S.
Canada
Asia Pacific
Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Source, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Species, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
China
India
Japan
Australia
Indonesia
Malaysia
South Korea
Rest of Asia Pacific
Europe
Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Source, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Species, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
Germany
U.K.
France
Russia
Italy
Spain
Netherlands
Rest of Europe
Latin America
Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Source, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Species, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
Brazil
Mexico
Argentina
Rest of Latin America
Middle East and Africa
Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Source, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Species, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
GCC
Israel
South Africa
Rest of Middle East & Africa
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