Legal Cannabis Market
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:
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:
o Canada
o U.K.
o France
o Russia
o Italy
o Spain
o Netherlands
o Rest of Europe
o India
o Japan
o Australia
o Indonesia
o Malaysia
o South Korea
o Rest of Asia Pacific
o Mexico
o Argentina
o Rest of Latin America
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:
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?
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.
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
- Marijuana
- Hemp
- Cannabis Sativa
- Cannabis Indica
- Cannabis Ruderalis
- Patients
- Adult Consumers
- Pharmaceutical Companies
- Research Institutes
- Beauty & Personal Care Industry
- Others
- North America
o Canada
- Europe
o U.K.
o France
o Russia
o Italy
o Spain
o Netherlands
o Rest of Europe
- Asia Pacific
o India
o Japan
o Australia
o Indonesia
o Malaysia
o South Korea
o Rest of Asia Pacific
- Latin America
o Mexico
o Argentina
o Rest of Latin America
- Middle East & Africa
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.
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
Pricing
Currency Rates
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