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Legal Cannabis-Global Market Insights and Sales Trends 2025
Synopsis
Cannabis is also known as hemp. Cannabis is a popular recreational drug around the world, only behind alcohol, caffeine and tobacco. In the United States alone, it is believed that over 100 million Americans have tried cannabis. Cannabis for industrial uses is valuable in tens of thousands of commercial products, especially as fibre ranging from paper, cordage, construction material and textiles in general, to clothing. Hemp is stronger and longer-lasting than cotton. It also is a useful source of foodstuffs (hemp milk, hemp seed, hemp oil) and biofuels. Hemp has been used by many civilizations, from China to Europe (and later North America) during the last 12,000 years. In modern times novel applications and improvements have been explored with modest commercial success.
The global Legal Cannabis market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Legal Cannabis in various end use industries. The expanding demands from the Chronic Pain, Mental Disorders, Cancer and Others, are propelling Legal Cannabis market. Buds, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Oils segment is estimated at % CAGR for the next seven-year period.
The legality of cannabis for medical and recreational use varies by country, in terms of its possession, distribution, and cultivation, and (in regards to medical) how it can be consumed and what medical conditions it can be used for. Countries that have legalized the medical use of cannabis include Australia, Canada, Chile, Colombia, Germany, Greece, Israel, Italy, the Netherlands, Peru, Poland, and the United Kingdom. Others have more restrictive laws that only allow the use of certain cannabinoid drugs, such as Sativex or Marinol.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Legal Cannabis, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Legal Cannabis market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Legal Cannabis market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Legal Cannabis sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Legal Cannabis covered in this report include Aurora Cannabis, Bhang Corporation, Canopy Growth Corporation, Medical Marijuana, Mentor Capital, Cannoid, CBD American Shaman, CV Sciences and Elixinol, etc.
The global Legal Cannabis market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Aurora Cannabis
Bhang Corporation
Canopy Growth Corporation
Medical Marijuana
Mentor Capital
Cannoid
CBD American Shaman
CV Sciences
Elixinol
Folium Biosciences
IRIE CBD
Meadow Care
mCig
NuLeaf Naturals
Pharmahemp
Terra Tech
United Cannabis
Global Legal Cannabis market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Legal Cannabis market, Segment by Type:
Buds
Oils
Others
Global Legal Cannabis market, by Application
Chronic Pain
Mental Disorders
Cancer
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Legal Cannabis manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Legal Cannabis in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Cannabis is also known as hemp. Cannabis is a popular recreational drug around the world, only behind alcohol, caffeine and tobacco. In the United States alone, it is believed that over 100 million Americans have tried cannabis. Cannabis for industrial uses is valuable in tens of thousands of commercial products, especially as fibre ranging from paper, cordage, construction material and textiles in general, to clothing. Hemp is stronger and longer-lasting than cotton. It also is a useful source of foodstuffs (hemp milk, hemp seed, hemp oil) and biofuels. Hemp has been used by many civilizations, from China to Europe (and later North America) during the last 12,000 years. In modern times novel applications and improvements have been explored with modest commercial success.
The global Legal Cannabis market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Legal Cannabis in various end use industries. The expanding demands from the Chronic Pain, Mental Disorders, Cancer and Others, are propelling Legal Cannabis market. Buds, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Oils segment is estimated at % CAGR for the next seven-year period.
The legality of cannabis for medical and recreational use varies by country, in terms of its possession, distribution, and cultivation, and (in regards to medical) how it can be consumed and what medical conditions it can be used for. Countries that have legalized the medical use of cannabis include Australia, Canada, Chile, Colombia, Germany, Greece, Israel, Italy, the Netherlands, Peru, Poland, and the United Kingdom. Others have more restrictive laws that only allow the use of certain cannabinoid drugs, such as Sativex or Marinol.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Legal Cannabis, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Legal Cannabis market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Legal Cannabis market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Legal Cannabis sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Legal Cannabis covered in this report include Aurora Cannabis, Bhang Corporation, Canopy Growth Corporation, Medical Marijuana, Mentor Capital, Cannoid, CBD American Shaman, CV Sciences and Elixinol, etc.
The global Legal Cannabis market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Aurora Cannabis
Bhang Corporation
Canopy Growth Corporation
Medical Marijuana
Mentor Capital
Cannoid
CBD American Shaman
CV Sciences
Elixinol
Folium Biosciences
IRIE CBD
Meadow Care
mCig
NuLeaf Naturals
Pharmahemp
Terra Tech
United Cannabis
Global Legal Cannabis market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Legal Cannabis market, Segment by Type:
Buds
Oils
Others
Global Legal Cannabis market, by Application
Chronic Pain
Mental Disorders
Cancer
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Legal Cannabis manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Legal Cannabis in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Legal Cannabis Market Overview
1.1 Legal Cannabis Product Overview
1.2 Legal Cannabis Market Segment by Type
1.2.1 Buds
1.2.2 Oils
1.2.3 Others
1.3 Global Legal Cannabis Market Size by Type
1.3.1 Global Legal Cannabis Market Size Overview by Type (2018-2029)
1.3.2 Global Legal Cannabis Historic Market Size Review by Type (2018-2023)
1.3.3 Global Legal Cannabis Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Legal Cannabis Sales Breakdown by Type (2018-2023)
1.4.2 Europe Legal Cannabis Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Legal Cannabis Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Legal Cannabis Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Legal Cannabis Sales Breakdown by Type (2018-2023)
2 Global Legal Cannabis Market Competition by Company
2.1 Global Top Players by Legal Cannabis Sales (2018-2023)
2.2 Global Top Players by Legal Cannabis Revenue (2018-2023)
2.3 Global Top Players by Legal Cannabis Price (2018-2023)
2.4 Global Top Manufacturers Legal Cannabis Manufacturing Base Distribution, Sales Area, Product Type
2.5 Legal Cannabis Market Competitive Situation and Trends
2.5.1 Legal Cannabis Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Legal Cannabis Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Legal Cannabis as of 2022)
2.7 Date of Key Manufacturers Enter into Legal Cannabis Market
2.8 Key Manufacturers Legal Cannabis Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Legal Cannabis Status and Outlook by Region
3.1 Global Legal Cannabis Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Legal Cannabis Historic Market Size by Region
3.2.1 Global Legal Cannabis Sales in Volume by Region (2018-2023)
3.2.2 Global Legal Cannabis Sales in Value by Region (2018-2023)
3.2.3 Global Legal Cannabis Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Legal Cannabis Forecasted Market Size by Region
3.3.1 Global Legal Cannabis Sales in Volume by Region (2024-2029)
3.3.2 Global Legal Cannabis Sales in Value by Region (2024-2029)
3.3.3 Global Legal Cannabis Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Legal Cannabis by Application
4.1 Legal Cannabis Market Segment by Application
4.1.1 Chronic Pain
4.1.2 Mental Disorders
4.1.3 Cancer
4.1.4 Others
4.2 Global Legal Cannabis Market Size by Application
4.2.1 Global Legal Cannabis Market Size Overview by Application (2018-2029)
4.2.2 Global Legal Cannabis Historic Market Size Review by Application (2018-2023)
4.2.3 Global Legal Cannabis Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Legal Cannabis Sales Breakdown by Application (2018-2023)
4.3.2 Europe Legal Cannabis Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Legal Cannabis Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Legal Cannabis Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Legal Cannabis Sales Breakdown by Application (2018-2023)
5 North America Legal Cannabis by Country
5.1 North America Legal Cannabis Historic Market Size by Country
5.1.1 North America Legal Cannabis Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Legal Cannabis Sales in Volume by Country (2018-2023)
5.1.3 North America Legal Cannabis Sales in Value by Country (2018-2023)
5.2 North America Legal Cannabis Forecasted Market Size by Country
5.2.1 North America Legal Cannabis Sales in Volume by Country (2024-2029)
5.2.2 North America Legal Cannabis Sales in Value by Country (2024-2029)
6 Europe Legal Cannabis by Country
6.1 Europe Legal Cannabis Historic Market Size by Country
6.1.1 Europe Legal Cannabis Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Legal Cannabis Sales in Volume by Country (2018-2023)
6.1.3 Europe Legal Cannabis Sales in Value by Country (2018-2023)
6.2 Europe Legal Cannabis Forecasted Market Size by Country
6.2.1 Europe Legal Cannabis Sales in Volume by Country (2024-2029)
6.2.2 Europe Legal Cannabis Sales in Value by Country (2024-2029)
7 Asia-Pacific Legal Cannabis by Region
7.1 Asia-Pacific Legal Cannabis Historic Market Size by Region
7.1.1 Asia-Pacific Legal Cannabis Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Legal Cannabis Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Legal Cannabis Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Legal Cannabis Forecasted Market Size by Region
7.2.1 Asia-Pacific Legal Cannabis Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Legal Cannabis Sales in Value by Region (2024-2029)
8 Latin America Legal Cannabis by Country
8.1 Latin America Legal Cannabis Historic Market Size by Country
8.1.1 Latin America Legal Cannabis Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Legal Cannabis Sales in Volume by Country (2018-2023)
8.1.3 Latin America Legal Cannabis Sales in Value by Country (2018-2023)
8.2 Latin America Legal Cannabis Forecasted Market Size by Country
8.2.1 Latin America Legal Cannabis Sales in Volume by Country (2024-2029)
8.2.2 Latin America Legal Cannabis Sales in Value by Country (2024-2029)
9 Middle East and Africa Legal Cannabis by Country
9.1 Middle East and Africa Legal Cannabis Historic Market Size by Country
9.1.1 Middle East and Africa Legal Cannabis Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Legal Cannabis Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Legal Cannabis Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Legal Cannabis Forecasted Market Size by Country
9.2.1 Middle East and Africa Legal Cannabis Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Legal Cannabis Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Aurora Cannabis
10.1.1 Aurora Cannabis Company Information
10.1.2 Aurora Cannabis Introduction and Business Overview
10.1.3 Aurora Cannabis Legal Cannabis Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Aurora Cannabis Legal Cannabis Products Offered
10.1.5 Aurora Cannabis Recent Development
10.2 Bhang Corporation
10.2.1 Bhang Corporation Company Information
10.2.2 Bhang Corporation Introduction and Business Overview
10.2.3 Bhang Corporation Legal Cannabis Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Bhang Corporation Legal Cannabis Products Offered
10.2.5 Bhang Corporation Recent Development
10.3 Canopy Growth Corporation
10.3.1 Canopy Growth Corporation Company Information
10.3.2 Canopy Growth Corporation Introduction and Business Overview
10.3.3 Canopy Growth Corporation Legal Cannabis Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Canopy Growth Corporation Legal Cannabis Products Offered
10.3.5 Canopy Growth Corporation Recent Development
10.4 Medical Marijuana
10.4.1 Medical Marijuana Company Information
10.4.2 Medical Marijuana Introduction and Business Overview
10.4.3 Medical Marijuana Legal Cannabis Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Medical Marijuana Legal Cannabis Products Offered
10.4.5 Medical Marijuana Recent Development
10.5 Mentor Capital
10.5.1 Mentor Capital Company Information
10.5.2 Mentor Capital Introduction and Business Overview
10.5.3 Mentor Capital Legal Cannabis Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Mentor Capital Legal Cannabis Products Offered
10.5.5 Mentor Capital Recent Development
10.6 Cannoid
10.6.1 Cannoid Company Information
10.6.2 Cannoid Introduction and Business Overview
10.6.3 Cannoid Legal Cannabis Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Cannoid Legal Cannabis Products Offered
10.6.5 Cannoid Recent Development
10.7 CBD American Shaman
10.7.1 CBD American Shaman Company Information
10.7.2 CBD American Shaman Introduction and Business Overview
10.7.3 CBD American Shaman Legal Cannabis Sales, Revenue and Gross Margin (2018-2023)
10.7.4 CBD American Shaman Legal Cannabis Products Offered
10.7.5 CBD American Shaman Recent Development
10.8 CV Sciences
10.8.1 CV Sciences Company Information
10.8.2 CV Sciences Introduction and Business Overview
10.8.3 CV Sciences Legal Cannabis Sales, Revenue and Gross Margin (2018-2023)
10.8.4 CV Sciences Legal Cannabis Products Offered
10.8.5 CV Sciences Recent Development
10.9 Elixinol
10.9.1 Elixinol Company Information
10.9.2 Elixinol Introduction and Business Overview
10.9.3 Elixinol Legal Cannabis Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Elixinol Legal Cannabis Products Offered
10.9.5 Elixinol Recent Development
10.10 Folium Biosciences
10.10.1 Folium Biosciences Company Information
10.10.2 Folium Biosciences Introduction and Business Overview
10.10.3 Folium Biosciences Legal Cannabis Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Folium Biosciences Legal Cannabis Products Offered
10.10.5 Folium Biosciences Recent Development
10.11 IRIE CBD
10.11.1 IRIE CBD Company Information
10.11.2 IRIE CBD Introduction and Business Overview
10.11.3 IRIE CBD Legal Cannabis Sales, Revenue and Gross Margin (2018-2023)
10.11.4 IRIE CBD Legal Cannabis Products Offered
10.11.5 IRIE CBD Recent Development
10.12 Meadow Care
10.12.1 Meadow Care Company Information
10.12.2 Meadow Care Introduction and Business Overview
10.12.3 Meadow Care Legal Cannabis Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Meadow Care Legal Cannabis Products Offered
10.12.5 Meadow Care Recent Development
10.13 mCig
10.13.1 mCig Company Information
10.13.2 mCig Introduction and Business Overview
10.13.3 mCig Legal Cannabis Sales, Revenue and Gross Margin (2018-2023)
10.13.4 mCig Legal Cannabis Products Offered
10.13.5 mCig Recent Development
10.14 NuLeaf Naturals
10.14.1 NuLeaf Naturals Company Information
10.14.2 NuLeaf Naturals Introduction and Business Overview
10.14.3 NuLeaf Naturals Legal Cannabis Sales, Revenue and Gross Margin (2018-2023)
10.14.4 NuLeaf Naturals Legal Cannabis Products Offered
10.14.5 NuLeaf Naturals Recent Development
10.15 Pharmahemp
10.15.1 Pharmahemp Company Information
10.15.2 Pharmahemp Introduction and Business Overview
10.15.3 Pharmahemp Legal Cannabis Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Pharmahemp Legal Cannabis Products Offered
10.15.5 Pharmahemp Recent Development
10.16 Terra Tech
10.16.1 Terra Tech Company Information
10.16.2 Terra Tech Introduction and Business Overview
10.16.3 Terra Tech Legal Cannabis Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Terra Tech Legal Cannabis Products Offered
10.16.5 Terra Tech Recent Development
10.17 United Cannabis
10.17.1 United Cannabis Company Information
10.17.2 United Cannabis Introduction and Business Overview
10.17.3 United Cannabis Legal Cannabis Sales, Revenue and Gross Margin (2018-2023)
10.17.4 United Cannabis Legal Cannabis Products Offered
10.17.5 United Cannabis Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Legal Cannabis Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Legal Cannabis Industrial Chain Analysis
11.4 Legal Cannabis Market Dynamics
11.4.1 Legal Cannabis Industry Trends
11.4.2 Legal Cannabis Market Drivers
11.4.3 Legal Cannabis Market Challenges
11.4.4 Legal Cannabis Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Legal Cannabis Distributors
12.3 Legal Cannabis Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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