Cannabis Extract Market - Top Companies and Manufacturers

Companies Dominating the Cannabis Extract Landscape

The global cannabis extract market is quiet competitive, comprising key players operating at global and regional levels. As there is steady legalization of cannabis in certain countries, manufacturers are inclining towards partnering for cultivation, extraction and distribution of cannabis extracts. These companies are focused on expanding their product base and strengthening their positing in the market by adopting several strategies such as collaborations, joint ventures, partnerships, and product launches.

Some of the key players in the market include:

Kynd Cannabis Company
- Company Overview
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- Financial Performance
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- Recent Development
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Organa Brands
Colorado Cannabis Company
Peridot Labs
Canopy Growth Corporation
Aurora Cannabis
Maricann Inc.
Aphria Inc.
Tikun Olam
The Cronos Group
Glow LifeTech Corp
Cannabis Science Inc.
STENOCARE

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Cannabis Extract Market Size & Share, Growth Report 2036

In the News

In May 2024, STENOCARE announced the launch of its innovative next-generation medical cannabis product 6 months ahead of schedule. The product is a cannabis oil featuring a patented oil technology, enhancing the bioavailability of the active ingredients present.
In Aug 2023, Glow LifeTech Corp, received the first product listing and initial purchase orders for its newly launched MOD THC Berry drops from Ontario Cannabis Store. MOD THC Berry drops are naturally flavored water-soluble drops prepared using Glow’s proprietary MyCell Technology.

Frequently Asked Questions (FAQ)

The cannabis extract market size was over USD 11.7 billion in 2023.

The market size of the cannabis extract market is expected to reach USD 95.3 billion by the end of 2036 and expand at a CAGR of 19.1% during the forecast period i.e., between 2024-2036.

The major players dominating the cannabis extract market include Kynd Cannabis Company, Organa Brands, Colorado Cannabis Company, Peridot Labs, Canopy Growth Corporation, Aurora Cannabis, Maricann Inc., Aphria Inc., Tikun Olam, The Cronos Group, Cannabis Science Inc., STENOCARE, and others.

The conventional segment is expected to continue dominating the market between 2024 and 2036 due to higher potency of conventional cannabis extracts in comparison with raw cannabis flower.

North America cannabis market is expected to account for 33% of the market share during the forecast period and provide more business opportunities in the future.

Cannabis Extract Market - Top Companies and Manufacturers

Companies Dominating the Cannabis Extract Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the cannabis extract market?

What is the outlook for the cannabis extract market?

Who are the major key players dominating the cannabis extract market?

Which type segment is expected to account for significant market share in the cannabis extract market by 2036?

Which region will provide more business opportunities for growth of the cannabis extract market in the future?