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Legal Marijuana Market Share

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Report ID: 2833
Published Date: Oct 18, 2024
Report Format: PDF, PPT

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Legal Marijuana Market Share

On the basis of regional analysis, the legal marijuana market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

North America industry is anticipated to hold largest revenue share by 2036, attributed to increasing legalization of marijuana in the region for usage in pharmaceutical sector. Moreover, the increasing research and development activities in the region are anticipated to increase the demand for legal marijuana over the forecast period.

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Browse Key Market Insights with Data Illustration:

Legal Marijuana Market Size & Share, Growth Report 2036

Author Credits: Radhika Pawar

Report ID: 2833
Published Date: Oct 18, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of legal marijuana is estimated at USD 25.12 billion.

Legal Marijuana Market size was over USD 20.88 billion in 2023 and is anticipated to cross USD 395.91 billion by 2036, witnessing more than 25.4% CAGR during the forecast period i.e., between 2024-2036.

North America industry is anticipated to hold largest revenue share by 2036, attributed to increasing legalization of marijuana in the region for usage in pharmaceutical sector.

The major players in the market are Organigram Holdings Inc., CannTrust Ltd., HEXO Corp., The Cronos Group, Aphria Inc., Terra Tech Corp., Aurora Cannabis Inc., Canopy Growth Corporation, Tilray, and others.

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