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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
The report gives a detailed analysis of the following key players in the North America legal cannabis market, covering their competitive landscape, capacity, and latest developments like mergers and acquisitions, investments, capacity expansion, and plant turnarounds:
- Tilray
- Marijuana Company of America, Inc
- Others
The comprehensive EMR report provides an in-depth assessment of the industry, providing an insight into the various trends in the market, based on the Porter's five forces model along with giving a SWOT analysis.
North America Legal Cannabis Market Report Snapshots
North America Legal Cannabis Market Size
North America Legal Cannabis Market Analysis
North America Legal Cannabis Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the North America legal cannabis market attained a value of nearly USD 26.57 billion.
The market is projected to grow at a CAGR of 26.8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 224.45 billion by 2032.
The major drivers of the market are the increasing awareness regarding the health benefits of cannabis, growing utilisation of product for recreational purposes, increasing geriatric population, rising demand for cannabis in the medical sector, and favourable government policies.
The key trends guiding the growth of the legal cannabis market include the launch of enhanced cannabis-based products and the growing investment by the government and private organisations in the research and development activities.
The major regional markets are the United States of America and Canada.
Marijuana and industrial hemp represent the major type of products derived in the market.
The regulated dispensary, recreational stores, and stand-alone retailers are the most significant distribution channels of legal cannabis in the market.
The major players in the North America legal cannabis market are Tilray, and Marijuana Company of America, Inc, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124