Cannabis Market Report: Trends, Insights, and Forecast for 2030

The global Cannabis Market size was valued at USD 46.46 billion in 2023 and is predicted to reach USD 203.27 billion by 2030 with a CAGR of 27.88% from 2024-2030.

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Cannabis can be used recreationally for its psychoactive properties, and it can be used medicinally for potential therapeutic benefits such as pain relief, relaxation, and reducing symptoms of certain medical conditions. Additionally, cannabis offers versatility in consumption methods, such as edibles and topicals, catering to individual preferences.