Cannabis Market Forecast: Key Growth Drivers, Challenges, and Emerging Trends
The global cannabis market is on a steep growth trajectory, valued at USD 72.83 billion in 2025 and projected to surge to USD 125.76 billion by 2030, reflecting an impressive CAGR of 11.5%. This momentum is fuelled by expanding legalization across regions, rising therapeutic applications, and broader consumer acceptance of both medical and recreational cannabis products.
As the industry matures,...
Cannabis Market Overview, Growth Drivers, Trends, and Forecast – 2030
The global cannabis market is projected to grow significantly, rising from an estimated USD 72.83 billion in 2025 to USD 125.76 billion by 2030, at a robust CAGR of 11.5% during the forecast period. This growth is fueled by expanding legalization, increasing therapeutic demand, broader consumer acceptance, and rising interest in both medical and recreational cannabis products. Innovations in...