Medical Cannabis Market

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Medical Cannabis Market Size and Demand to 2032
Global Medical Cannabis market size was 12.98
billion in 2023 and the market is projected to
touch USD 37.04 billion by 2032, at a CAGR of
12.36 during the forecast period.
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Report Description
Cannabis, also known as marijuana, contains
compounds called cannabinoids, which have
potential therapeutic effects on various health
conditions. The market encompasses a wide range
of products, including dried cannabis flower,
oils, capsules, and edibles, which are used to
alleviate symptoms such as pain, inflammation,
nausea, and anxiety.
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Major Key Players

• Some of the major players operating in this
  market are
• Cresco Labs
• Peace Naturals Project Inc.
• CANOPY GROWTH CORPORATION
• Medical Marijuana, Inc.
• EcoGen Biosciences
• CANNABIS SEEDS USA
• Seeds For Me
• HUMBOLDT SEED COMPANY
• PharmaHemp
• Elixinol Global Limited
• ENDOCA

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Market Segmentation

• By Species (Indica, Sativa and Hybrid),
• By Derivatives (Cannabidiol (CBD),
  Tetrahydrocannabinol (THC) and Others)

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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East
• Africa

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