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The cannabis market in the US is forecasted to grow by USD 141.48 billion during 2024-2029, accelerating at a CAGR of 37.1% during the forecast period. The report on the cannabis market in the US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing millennial population in key cannabis markets, increasing number of medical cannabis dispensaries, and health benefits of medical cannabis.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The cannabis market in the US is segmented as below:
By Derivative Type
- CBD
- THC
- Balanced THC and CBD
By Product
- Medical
- Recreational
By Source
- Marijuana
- Hemp
By Geographical Landscape
- North America
The report on the cannabis market in the US covers the following areas:
- Cannabis Market in the US sizing
- Cannabis Market in the US forecast
- Cannabis Market in the US industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Derivative Type
9 Market Segmentation by Product
10 Market Segmentation by Source
11 Customer Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the cannabis market in us: Aurora Cannabis Inc., Canopy Growth Corp., Charlottes Web Holdings Inc., Columbia Care Inc., Cresco Labs LLC, Cronos Group Inc., Curaleaf Holdings Inc., Green Roads Inc., Jazz Pharmaceuticals Plc, Lexaria Bioscience Corp., Medical Marijuana Inc., Pure Spectrum CBD, Sundial Growers Inc., Terrascend Canada, Tilray Brands Inc., Trulieve Cannabis Corp., Unrivaled Brands Inc., and Verano Holdings LLC.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increase in funding for research and production of medical marijuana."
According to the report, one of the major drivers for this market is the growing millennial population in key cannabis markets.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aurora Cannabis Inc.
- Canopy Growth Corp.
- Charlottes Web Holdings Inc.
- Columbia Care Inc.
- Cresco Labs LLC
- Cronos Group Inc.
- Curaleaf Holdings Inc.
- Green Roads Inc.
- Jazz Pharmaceuticals Plc
- Lexaria Bioscience Corp.
- Medical Marijuana Inc.
- Pure Spectrum CBD
- Sundial Growers Inc.
- Terrascend Canada
- Tilray Brands Inc.
- Trulieve Cannabis Corp.
- Unrivaled Brands Inc.
- Verano Holdings LLC
