Cannabis Market In Us 2024-2028

Global Cannabis Market In US 2024-2028


The cannabis market in us is forecasted to grow by USD 89.50 bn during 2023-2028, accelerating at a CAGR of 32.14% during the forecast period. The report on the cannabis market in us provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

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.

Technavio's cannabis market in us is segmented as below:

By Derivative Type
  • CBD
  • THC
  • Balanced THC and CBD
By Product
  • Medical
  • Recreational
By Geographical Landscape
  • North America
This study identifies the increase in funding for research and production of medical marijuana as one of the prime reasons driving the cannabis market in us growth during the next few years. Also, use of advanced techniques in cannabis cultivation and launch of medical cannabis education programs will lead to sizable demand in the market.

The report on the cannabis market in us covers the following areas:
  • Cannabis market in us sizing
  • Cannabis market in us forecast
  • Cannabis market in us industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cannabis market in us vendors that include Aurora Cannabis Inc., Canopy Growth Corp., Charlottes Web Holdings Inc., Columbia Care Inc., Cresco Labs LLC, Cronos Group Inc., Curaleaf Holdings Inc., Folium Biosciences, Green Roads., Jazz Pharmaceuticals Plc, Lexaria Bioscience Corp., Medical Marijuana Inc., MM Enterprises USA LLC, Pure Spectrum CBD, Sundial Growers Inc., Terrascend Canada, Tilray Brands Inc., Trulieve Cannabis Corp., Unrivaled Brands Inc., and Verano Holdings LLC. Also, the cannabis market in us analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 an analysis of the key vendors.

The publisher 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 research - both primary and secondary. 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 the accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Derivative Type
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ billion)
Data Table on US - Market size and forecast 2023-2028 ($ billion)
Chart on US: Year-over-year growth 2023-2028 (%)
Data Table on US: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Cannabis Market in US 2018 - 2022
Historic Market Size - Data Table on Cannabis Market in US 2018 - 2022 ($ billion)
4.2 Derivative Type segment analysis 2018 - 2022
Historic Market Size - Derivative Type Segment 2018 - 2022 ($ billion)
4.3 Product segment analysis 2018 - 2022
Historic Market Size - Product Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Derivative Type
6.1 Market segments
Chart on Derivative Type - Market share 2023-2028 (%)
Data Table on Derivative Type - Market share 2023-2028 (%)
6.2 Comparison by Derivative Type
Chart on Comparison by Derivative Type
Data Table on Comparison by Derivative Type
6.3 CBD - Market size and forecast 2023-2028
Chart on CBD - Market size and forecast 2023-2028 ($ billion)
Data Table on CBD - Market size and forecast 2023-2028 ($ billion)
Chart on CBD - Year-over-year growth 2023-2028 (%)
Data Table on CBD - Year-over-year growth 2023-2028 (%)
6.4 THC - Market size and forecast 2023-2028
Chart on THC - Market size and forecast 2023-2028 ($ billion)
Data Table on THC - Market size and forecast 2023-2028 ($ billion)
Chart on THC - Year-over-year growth 2023-2028 (%)
Data Table on THC - Year-over-year growth 2023-2028 (%)
6.5 Balanced THC and CBD - Market size and forecast 2023-2028
Chart on Balanced THC and CBD - Market size and forecast 2023-2028 ($ billion)
Data Table on Balanced THC and CBD - Market size and forecast 2023-2028 ($ billion)
Chart on Balanced THC and CBD - Year-over-year growth 2023-2028 (%)
Data Table on Balanced THC and CBD - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Derivative Type
Market opportunity by Derivative Type ($ billion)
Data Table on Market opportunity by Derivative Type ($ billion)
7 Market Segmentation by Product
7.1 Market segments
Chart on Product - Market share 2023-2028 (%)
Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
7.3 Medical - Market size and forecast 2023-2028
Chart on Medical - Market size and forecast 2023-2028 ($ billion)
Data Table on Medical - Market size and forecast 2023-2028 ($ billion)
Chart on Medical - Year-over-year growth 2023-2028 (%)
Data Table on Medical - Year-over-year growth 2023-2028 (%)
7.4 Recreational - Market size and forecast 2023-2028
Chart on Recreational - Market size and forecast 2023-2028 ($ billion)
Data Table on Recreational - Market size and forecast 2023-2028 ($ billion)
Chart on Recreational - Year-over-year growth 2023-2028 (%)
Data Table on Recreational - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Product
Market opportunity by Product ($ billion)
Data Table on Market opportunity by Product ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Canopy Growth Corp.
Canopy Growth Corp. - Overview
Canopy Growth Corp. - Business segments
Canopy Growth Corp. - Key news
Canopy Growth Corp. - Key offerings
Canopy Growth Corp. - Segment focus
11.4 Charlottes Web Holdings Inc.
Charlottes Web Holdings Inc. - Overview
Charlottes Web Holdings Inc. - Product / Service
Charlottes Web Holdings Inc. - Key news
Charlottes Web Holdings Inc. - Key offerings
11.5 Columbia Care Inc.
Columbia Care Inc. - Overview
Columbia Care Inc. - Product / Service
Columbia Care Inc. - Key offerings
11.6 Cresco Labs LLC
Cresco Labs LLC - Overview
Cresco Labs LLC - Product / Service
Cresco Labs LLC - Key offerings
11.7 Cronos Group Inc.
Cronos Group Inc. - Overview
Cronos Group Inc. - Business segments
Cronos Group Inc. - Key news
Cronos Group Inc. - Key offerings
Cronos Group Inc. - Segment focus
11.8 Curaleaf Holdings Inc.
Curaleaf Holdings Inc. - Overview
Curaleaf Holdings Inc. - Product / Service
Curaleaf Holdings Inc. - Key offerings
11.9 Folium Biosciences
Folium Biosciences - Overview
Folium Biosciences - Product / Service
Folium Biosciences - Key offerings
11.10 Green Roads Inc.
Green Roads Inc. - Overview
Green Roads Inc. - Product / Service
Green Roads Inc. - Key offerings
11.11 Lexaria Bioscience Corp.
Lexaria Bioscience Corp. - Overview
Lexaria Bioscience Corp. - Business segments
Lexaria Bioscience Corp. - Key offerings
Lexaria Bioscience Corp. - Segment focus
11.12 Medical Marijuana Inc.
Medical Marijuana Inc. - Overview
Medical Marijuana Inc. - Product / Service
Medical Marijuana Inc. - Key offerings
11.13 MM Enterprises USA LLC
MM Enterprises USA LLC - Overview
MM Enterprises USA LLC - Product / Service
MM Enterprises USA LLC - Key offerings
11.14 Tilray Brands Inc.
Tilray Brands Inc. - Overview
Tilray Brands Inc. - Business segments
Tilray Brands Inc. - Key news
Tilray Brands Inc. - Key offerings
Tilray Brands Inc. - Segment focus
11.15 Trulieve Cannabis Corp.
Trulieve Cannabis Corp. - Overview
Trulieve Cannabis Corp. - Product / Service
Trulieve Cannabis Corp. - Key offerings
11.16 Unrivaled Brands Inc.
Unrivaled Brands Inc. - Overview
Unrivaled Brands Inc. - Business segments
Unrivaled Brands Inc. - Key offerings
Unrivaled Brands Inc. - Segment focus
11.17 Verano Holdings LLC
Verano Holdings LLC - Overview
Verano Holdings LLC - Business segments
Verano Holdings LLC - Key offerings
Verano Holdings LLC - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market Segmentation by Derivative Type
Exhibits5: Executive Summary - Chart on Market Segmentation by Product
Exhibits6: Executive Summary - Chart on Company Market Positioning
Exhibits7: Parent Market
Exhibits8: Data Table on - Parent Market
Exhibits9: Market characteristics analysis
Exhibits10: Value Chain Analysis
Exhibits11: Offerings of companies included in the market definition
Exhibits12: Market segments
Exhibits13: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits14: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits15: Chart on US: Year-over-year growth 2023-2028 (%)
Exhibits16: Data Table on US: Year-over-year growth 2023-2028 (%)
Exhibits17: Historic Market Size - Data Table on Cannabis Market in US 2018 - 2022 ($ billion)
Exhibits18: Historic Market Size - Derivative Type Segment 2018 - 2022 ($ billion)
Exhibits19: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
Exhibits20: Five forces analysis - Comparison between 2023 and 2028
Exhibits21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits26: Chart on Market condition - Five forces 2023 and 2028
Exhibits27: Chart on Derivative Type - Market share 2023-2028 (%)
Exhibits28: Data Table on Derivative Type - Market share 2023-2028 (%)
Exhibits29: Chart on Comparison by Derivative Type
Exhibits30: Data Table on Comparison by Derivative Type
Exhibits31: Chart on CBD - Market size and forecast 2023-2028 ($ billion)
Exhibits32: Data Table on CBD - Market size and forecast 2023-2028 ($ billion)
Exhibits33: Chart on CBD - Year-over-year growth 2023-2028 (%)
Exhibits34: Data Table on CBD - Year-over-year growth 2023-2028 (%)
Exhibits35: Chart on THC - Market size and forecast 2023-2028 ($ billion)
Exhibits36: Data Table on THC - Market size and forecast 2023-2028 ($ billion)
Exhibits37: Chart on THC - Year-over-year growth 2023-2028 (%)
Exhibits38: Data Table on THC - Year-over-year growth 2023-2028 (%)
Exhibits39: Chart on Balanced THC and CBD - Market size and forecast 2023-2028 ($ billion)
Exhibits40: Data Table on Balanced THC and CBD - Market size and forecast 2023-2028 ($ billion)
Exhibits41: Chart on Balanced THC and CBD - Year-over-year growth 2023-2028 (%)
Exhibits42: Data Table on Balanced THC and CBD - Year-over-year growth 2023-2028 (%)
Exhibits43: Market opportunity by Derivative Type ($ billion)
Exhibits44: Data Table on Market opportunity by Derivative Type ($ billion)
Exhibits45: Chart on Product - Market share 2023-2028 (%)
Exhibits46: Data Table on Product - Market share 2023-2028 (%)
Exhibits47: Chart on Comparison by Product
Exhibits48: Data Table on Comparison by Product
Exhibits49: Chart on Medical - Market size and forecast 2023-2028 ($ billion)
Exhibits50: Data Table on Medical - Market size and forecast 2023-2028 ($ billion)
Exhibits51: Chart on Medical - Year-over-year growth 2023-2028 (%)
Exhibits52: Data Table on Medical - Year-over-year growth 2023-2028 (%)
Exhibits53: Chart on Recreational - Market size and forecast 2023-2028 ($ billion)
Exhibits54: Data Table on Recreational - Market size and forecast 2023-2028 ($ billion)
Exhibits55: Chart on Recreational - Year-over-year growth 2023-2028 (%)
Exhibits56: Data Table on Recreational - Year-over-year growth 2023-2028 (%)
Exhibits57: Market opportunity by Product ($ billion)
Exhibits58: Data Table on Market opportunity by Product ($ billion)
Exhibits59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits60: Impact of drivers and challenges in 2023 and 2028
Exhibits61: Overview on criticality of inputs and factors of differentiation
Exhibits62: Overview on factors of disruption
Exhibits63: Impact of key risks on business
Exhibits64: Companies covered
Exhibits65: Matrix on companies position and classification
Exhibits66: Canopy Growth Corp. - Overview
Exhibits67: Canopy Growth Corp. - Business segments
Exhibits68: Canopy Growth Corp. - Key news
Exhibits69: Canopy Growth Corp. - Key offerings
Exhibits70: Canopy Growth Corp. - Segment focus
Exhibits71: Charlottes Web Holdings Inc. - Overview
Exhibits72: Charlottes Web Holdings Inc. - Product / Service
Exhibits73: Charlottes Web Holdings Inc. - Key news
Exhibits74: Charlottes Web Holdings Inc. - Key offerings
Exhibits75: Columbia Care Inc. - Overview
Exhibits76: Columbia Care Inc. - Product / Service
Exhibits77: Columbia Care Inc. - Key offerings
Exhibits78: Cresco Labs LLC - Overview
Exhibits79: Cresco Labs LLC - Product / Service
Exhibits80: Cresco Labs LLC - Key offerings
Exhibits81: Cronos Group Inc. - Overview
Exhibits82: Cronos Group Inc. - Business segments
Exhibits83: Cronos Group Inc. - Key news
Exhibits84: Cronos Group Inc. - Key offerings
Exhibits85: Cronos Group Inc. - Segment focus
Exhibits86: Curaleaf Holdings Inc. - Overview
Exhibits87: Curaleaf Holdings Inc. - Product / Service
Exhibits88: Curaleaf Holdings Inc. - Key offerings
Exhibits89: Folium Biosciences - Overview
Exhibits90: Folium Biosciences - Product / Service
Exhibits91: Folium Biosciences - Key offerings
Exhibits92: Green Roads Inc. - Overview
Exhibits93: Green Roads Inc. - Product / Service
Exhibits94: Green Roads Inc. - Key offerings
Exhibits95: Lexaria Bioscience Corp. - Overview
Exhibits96: Lexaria Bioscience Corp. - Business segments
Exhibits97: Lexaria Bioscience Corp. - Key offerings
Exhibits98: Lexaria Bioscience Corp. - Segment focus
Exhibits99: Medical Marijuana Inc. - Overview
Exhibits100: Medical Marijuana Inc. - Product / Service
Exhibits101: Medical Marijuana Inc. - Key offerings
Exhibits102: MM Enterprises USA LLC - Overview
Exhibits103: MM Enterprises USA LLC - Product / Service
Exhibits104: MM Enterprises USA LLC - Key offerings
Exhibits105: Tilray Brands Inc. - Overview
Exhibits106: Tilray Brands Inc. - Business segments
Exhibits107: Tilray Brands Inc. - Key news
Exhibits108: Tilray Brands Inc. - Key offerings
Exhibits109: Tilray Brands Inc. - Segment focus
Exhibits110: Trulieve Cannabis Corp. - Overview
Exhibits111: Trulieve Cannabis Corp. - Product / Service
Exhibits112: Trulieve Cannabis Corp. - Key offerings
Exhibits113: Unrivaled Brands Inc. - Overview
Exhibits114: Unrivaled Brands Inc. - Business segments
Exhibits115: Unrivaled Brands Inc. - Key offerings
Exhibits116: Unrivaled Brands Inc. - Segment focus
Exhibits117: Verano Holdings LLC - Overview
Exhibits118: Verano Holdings LLC - Business segments
Exhibits119: Verano Holdings LLC - Key offerings
Exhibits120: Verano Holdings LLC - Segment focus
Exhibits121: Inclusions checklist
Exhibits122: Exclusions checklist
Exhibits123: Currency conversion rates for US$
Exhibits124: Research methodology
Exhibits125: Information sources
Exhibits126: Data validation
Exhibits127: Validation techniques employed for market sizing
Exhibits128: Data synthesis
Exhibits129: 360 degree market analysis
Exhibits130: List of abbreviations

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