Australia

Huge potential in Australia's medicinal cannabis market

Currently, the legal medicinal cannabis market in Australia is estimated to be worth A$17.7 million. Not so impressive, but forecasts by Prohibition Partners, as reported by SBS News, predict an enormous explosion in this value over the next ten years. By 2024, the market is forecast to reach A$1.2 billion, before hitting A$3.0 billion by 2028.

Description

This chart shows the forecast value of the legal medicinal cannabis market in Australia from 2018 to 2028.

Download Chart
Premium statistics
Medical cannabis market size in the United States 2023-2027
Medical cannabis market forecast in Europe 2023-2027
Premium statistics
Projected medical cannabis market size in Europe by country 2027
Premium statistics
Medical cannabis market size in Europe by country 2023
Premium statistics
Number of medical cannabis patients in Europe by country 2027 forecast
Premium statistics
Medical cannabis market size forecast by U.S. state 2027

Any more questions?

Get in touch with us quickly and easily.
We are happy to help!

Do you still have questions?

Feel free to contact us anytime using our contact form or visit our FAQ page.

Statista Content & Design

Need infographics, animated videos, presentations, data research or social media charts?

More Information