The potential retail cannabis market in Africa is huge. Nigeria is could have the largest recreational cannabis market in Africa with a market value of about 3.67 billion U.S. dollars by 2023. This may be a result of country's very large population. South Africa is projected to follow with a market value of about 1.18 billion U.S. dollars in 2023.
Market value forecast of recreational cannabis in Africa in 2023, by country
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Market value in million U.S. dollars
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Prohibition Partners. (March 1, 2019). Market value forecast of recreational cannabis in Africa in 2023, by country (in million U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1038460/market-value-forecast-of-cannabis-african-countries/
Prohibition Partners. "Market value forecast of recreational cannabis in Africa in 2023, by country (in million U.S. dollars)." Chart. March 1, 2019. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1038460/market-value-forecast-of-cannabis-african-countries/
Prohibition Partners. (2019). Market value forecast of recreational cannabis in Africa in 2023, by country (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1038460/market-value-forecast-of-cannabis-african-countries/
Prohibition Partners. "Market Value Forecast of Recreational Cannabis in Africa in 2023, by Country (in Million U.S. Dollars)." Statista, Statista Inc., 1 Mar 2019, https://www.statista.com/statistics/1038460/market-value-forecast-of-cannabis-african-countries/
Prohibition Partners, Market value forecast of recreational cannabis in Africa in 2023, by country (in million U.S. dollars) Statista, https://www.statista.com/statistics/1038460/market-value-forecast-of-cannabis-african-countries/ (last visited July 22, 2024)
Market value forecast of recreational cannabis in Africa in 2023, by country (in million U.S. dollars) [Graph], Prohibition Partners, March 1, 2019. [Online]. Available: https://www.statista.com/statistics/1038460/market-value-forecast-of-cannabis-african-countries/