In 2020, the cannabidiol (CBD) market value in Brazil was estimated to be worth around 25 million U.S.dollars. By 2024, it was forecast to that this Brazilian market could reach 38 million. That same year, legal cannabis spending in South America is expected to amount to 150 million U.S. dollars.
Market value of cannabidiol (CBD) in Brazil from 2020 to 2024
(in million U.S. dollars)
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Market value in million U.S. dollars
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Statista. (March 11, 2021). Market value of cannabidiol (CBD) in Brazil from 2020 to 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1219978/brazil-cbd-market-value/
Statista. "Market value of cannabidiol (CBD) in Brazil from 2020 to 2024 (in million U.S. dollars)." Chart. March 11, 2021. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1219978/brazil-cbd-market-value/
Statista. (2021). Market value of cannabidiol (CBD) in Brazil from 2020 to 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1219978/brazil-cbd-market-value/
Statista. "Market Value of Cannabidiol (Cbd) in Brazil from 2020 to 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 11 Mar 2021, https://www.statista.com/statistics/1219978/brazil-cbd-market-value/
Statista, Market value of cannabidiol (CBD) in Brazil from 2020 to 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1219978/brazil-cbd-market-value/ (last visited August 24, 2024)
Market value of cannabidiol (CBD) in Brazil from 2020 to 2024 (in million U.S. dollars) [Graph], Statista, March 11, 2021. [Online]. Available: https://www.statista.com/statistics/1219978/brazil-cbd-market-value/