CBD market value in Mexico 2023-2027

Published by Statista Research Department, May 17, 2024

In 2023, the cannabidiol (CBD) market value in Mexico was estimated at approximately 130 million U.S. dollars. By 2027, it was forecast to increase, reaching more than 157 million U.S. dollars. In that year, medical cannabis in Mexico is expected to surpass the eight million U.S. dollars. 

Market value of cannabidiol (CBD) in Mexico from 2023 to 2027 (in million U.S. dollars)

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Release date

January 2024

Region

Mexico

Survey time period

2023

Special properties

forecast; based on medical sales

Supplementary notes

Figures have been rounded.

Cannabidiol is one of the active ingredients of cannabis and an essential component of medical marijuana.

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