According to some projections for the United States, the medical cannabis market will reach a peak in 2024, with around 9.3 billion U.S. dollars. After that, a phase of stagnation and even decline is expected in the following years. This is partly because medical sales tend to fall when states start allowing adult-use sales after previously allowing medical-use sales.
Medical cannabis market size in the United States from 2023 to 2027
(in million U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Prohibition Partners. (January 31, 2024). Medical cannabis market size in the United States from 2023 to 2027 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1244517/us-medical-cannabis-market-size/
Prohibition Partners. "Medical cannabis market size in the United States from 2023 to 2027 (in million U.S. dollars)." Chart. January 31, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1244517/us-medical-cannabis-market-size/
Prohibition Partners. (2024). Medical cannabis market size in the United States from 2023 to 2027 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1244517/us-medical-cannabis-market-size/
Prohibition Partners. "Medical Cannabis Market Size in The United States from 2023 to 2027 (in Million U.S. Dollars)." Statista, Statista Inc., 31 Jan 2024, https://www.statista.com/statistics/1244517/us-medical-cannabis-market-size/
Prohibition Partners, Medical cannabis market size in the United States from 2023 to 2027 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1244517/us-medical-cannabis-market-size/ (last visited November 21, 2024)
Medical cannabis market size in the United States from 2023 to 2027 (in million U.S. dollars) [Graph], Prohibition Partners, January 31, 2024. [Online]. Available: https://www.statista.com/statistics/1244517/us-medical-cannabis-market-size/