In 2023, the sales value of cannabidiol (CBD) in Japan exceeded 59 million U.S. dollars. The CBD market was projected to grow continuously in the following years, reaching almost 73 million dollars in 2027.
Cannabis is a controlled drug in Japan, for which recreational and medicinal uses are prohibited. While CBD products without the psychoactive component tetrahydrocannabinol (THC) can be legally distributed, the ban on cannabis cultivation makes imports the main procurement channel of the derivative.
Sales value of cannabidiol (CBD) in Japan in 2023 with forecasts until 2027
(in million U.S. dollars)
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Prohibition Partners. (January 1, 2024). Sales value of cannabidiol (CBD) in Japan in 2023 with forecasts until 2027 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1338086/japan-cannabidiol-product-market-size/
Prohibition Partners. "Sales value of cannabidiol (CBD) in Japan in 2023 with forecasts until 2027 (in million U.S. dollars)." Chart. January 1, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1338086/japan-cannabidiol-product-market-size/
Prohibition Partners. (2024). Sales value of cannabidiol (CBD) in Japan in 2023 with forecasts until 2027 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1338086/japan-cannabidiol-product-market-size/
Prohibition Partners. "Sales Value of Cannabidiol (Cbd) in Japan in 2023 with Forecasts until 2027 (in Million U.S. Dollars)." Statista, Statista Inc., 1 Jan 2024, https://www.statista.com/statistics/1338086/japan-cannabidiol-product-market-size/
Prohibition Partners, Sales value of cannabidiol (CBD) in Japan in 2023 with forecasts until 2027 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1338086/japan-cannabidiol-product-market-size/ (last visited November 21, 2024)
Sales value of cannabidiol (CBD) in Japan in 2023 with forecasts until 2027 (in million U.S. dollars) [Graph], Prohibition Partners, January 1, 2024. [Online]. Available: https://www.statista.com/statistics/1338086/japan-cannabidiol-product-market-size/