The value of the medical cannabis market in Mexico is forecast to reach around 60,000 U.S. dollars by the end of 2023. In 2020, the market was estimated at approximately 20,000 U.S. dollars and was expected to surpass 1.2 million U.S. dollars by 2030, of which over one million U.S. dollars would be accounted for by the marijuana flower market. This would represent an increase of nearly 590 percent within a decade.
More information on the cannabis market in various countries can be found here.
Value of the medical cannabis market in Mexico from 2020 to 2030 (in million U.S. dollars), by segment
Characteristic
Marijuana flowers
Cannabis extracts
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Extrapolate. (May 12, 2023). Value of the medical cannabis market in Mexico from 2020 to 2030 (in million U.S. dollars), by segment [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1384883/value-medical-cannabis-market-segment-mexico/
Extrapolate. "Value of the medical cannabis market in Mexico from 2020 to 2030 (in million U.S. dollars), by segment." Chart. May 12, 2023. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1384883/value-medical-cannabis-market-segment-mexico/
Extrapolate. (2023). Value of the medical cannabis market in Mexico from 2020 to 2030 (in million U.S. dollars), by segment. Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1384883/value-medical-cannabis-market-segment-mexico/
Extrapolate. "Value of The Medical Cannabis Market in Mexico from 2020 to 2030 (in Million U.S. Dollars), by Segment." Statista, Statista Inc., 12 May 2023, https://www.statista.com/statistics/1384883/value-medical-cannabis-market-segment-mexico/
Extrapolate, Value of the medical cannabis market in Mexico from 2020 to 2030 (in million U.S. dollars), by segment Statista, https://www.statista.com/statistics/1384883/value-medical-cannabis-market-segment-mexico/ (last visited July 27, 2024)
Value of the medical cannabis market in Mexico from 2020 to 2030 (in million U.S. dollars), by segment [Graph], Extrapolate, May 12, 2023. [Online]. Available: https://www.statista.com/statistics/1384883/value-medical-cannabis-market-segment-mexico/