Over the forecast period until 2029, the average revenue per user is forecast to exhibit fluctuations among the two segments. Only for the segment Medical Cannabis, a significant increase can be observed over the forecast period. Here, the average revenue per user exhibits a difference of 681.34 U.S. dollars between 2017 and 2029.
Data provided by Statista Market Insights are estimates.
Definition: The Cannabis market covers products derived from the cannabis plant used for medical or recreational purposes. These products may include dried flowers, oils, edibles, tinctures, and topicals. Depending on the regulations in each country or state, these products are provided by dispensaries, pharmacies, and/or online platforms. They may be consumed in the form of smoking, vaporizing, eating, or applying topically.
Structure: The market includes Medical, Pharmaceutical, and Recreational Cannabis as well as CBD Products. The Medical and Pharmaceutical Cannabis markets include products used to treat conditions such as chronic pain, mental disorders, and other medical conditions. The Recreational Cannabis and the the CBD Products markets include products used for personal enjoyment or leisure purposes. All cannabis markets include various forms of cannabis such as flowers, concentrates, edibles, and topicals.
Additional information: Market values represent the revenues generated by retail prices paid to vendors, either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), companies (B2B), and governments (B2G).
Company examples: Canopy Growth Corporation, Aurora Cannabis, Curaleaf Holdings, Tilray, Green Thumb Industries, Trulieve Cannabis, Verano Holdings.
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Statista. (April 10, 2024). Average revenue per user of the legal cannabis market in Latin America from 2017 to 2029 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/forecasts/1450677/average-revenue-per-user-cannabis-market-latin-america
Statista. "Average revenue per user of the legal cannabis market in Latin America from 2017 to 2029." Chart. April 10, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/forecasts/1450677/average-revenue-per-user-cannabis-market-latin-america
Statista. (2024). Average revenue per user of the legal cannabis market in Latin America from 2017 to 2029. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/forecasts/1450677/average-revenue-per-user-cannabis-market-latin-america
Statista. "Average Revenue per User of The Legal Cannabis Market in Latin America from 2017 to 2029." Statista, Statista Inc., 10 Apr 2024, https://www.statista.com/forecasts/1450677/average-revenue-per-user-cannabis-market-latin-america
Statista, Average revenue per user of the legal cannabis market in Latin America from 2017 to 2029 Statista, https://www.statista.com/forecasts/1450677/average-revenue-per-user-cannabis-market-latin-america (last visited December 21, 2024)
Average revenue per user of the legal cannabis market in Latin America from 2017 to 2029 [Graph], Statista, April 10, 2024. [Online]. Available: https://www.statista.com/forecasts/1450677/average-revenue-per-user-cannabis-market-latin-america