US Cannabis Market Industry Summary
The US Cannabis market is projected to grow from 30 USD Billion in 2024 to 70 USD Billion by 2035, reflecting a robust growth trajectory.
Key Market Trends & Highlights
US Cannabis Overview Key Trends and Highlights
- The US Cannabis market is valued at 30 USD Billion in 2024, indicating a strong foundation for future growth.
- By 2035, the market is expected to reach 70 USD Billion, showcasing a significant increase in consumer demand.
- The compound annual growth rate (CAGR) from 2025 to 2035 is projected at 8.01 percent, suggesting sustained expansion in the sector.
- Growing adoption of cannabis products due to changing regulations is a major market driver influencing this growth.
Market Size & Forecast
2024 Market Size | 30 (USD Billion) |
2035 Market Size | 70 (USD Billion) |
CAGR (2025 - 2035) | 8.01% |
Major Players
Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)