Dyan-Schur | Published

Global spending on legal cannabis is forecast to reach $57 billion by 2027. The majority of spending is made up of the adult use (recreational) market at 67% of purchases whilst medical marijuana makes up the remaining 33%. The largest group of cannabis purchasers is located in North America with spending expected to grow from $9.2 billion in 2017 to $47.3 billion a decade later. However, the highest growth rate will be seen in the rest of world with spending expected to rise from $52 million in 2017 to $2.5 billion by 2027.
Global spending on legal cannabis is forecast to reach $57 billion by 2027. The majority of spending is made up of the adult use (recreational) market at 67% of purchases whilst medical marijuana makes up the remaining 33%. The largest group of cannabis purchasers is located in North America with spending expected to grow from $9.2 billion in 2017 to $47.3 billion a decade later. However, the highest growth rate will be seen in the rest of world with spending expected to rise from $52 million in 2017 to $2.5 billion by 2027.
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