Global Cannabis Market Size, Share & Demand Report By Product Type (Dried Flower, Cannabis Oils & Tinctures, Edibles & Infused Beverages, Vape Products & Concentrates, Topicals & Transdermal Products, Capsules & Tablets, Isolates & Distillates), By Application (Medical Cannabis, Adult-Use Cannabis, Industrial Hemp & Cannabinoid Applications), By Distribution Channel (Licensed Retail Dispensaries, Online/E-commerce Platforms, Pharmacies & Hospital Channels, Direct B2B Bulk Supply), By Cultivation & Production Model (Indoor, Greenhouse, Outdoor, Biotechnological & Synthetic Production), By Region & Segment Forecasts, 2026–2031

Report Code: RI2570PUB
Last Updated : February, 2026
Author : Benjamin Hayes

Table of Contents

  1. Executive Summary
    1. Introduction
  2. Market Introduction
    1. Market Definition
    2. Scope of the Study
    3. Market Structure
  3. Research Methodology
    1. Primary Research
    2. Research Methodology
    3. Assumptions & Exclusions
    4. Secondary Data Sources
  4. Market Factor Analysis
    1. Value Chain Analysis: Cannabis Market
    2. Porters Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitution
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Dynamics
    1. Drivers
    2. Restraints
    3. Opportunities
  6. Recent Trends Analysis
  7. Impact of COVID-19 on Cannabis Market
    1. Pre and Post Covid -19 Market Scenario Analysis
    2. Market Recovery Timeline and Challenge
    3. Measures Taken by Top Players
  8. Regulatory Landscape
  9. Cannabis Market, By Product Type
    1. Introduction
      1. Market Size and Forecast, By Product Type
    2. Dried Flower
      1. Market Size and Forecast, By Region
    3. Cannabis Oils & Tinctures
      1. Market Size and Forecast, By Region
    4. Edibles & Infused Beverages
      1. Market Size and Forecast, By Region
    5. Vape Products & Concentrates
      1. Market Size and Forecast, By Region
    6. Topicals & Transdermal Products
      1. Market Size and Forecast, By Region
    7. Capsules & Tablets
      1. Market Size and Forecast, By Region
    8. Isolates & Distillates
      1. Market Size and Forecast, By Region
  10. Cannabis Market, By Application
    1. Introduction
      1. Market Size and Forecast, By Application
    2. Medical Cannabis
      1. Market Size and Forecast, By Region
    3. Adult-Use (Recreational) Cannabis
      1. Market Size and Forecast, By Region
    4. Industrial Hemp & Cannabinoid Applications
      1. Market Size and Forecast, By Region
  11. Cannabis Market, By Distribution Channel
    1. Introduction
      1. Market Size and Forecast, By Distribution Channel
    2. Licensed Retail Dispensaries
      1. Market Size and Forecast, By Region
    3. Online/E-commerce Platforms
      1. Market Size and Forecast, By Region
    4. Pharmacies & Hospital Channels
      1. Market Size and Forecast, By Region
    5. Direct B2B Bulk Supply
      1. Market Size and Forecast, By Region
  12. Cannabis Market, By Cultivation & Production Model
    1. Introduction
      1. Market Size and Forecast, By Cultivation & Production Model
    2. Indoor Cultivation
      1. Market Size and Forecast, By Region
    3. Greenhouse Cultivation
      1. Market Size and Forecast, By Region
    4. Outdoor Cultivation
      1. Market Size and Forecast, By Region
    5. Biotechnological & Synthetic Production
      1. Market Size and Forecast, By Region
  13. Regional Overview
    1. Introduction
      1. Market Size and Forecast
    2. North America
      1. Market Size and Forecast
        1. By Product Type
          1. Dried Flower
            1. Cannabis Oils & Tinctures
              1. Edibles & Infused Beverages
                1. Vape Products & Concentrates
                  1. Topicals & Transdermal Products
                    1. Capsules & Tablets
                      1. Isolates & Distillates
                      2. By Application
                        1. Medical Cannabis
                          1. Adult-Use (Recreational) Cannabis
                            1. Industrial Hemp & Cannabinoid Applications
                            2. By Distribution Channel
                              1. Licensed Retail Dispensaries
                                1. Online/E-commerce Platforms
                                  1. Pharmacies & Hospital Channels
                                    1. Direct B2B Bulk Supply
                                    2. By Cultivation & Production Model
                                      1. Indoor Cultivation
                                        1. Greenhouse Cultivation
                                          1. Outdoor Cultivation
                                            1. Biotechnological & Synthetic Production
                                          2. U.S.
                                            1. By Product Type
                                              1. Dried Flower
                                                1. Cannabis Oils & Tinctures
                                                  1. Edibles & Infused Beverages
                                                    1. Vape Products & Concentrates
                                                      1. Topicals & Transdermal Products
                                                        1. Capsules & Tablets
                                                          1. Isolates & Distillates
                                                          2. By Application
                                                            1. Medical Cannabis
                                                              1. Adult-Use (Recreational) Cannabis
                                                                1. Industrial Hemp & Cannabinoid Applications
                                                                2. By Distribution Channel
                                                                  1. Licensed Retail Dispensaries
                                                                    1. Online/E-commerce Platforms
                                                                      1. Pharmacies & Hospital Channels
                                                                        1. Direct B2B Bulk Supply
                                                                        2. By Cultivation & Production Model
                                                                          1. Indoor Cultivation
                                                                            1. Greenhouse Cultivation
                                                                              1. Outdoor Cultivation
                                                                                1. Biotechnological & Synthetic Production
                                                                              2. Canada
                                                                            2. Europe
                                                                              1. Market Size and Forecast
                                                                                1. By Product Type
                                                                                  1. Dried Flower
                                                                                    1. Cannabis Oils & Tinctures
                                                                                      1. Edibles & Infused Beverages
                                                                                        1. Vape Products & Concentrates
                                                                                          1. Topicals & Transdermal Products
                                                                                            1. Capsules & Tablets
                                                                                              1. Isolates & Distillates
                                                                                              2. By Application
                                                                                                1. Medical Cannabis
                                                                                                  1. Adult-Use (Recreational) Cannabis
                                                                                                    1. Industrial Hemp & Cannabinoid Applications
                                                                                                    2. By Distribution Channel
                                                                                                      1. Licensed Retail Dispensaries
                                                                                                        1. Online/E-commerce Platforms
                                                                                                          1. Pharmacies & Hospital Channels
                                                                                                            1. Direct B2B Bulk Supply
                                                                                                            2. By Cultivation & Production Model
                                                                                                              1. Indoor Cultivation
                                                                                                                1. Greenhouse Cultivation
                                                                                                                  1. Outdoor Cultivation
                                                                                                                    1. Biotechnological & Synthetic Production
                                                                                                                  2. U.K.
                                                                                                                    1. By Product Type
                                                                                                                      1. Dried Flower
                                                                                                                        1. Cannabis Oils & Tinctures
                                                                                                                          1. Edibles & Infused Beverages
                                                                                                                            1. Vape Products & Concentrates
                                                                                                                              1. Topicals & Transdermal Products
                                                                                                                                1. Capsules & Tablets
                                                                                                                                  1. Isolates & Distillates
                                                                                                                                  2. By Application
                                                                                                                                    1. Medical Cannabis
                                                                                                                                      1. Adult-Use (Recreational) Cannabis
                                                                                                                                        1. Industrial Hemp & Cannabinoid Applications
                                                                                                                                        2. By Distribution Channel
                                                                                                                                          1. Licensed Retail Dispensaries
                                                                                                                                            1. Online/E-commerce Platforms
                                                                                                                                              1. Pharmacies & Hospital Channels
                                                                                                                                                1. Direct B2B Bulk Supply
                                                                                                                                                2. By Cultivation & Production Model
                                                                                                                                                  1. Indoor Cultivation
                                                                                                                                                    1. Greenhouse Cultivation
                                                                                                                                                      1. Outdoor Cultivation
                                                                                                                                                        1. Biotechnological & Synthetic Production
                                                                                                                                                      2. Germany
                                                                                                                                                      3. France
                                                                                                                                                      4. Spain
                                                                                                                                                      5. Italy
                                                                                                                                                      6. Russia
                                                                                                                                                      7. Nordic
                                                                                                                                                      8. Benelux
                                                                                                                                                      9. Rest of Europe
                                                                                                                                                    2. APAC
                                                                                                                                                      1. Market Size and Forecast
                                                                                                                                                        1. By Product Type
                                                                                                                                                          1. Dried Flower
                                                                                                                                                            1. Cannabis Oils & Tinctures
                                                                                                                                                              1. Edibles & Infused Beverages
                                                                                                                                                                1. Vape Products & Concentrates
                                                                                                                                                                  1. Topicals & Transdermal Products
                                                                                                                                                                    1. Capsules & Tablets
                                                                                                                                                                      1. Isolates & Distillates
                                                                                                                                                                      2. By Application
                                                                                                                                                                        1. Medical Cannabis
                                                                                                                                                                          1. Adult-Use (Recreational) Cannabis
                                                                                                                                                                            1. Industrial Hemp & Cannabinoid Applications
                                                                                                                                                                            2. By Distribution Channel
                                                                                                                                                                              1. Licensed Retail Dispensaries
                                                                                                                                                                                1. Online/E-commerce Platforms
                                                                                                                                                                                  1. Pharmacies & Hospital Channels
                                                                                                                                                                                    1. Direct B2B Bulk Supply
                                                                                                                                                                                    2. By Cultivation & Production Model
                                                                                                                                                                                      1. Indoor Cultivation
                                                                                                                                                                                        1. Greenhouse Cultivation
                                                                                                                                                                                          1. Outdoor Cultivation
                                                                                                                                                                                            1. Biotechnological & Synthetic Production
                                                                                                                                                                                          2. China
                                                                                                                                                                                            1. By Product Type
                                                                                                                                                                                              1. Dried Flower
                                                                                                                                                                                                1. Cannabis Oils & Tinctures
                                                                                                                                                                                                  1. Edibles & Infused Beverages
                                                                                                                                                                                                    1. Vape Products & Concentrates
                                                                                                                                                                                                      1. Topicals & Transdermal Products
                                                                                                                                                                                                        1. Capsules & Tablets
                                                                                                                                                                                                          1. Isolates & Distillates
                                                                                                                                                                                                          2. By Application
                                                                                                                                                                                                            1. Medical Cannabis
                                                                                                                                                                                                              1. Adult-Use (Recreational) Cannabis
                                                                                                                                                                                                                1. Industrial Hemp & Cannabinoid Applications
                                                                                                                                                                                                                2. By Distribution Channel
                                                                                                                                                                                                                  1. Licensed Retail Dispensaries
                                                                                                                                                                                                                    1. Online/E-commerce Platforms
                                                                                                                                                                                                                      1. Pharmacies & Hospital Channels
                                                                                                                                                                                                                        1. Direct B2B Bulk Supply
                                                                                                                                                                                                                        2. By Cultivation & Production Model
                                                                                                                                                                                                                          1. Indoor Cultivation
                                                                                                                                                                                                                            1. Greenhouse Cultivation
                                                                                                                                                                                                                              1. Outdoor Cultivation
                                                                                                                                                                                                                                1. Biotechnological & Synthetic Production
                                                                                                                                                                                                                              2. Korea
                                                                                                                                                                                                                              3. Japan
                                                                                                                                                                                                                              4. India
                                                                                                                                                                                                                              5. Australia
                                                                                                                                                                                                                              6. Singapore
                                                                                                                                                                                                                              7. Taiwan
                                                                                                                                                                                                                              8. South East Asia
                                                                                                                                                                                                                              9. Rest of Asia-Pacific
                                                                                                                                                                                                                            2. Middle East and Africa
                                                                                                                                                                                                                              1. Market Size and Forecast
                                                                                                                                                                                                                                1. By Product Type
                                                                                                                                                                                                                                  1. Dried Flower
                                                                                                                                                                                                                                    1. Cannabis Oils & Tinctures
                                                                                                                                                                                                                                      1. Edibles & Infused Beverages
                                                                                                                                                                                                                                        1. Vape Products & Concentrates
                                                                                                                                                                                                                                          1. Topicals & Transdermal Products
                                                                                                                                                                                                                                            1. Capsules & Tablets
                                                                                                                                                                                                                                              1. Isolates & Distillates
                                                                                                                                                                                                                                              2. By Application
                                                                                                                                                                                                                                                1. Medical Cannabis
                                                                                                                                                                                                                                                  1. Adult-Use (Recreational) Cannabis
                                                                                                                                                                                                                                                    1. Industrial Hemp & Cannabinoid Applications
                                                                                                                                                                                                                                                    2. By Distribution Channel
                                                                                                                                                                                                                                                      1. Licensed Retail Dispensaries
                                                                                                                                                                                                                                                        1. Online/E-commerce Platforms
                                                                                                                                                                                                                                                          1. Pharmacies & Hospital Channels
                                                                                                                                                                                                                                                            1. Direct B2B Bulk Supply
                                                                                                                                                                                                                                                            2. By Cultivation & Production Model
                                                                                                                                                                                                                                                              1. Indoor Cultivation
                                                                                                                                                                                                                                                                1. Greenhouse Cultivation
                                                                                                                                                                                                                                                                  1. Outdoor Cultivation
                                                                                                                                                                                                                                                                    1. Biotechnological & Synthetic Production
                                                                                                                                                                                                                                                                  2. UAE
                                                                                                                                                                                                                                                                    1. By Product Type
                                                                                                                                                                                                                                                                      1. Dried Flower
                                                                                                                                                                                                                                                                        1. Cannabis Oils & Tinctures
                                                                                                                                                                                                                                                                          1. Edibles & Infused Beverages
                                                                                                                                                                                                                                                                            1. Vape Products & Concentrates
                                                                                                                                                                                                                                                                              1. Topicals & Transdermal Products
                                                                                                                                                                                                                                                                                1. Capsules & Tablets
                                                                                                                                                                                                                                                                                  1. Isolates & Distillates
                                                                                                                                                                                                                                                                                  2. By Application
                                                                                                                                                                                                                                                                                    1. Medical Cannabis
                                                                                                                                                                                                                                                                                      1. Adult-Use (Recreational) Cannabis
                                                                                                                                                                                                                                                                                        1. Industrial Hemp & Cannabinoid Applications
                                                                                                                                                                                                                                                                                        2. By Distribution Channel
                                                                                                                                                                                                                                                                                          1. Licensed Retail Dispensaries
                                                                                                                                                                                                                                                                                            1. Online/E-commerce Platforms
                                                                                                                                                                                                                                                                                              1. Pharmacies & Hospital Channels
                                                                                                                                                                                                                                                                                                1. Direct B2B Bulk Supply
                                                                                                                                                                                                                                                                                                2. By Cultivation & Production Model
                                                                                                                                                                                                                                                                                                  1. Indoor Cultivation
                                                                                                                                                                                                                                                                                                    1. Greenhouse Cultivation
                                                                                                                                                                                                                                                                                                      1. Outdoor Cultivation
                                                                                                                                                                                                                                                                                                        1. Biotechnological & Synthetic Production
                                                                                                                                                                                                                                                                                                      2. Turky
                                                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                                                                      1. Market Size and Forecast
                                                                                                                                                                                                                                                                                                        1. By Product Type
                                                                                                                                                                                                                                                                                                          1. Dried Flower
                                                                                                                                                                                                                                                                                                            1. Cannabis Oils & Tinctures
                                                                                                                                                                                                                                                                                                              1. Edibles & Infused Beverages
                                                                                                                                                                                                                                                                                                                1. Vape Products & Concentrates
                                                                                                                                                                                                                                                                                                                  1. Topicals & Transdermal Products
                                                                                                                                                                                                                                                                                                                    1. Capsules & Tablets
                                                                                                                                                                                                                                                                                                                      1. Isolates & Distillates
                                                                                                                                                                                                                                                                                                                      2. By Application
                                                                                                                                                                                                                                                                                                                        1. Medical Cannabis
                                                                                                                                                                                                                                                                                                                          1. Adult-Use (Recreational) Cannabis
                                                                                                                                                                                                                                                                                                                            1. Industrial Hemp & Cannabinoid Applications
                                                                                                                                                                                                                                                                                                                            2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                              1. Licensed Retail Dispensaries
                                                                                                                                                                                                                                                                                                                                1. Online/E-commerce Platforms
                                                                                                                                                                                                                                                                                                                                  1. Pharmacies & Hospital Channels
                                                                                                                                                                                                                                                                                                                                    1. Direct B2B Bulk Supply
                                                                                                                                                                                                                                                                                                                                    2. By Cultivation & Production Model
                                                                                                                                                                                                                                                                                                                                      1. Indoor Cultivation
                                                                                                                                                                                                                                                                                                                                        1. Greenhouse Cultivation
                                                                                                                                                                                                                                                                                                                                          1. Outdoor Cultivation
                                                                                                                                                                                                                                                                                                                                            1. Biotechnological & Synthetic Production
                                                                                                                                                                                                                                                                                                                                          2. Brazil
                                                                                                                                                                                                                                                                                                                                            1. By Product Type
                                                                                                                                                                                                                                                                                                                                              1. Dried Flower
                                                                                                                                                                                                                                                                                                                                                1. Cannabis Oils & Tinctures
                                                                                                                                                                                                                                                                                                                                                  1. Edibles & Infused Beverages
                                                                                                                                                                                                                                                                                                                                                    1. Vape Products & Concentrates
                                                                                                                                                                                                                                                                                                                                                      1. Topicals & Transdermal Products
                                                                                                                                                                                                                                                                                                                                                        1. Capsules & Tablets
                                                                                                                                                                                                                                                                                                                                                          1. Isolates & Distillates
                                                                                                                                                                                                                                                                                                                                                          2. By Application
                                                                                                                                                                                                                                                                                                                                                            1. Medical Cannabis
                                                                                                                                                                                                                                                                                                                                                              1. Adult-Use (Recreational) Cannabis
                                                                                                                                                                                                                                                                                                                                                                1. Industrial Hemp & Cannabinoid Applications
                                                                                                                                                                                                                                                                                                                                                                2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                                                                  1. Licensed Retail Dispensaries
                                                                                                                                                                                                                                                                                                                                                                    1. Online/E-commerce Platforms
                                                                                                                                                                                                                                                                                                                                                                      1. Pharmacies & Hospital Channels
                                                                                                                                                                                                                                                                                                                                                                        1. Direct B2B Bulk Supply
                                                                                                                                                                                                                                                                                                                                                                        2. By Cultivation & Production Model
                                                                                                                                                                                                                                                                                                                                                                          1. Indoor Cultivation
                                                                                                                                                                                                                                                                                                                                                                            1. Greenhouse Cultivation
                                                                                                                                                                                                                                                                                                                                                                              1. Outdoor Cultivation
                                                                                                                                                                                                                                                                                                                                                                                1. Biotechnological & Synthetic Production
                                                                                                                                                                                                                                                                                                                                                                              2. Mexico
                                                                                                                                                                                                                                                                                                                                                                              3. Argentina
                                                                                                                                                                                                                                                                                                                                                                              4. Chile
                                                                                                                                                                                                                                                                                                                                                                              5. Colombia
                                                                                                                                                                                                                                                                                                                                                                              6. Rest of LATAM
                                                                                                                                                                                                                                                                                                                                                                          2. Competitive Landscape, 2025
                                                                                                                                                                                                                                                                                                                                                                            1. Introduction
                                                                                                                                                                                                                                                                                                                                                                            2. Cannabis Market Share Analysis, 2025 (%)
                                                                                                                                                                                                                                                                                                                                                                              1. Market Share Analysis, 2025
                                                                                                                                                                                                                                                                                                                                                                              2. Competition Ranking, 2025
                                                                                                                                                                                                                                                                                                                                                                              3. Key Developments & Growth Strategies
                                                                                                                                                                                                                                                                                                                                                                                1. Merger & Acquisition
                                                                                                                                                                                                                                                                                                                                                                                2. Product Launch
                                                                                                                                                                                                                                                                                                                                                                                3. Expansion
                                                                                                                                                                                                                                                                                                                                                                              4. Consolidated SWOT Analysis of Key Players
                                                                                                                                                                                                                                                                                                                                                                          3. Company Profile
                                                                                                                                                                                                                                                                                                                                                                            1. Curaleaf Holdings
                                                                                                                                                                                                                                                                                                                                                                              1. Business Overview
                                                                                                                                                                                                                                                                                                                                                                              2. Financial Data
                                                                                                                                                                                                                                                                                                                                                                              3. Key Product domains
                                                                                                                                                                                                                                                                                                                                                                              4. Recent Developments
                                                                                                                                                                                                                                                                                                                                                                            2. Green Thumb Industries
                                                                                                                                                                                                                                                                                                                                                                            3. Trulieve Cannabis
                                                                                                                                                                                                                                                                                                                                                                            4. Canopy Growth Corporation
                                                                                                                                                                                                                                                                                                                                                                            5. Tilray Brands
                                                                                                                                                                                                                                                                                                                                                                            6. Aurora Cannabis
                                                                                                                                                                                                                                                                                                                                                                            7. Cronos Group
                                                                                                                                                                                                                                                                                                                                                                            8. Cresco Labs
                                                                                                                                                                                                                                                                                                                                                                            9. Verano Holdings
                                                                                                                                                                                                                                                                                                                                                                            10. Organigram Holdings