Latin America's legal cannabis market is expected to grow substantially in the coming years. From a value of 7.3 billion U.S. dollars in 2020, the market is projected to reach 44.8 billion dollars by 2025.
Market value of cannabis in Latin America from 2020 to 2025
(in billion U.S. dollars)
Characteristic
Medical use
Adult use
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New Frontier Data. (September 15, 2021). Market value of cannabis in Latin America from 2020 to 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/1015644/latin-america-cannabis-market-value/
New Frontier Data. "Market value of cannabis in Latin America from 2020 to 2025 (in billion U.S. dollars)." Chart. September 15, 2021. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/1015644/latin-america-cannabis-market-value/
New Frontier Data. (2021). Market value of cannabis in Latin America from 2020 to 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/1015644/latin-america-cannabis-market-value/
New Frontier Data. "Market Value of Cannabis in Latin America from 2020 to 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Sep 2021, https://www.statista.com/statistics/1015644/latin-america-cannabis-market-value/
New Frontier Data, Market value of cannabis in Latin America from 2020 to 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1015644/latin-america-cannabis-market-value/ (last visited June 18, 2024)
Market value of cannabis in Latin America from 2020 to 2025 (in billion U.S. dollars) [Graph], New Frontier Data, September 15, 2021. [Online]. Available: https://www.statista.com/statistics/1015644/latin-america-cannabis-market-value/