Latin America: cannabis market value 2020-2025

Published by Statista Research Department, Jul 25, 2023
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)

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Release date

September 2021

Region

LAC

Survey time period

2021

Supplementary notes

*Figures for 2021 to 2025 are estimates.

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