Cannabis revenue Germany

In 2022, medical cannabis generated a revenue of 253.5 million euros in Germany. This was an increase of almost a hundred euros compared to 2021. Although the medical cannabis market has shown consistent growth in Germany, the therapeutic cannabis market has a much larger revenue that is expected to surpass a billion euros in 2025.
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Revenue of medical and therapeutic cannabis in Germany from 2017 to 2027 (in million euros)

Characteristic	Medical cannabis	Therapeutic cannabis
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Supplementary notes

* Forecast.

Data encompasses B2B and B2C enterprises. Figures are based on companies' revenues, funding values and global consumer survey data. Revenues include retail, sales and taxes

Market sizes are determined by a Top-Down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use financial reports, third-party data. Next, we use relevant key market indicators and data from country-specific associations such as tobacco spending per capita, medical product spending per capita, consumer spending and consumer spending for recreation purposes, population. This data helps us to estimate the market size for each country individually.

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, S-Curve function, ARIMA time series model and exponential curve function.

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