Key Report Findings:

• Cannabis represents a market of global consequence with consumers globally spending $415 billion USD annually.
• With more than 268 million cannabis consumers globally, further social acceptance and normalization of cannabis use will unveil a massive consumer group with corresponding buying potential.
• Across legal country markets, sales of high-THC cannabis totaled nearly $24 billion in 2020, with sales forecast to double to over $50 billion by 2025.

On behalf of New Frontier Data, your trusted source of unbiased, vetted cannabis business intelligence, we hope you find this report valuable as you navigate the increasingly nuanced market dynamics shaping the global industry.