North America Legal Cannabis Market Competition by Manufacturers 2030
North America Legal Cannabis Industry Overview The North America legal cannabis market size was valued at USD 15.2 billion in 2022 and is expected to rise steadily with a compound annual growth rate (CAGR) of 14.6% from 2023 to 2030. Cannabis was made illegal by the tax act passed in 1937, California was the first state to make cannabis legal for use in medical applications, in 1996. North America has played a major role in shaping the legal cannabis industry. Maximum states across the U.S. and Canada have legitimized the use of cannabis for medical as well as recreational purposes. The drug has been studied for its effectiveness in managing chronic conditions in a much more efficient manner as compared to a contemporary line of treatment and thus has gained a lot of traction in recent years, propelling the growth of the regional market. Gather more insights about the market drivers, restrains and growth of the North America Legal Cannabis Market Cannabis is used in the form of oi...