North America, Europe & Asia Pacific Legal Cannabis Market Size Is Expected To Reach USD 89.8 Billion By 2030
San Francisco, 11 June 2024: The Report North America, Europe & Asia Pacific Legal Cannabis Market Size, Share & Trends Analysis Report By Source Type, By Derivatives, By End-use, By Region, And Segment Forecasts, 2023 - 2030 The North America, Europe, and Asia Pacific legal cannabis market size is expected to reach USD 89.8 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 22.3% from 2023 to 2030. As more individuals become aware of the medical benefits of hemp, marijuana, and its derivatives, and as these products become more generally available, acceptance is expanding. Another key factor boosting market expansion is the increased acceptance of medicinal marijuana for the treatment of chronic diseases. Legalizing marijuana for adult use in many countries will assist in creating new job possibilities and add significantly to the economy. Tourism, real estate, finance, food, and transportation are just a few of t