North America Legal Cannabis Market Size Is Expected To Reach USD 38.2 Billion By 2028
San Francisco, 21 March 2022: The Report North America Legal Cannabis Market Size, Share & Trends Analysis Report By Sources (Marijuana, Hemp), By Derivatives (CBD, THC), By End Use (Medical, Recreational), And Segment Forecasts, 2022 - 2028 The North America legal cannabis market size is expected to reach USD 38.2 billion by 2028, registering a CAGR of 16.6% from 2022 to 2028 over the forecast period, according to a new report by Grand View Research, Inc. The rising legalization and growing use of marijuana for medical purposes are expected to propel market growth. In addition, as countries in the region are actively liberalizing laws related to marijuana, the market is likely to witness increased demand for cannabis-based products as well as their derivatives. The marijuana segment dominated the market in 2021. The higher efficiency of marijuana-derived CBD is one of the crucial factors signifying the larger share of this segment. The segment is also projected to grow at the