Global Cannabis Oil Market is expected to reach USD 1,774 million by the end of 2024

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Cannabis oil is from the marijuana plant (cannabis indicas). The oil is extracted from the leaves of the cannabis plant. It contains high levels of THC. It is used for medicinal purposes and as a recreational drug.

The global Cannabis Oil market is valued at USD 99.66 million in 2017 and is expected to reach USD 1,774 million by the end of 2024, growing at a Growth Rate of 50.89% between 2017 and 2024.

Legality of cannabis oil differs in different regions. Currently, there are mainly eight suppliers, including Select Oil, K.I.N.D. Concentrates, Canopy Growth Corporation, Aphria, Emblem Cannabis Oils, Whistler, The Lab and Absolute Terps. Select Oil is the market leader.

Market Segment Applications, can be divided into

·        Recreational

·        Medical
 

Market Segment by Type, covers

·        Organic Cannabis Oil

·        Non-Organic Cannabis Oil

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Global Competitive landscape and key vendors

·        Select Oil

·        K.I.N.D. Concentrates

·        Canopy Growth Corporation

·        Aphria

·        Emblem Cannabis Oils

·        Whistler

·        The Lab

·        Absolute Terps

This report studies the cannabis oil market status and outlook of global and major regions, from angles of manufacturers, regions, product types and end industries; this report analyzes the top manufacturers in global and major regions, and splits the cannabis oil market by product type and applications/end industries.

Cannabis oil is from the marijuana plant (cannabis indicas). The oil is extracted from the leaves of the cannabis plant. It contains high levels of THC. It is used for medicinal purposes and as a recreational drug.

The global Cannabis Oil market is valued at USD 99.66 million in 2017 and is expected to reach USD 1,774 million by the end of 2024, growing at a Growth Rate of 50.89% between 2017 and 2024.

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