Marijuana market size with full legalization by sales price Canada 2015-2020

This graph shows the estimated market size of medical marijuana in Canada, assuming that Canada legalizes recreational marijuana in 2018, from 2015 to 2020, by sales price. It is predicted, that assuming a price of $7.5/g for dried marijuana and $2.6/ml for oil/extract, if Canada legalizes marijuana by 2018, the combined marijuana market in Canada will be worth 2.8 billion dollars by 2020.

Medical and recreational marijuana market size in Canada assuming full legalization from 2015 to 2020, by sales price (in million Canadian dollars)*

Characteristic	2015	2016	2017	2018	2019	2020
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Release date

April 2016

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Region

Canada

Survey time period

as of April 2016

Supplementary notes

* Estimates assume Canada will fully legalize recreational marijuana in 2018.
The study assumes recreational use would "constitute 30% and 67% of the total dried marijuana and extracts/oil market, respectively, at the end of the first year of full legalization, leaving the medical part at 70% and 33%, respectively."

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