The number of users of the medical cannabis segment of the cannabis market in Latin America was forecast to continuously increase between 2024 and 2028 by in total 2.4 million users (+50.68 percent). After the twelfth consecutive increasing year, the indicator is estimated to reach seven million users and therefore a new peak in 2028. Notably, the number of medical cannabis users in the region was continuously increasing over the past years.
Number of users of medical cannabis in Latin America from 2016 to 2028
(in 1,000s)
Data provided by Statista Market Insights are estimates.
The medical cannabis market includes cannabinoid-based medicine, either licensed or unlicensed (not holding marketing authorization), which is supplied through the healthcare system and prescribed by a doctor with the primary focus of mitigating serious disease symptoms. It can include higher tetrahydrocannabinol (THC) levels of cannabidiol (CBD).
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Statista. (February 13, 2024). Number of users of medical cannabis in Latin America from 2016 to 2028 (in 1,000s) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1450683/number-users-medical-cannabis-latin-america
Statista. "Number of users of medical cannabis in Latin America from 2016 to 2028 (in 1,000s)." Chart. February 13, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1450683/number-users-medical-cannabis-latin-america
Statista. (2024). Number of users of medical cannabis in Latin America from 2016 to 2028 (in 1,000s). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1450683/number-users-medical-cannabis-latin-america
Statista. "Number of Users of Medical Cannabis in Latin America from 2016 to 2028 (in 1,000s)." Statista, Statista Inc., 13 Feb 2024, https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1450683/number-users-medical-cannabis-latin-america
Statista, Number of users of medical cannabis in Latin America from 2016 to 2028 (in 1,000s) Statista, https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1450683/number-users-medical-cannabis-latin-america (last visited November 10, 2024)
Number of users of medical cannabis in Latin America from 2016 to 2028 (in 1,000s) [Graph], Statista, February 13, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1450683/number-users-medical-cannabis-latin-america
