| Product Code: ETC6652281 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Canada cannabis vertical market, the import trend experienced significant growth from 2023 to 2024, with a remarkable 257.14% increase. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 5.74%. This surge in imports can be attributed to shifting consumer preferences towards cannabis products, indicating a notable demand shift within the market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Cannabis Vertical Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Cannabis Vertical Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Cannabis Vertical Market - Industry Life Cycle |
3.4 Canada Cannabis Vertical Market - Porter's Five Forces |
3.5 Canada Cannabis Vertical Market Revenues & Volume Share, By Structure, 2022 & 2032F |
3.6 Canada Cannabis Vertical Market Revenues & Volume Share, By Component, 2022 & 2032F |
3.7 Canada Cannabis Vertical Market Revenues & Volume Share, By Growing Mechanism, 2022 & 2032F |
3.8 Canada Cannabis Vertical Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Canada Cannabis Vertical Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Legalization of recreational cannabis in Canada |
4.2.2 Increasing acceptance and adoption of cannabis for medical purposes |
4.2.3 Growth in product innovation and diversification within the cannabis industry |
4.3 Market Restraints |
4.3.1 Regulatory challenges and compliance requirements |
4.3.2 Limited access to banking and financial services for cannabis businesses |
4.3.3 Persistent stigma and social resistance towards cannabis consumption |
5 Canada Cannabis Vertical Market Trends |
6 Canada Cannabis Vertical Market, By Types |
6.1 Canada Cannabis Vertical Market, By Structure |
6.1.1 Overview and Analysis |
6.1.2 Canada Cannabis Vertical Market Revenues & Volume, By Structure, 2022-2032F |
6.1.3 Canada Cannabis Vertical Market Revenues & Volume, By Building-based, 2022-2032F |
6.1.4 Canada Cannabis Vertical Market Revenues & Volume, By Shipping Container, 2022-2032F |
6.2 Canada Cannabis Vertical Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Canada Cannabis Vertical Market Revenues & Volume, By Hardware, 2022-2032F |
6.2.3 Canada Cannabis Vertical Market Revenues & Volume, By Software, 2022-2032F |
6.2.4 Canada Cannabis Vertical Market Revenues & Volume, By Services, 2022-2032F |
6.3 Canada Cannabis Vertical Market, By Growing Mechanism |
6.3.1 Overview and Analysis |
6.3.2 Canada Cannabis Vertical Market Revenues & Volume, By Hydroponics, 2022-2032F |
6.3.3 Canada Cannabis Vertical Market Revenues & Volume, By Aeroponics, 2022-2032F |
6.3.4 Canada Cannabis Vertical Market Revenues & Volume, By Aquaponics, 2022-2032F |
6.4 Canada Cannabis Vertical Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Canada Cannabis Vertical Market Revenues & Volume, By Medical Cannabis, 2022-2032F |
6.4.3 Canada Cannabis Vertical Market Revenues & Volume, By Recreational Cannabis, 2022-2032F |
6.4.4 Canada Cannabis Vertical Market Revenues & Volume, By Research and Development, 2022-2032F |
7 Canada Cannabis Vertical Market Import-Export Trade Statistics |
7.1 Canada Cannabis Vertical Market Export to Major Countries |
7.2 Canada Cannabis Vertical Market Imports from Major Countries |
8 Canada Cannabis Vertical Market Key Performance Indicators |
8.1 Number of licensed cannabis producers in Canada |
8.2 Average price per gram of cannabis products |
8.3 Number of cannabis retail stores opening in key provinces |
8.4 Percentage of population using cannabis for medical purposes |
8.5 Amount of investment flowing into the Canadian cannabis industry |
9 Canada Cannabis Vertical Market - Opportunity Assessment |
9.1 Canada Cannabis Vertical Market Opportunity Assessment, By Structure, 2022 & 2032F |
9.2 Canada Cannabis Vertical Market Opportunity Assessment, By Component, 2022 & 2032F |
9.3 Canada Cannabis Vertical Market Opportunity Assessment, By Growing Mechanism, 2022 & 2032F |
9.4 Canada Cannabis Vertical Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Canada Cannabis Vertical Market - Competitive Landscape |
10.1 Canada Cannabis Vertical Market Revenue Share, By Companies, 2025 |
10.2 Canada Cannabis Vertical Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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