| Product Code: ETC8628080 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite the high Herfindahl-Hirschman Index (HHI) indicating market concentration, Nigeria saw a significant decline in the Compound Annual Growth Rate (CAGR) for legal marijuana imports from 2020 to 2024. Top exporting countries such as Vietnam, China, India, Mexico, and the UK are key players in supplying marijuana to Nigeria. The negative growth rate in 2024 highlights challenges in the market, possibly due to regulatory issues or changing consumer preferences. Monitoring these trends will be crucial for stakeholders looking to navigate the evolving landscape of the legal marijuana industry in Nigeria.

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 Nigeria Legal Marijuana Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Legal Marijuana Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Legal Marijuana Market - Industry Life Cycle |
3.4 Nigeria Legal Marijuana Market - Porter's Five Forces |
3.5 Nigeria Legal Marijuana Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Nigeria Legal Marijuana Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Nigeria Legal Marijuana Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Legal Marijuana Market Trends |
6 Nigeria Legal Marijuana Market, By Types |
6.1 Nigeria Legal Marijuana Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Legal Marijuana Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Nigeria Legal Marijuana Market Revenues & Volume, By Medical, 2021- 2031F |
6.1.4 Nigeria Legal Marijuana Market Revenues & Volume, By Adult Use, 2021- 2031F |
6.2 Nigeria Legal Marijuana Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Legal Marijuana Market Revenues & Volume, By Flower, 2021- 2031F |
6.2.3 Nigeria Legal Marijuana Market Revenues & Volume, By Oils and Tinctures, 2021- 2031F |
7 Nigeria Legal Marijuana Market Import-Export Trade Statistics |
7.1 Nigeria Legal Marijuana Market Export to Major Countries |
7.2 Nigeria Legal Marijuana Market Imports from Major Countries |
8 Nigeria Legal Marijuana Market Key Performance Indicators |
9 Nigeria Legal Marijuana Market - Opportunity Assessment |
9.1 Nigeria Legal Marijuana Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Nigeria Legal Marijuana Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Nigeria Legal Marijuana Market - Competitive Landscape |
10.1 Nigeria Legal Marijuana Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Legal Marijuana Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |