Australia Legal Cannabis Market Size, Share & Trends Analysis Report 2025-2030 | New Products and Rising Patient Adoption Fueling Expansion

The Australian legal cannabis market, valued at USD 123.9M in 2024, is projected to reach USD 540.6M by 2030, with a CAGR of 23.70%. Growth drivers include cannabis legalization, government initiatives, and new product launches. Market highlights: hemp dominates revenue, CBD leads the market, and industrial applications prevail. Explore comprehensive market insights, trends, and competitive strategies for informed decisions.

The Australian legal cannabis market, valued at USD 123.9M in 2024, is projected to reach USD 540.6M by 2030, with a CAGR of 23.70%. Growth drivers include cannabis legalization, government initiatives, and new product launches. Market highlights: hemp dominates revenue, CBD leads the market, and industrial applications prevail. Explore comprehensive market insights, trends, and competitive strategies for informed decisions.

Source: https://www.globenewswire.com/news-release/2025/07/11/3114110/28124/en/Australia-Legal-Cannabis-Market-Size-Share-Trends-Analysis-Report-2025-2030-New-Products-and-Rising-Patient-Adoption-Fueling-Expansion.html