Russia Legalized Cannabis Market Size & Outlook, 2025-2033


Russia Legalized Cannabis Market Insights

  • Based on Reed Intelligence findings, the Russia Legalized Cannabis Market reached USD 983.39 Million in 2024 and is estimated to attain USD 7121.63 Million by 2033.
  • From 2025 to 2033, the Russia market is expected to grow at a steady CAGR of 24.47%.
  • Within the By Usage category, Medical dominated in 2024 in terms of market size contribution.
  • Over the forecast period, Medical is forecasted to deliver the fastest growth, positioning it as the most lucrative By Usage segment.

Other Key Findings


  • In 2024, Russia represented 2.89% of the overall global Legalized Cannabis Market size.
  • United States is projected to lead the global Legalized Cannabis Market size by 2033.
  • Across Europe, Germany is anticipated to hold the dominant position in market size by 2033.
  • Nordic is forecasted to expand at the fastest pace in Europe, attaining USD 5934.09 Million by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 983.39 Million
Market Size In 2033 USD 7121.63 Million
Largest segment Medical
Units Revenue in USD Million
CAGR 24.47% (2025-2033)
Segmnetation Covered
By Usage
  1. Medical
  2. Recreational
  3. Industrial Hemp
By Form
  1. Bud
  2. Oil
  3. Tincture
By Application
  1. Chronic Pain
  2. Mental Disorders
  3. Cancer
  4. Others
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

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