Colorado Legal Cannabis Market Size, Share, and Trends 2024 to 2034

The global colorado legal cannabis market size is calculated at USD 2.99 billion in 2025 and is forecasted to reach around USD 9.00 billion by 2034, accelerating at a CAGR of 13.00% from 2025 to 2034. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : May 2025
  • Report Code : 6038
  • Category : Healthcare

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

5.1. COVID-19 Landscape: Colorado Legal Cannabis Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

8.1. Colorado Legal Cannabis Market Revenue and Volume Forecast, by Source

8.1.1. Hemp

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Marijuana

8.1.2.1. Market Revenue and Volume Forecast

9.1. Colorado Legal Cannabis Market Revenue and Volume Forecast, by Derivatives

9.1.1. CBD

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. THC

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Others

9.1.3.1. Market Revenue and Volume Forecast

10.1. Colorado Legal Cannabis Market Revenue and Volume Forecast, by Cultivation

10.1.1. Indoor Cultivation

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. Greenhouse Cultivation

10.1.2.1. Market Revenue and Volume Forecast

10.1.3. Outdoor Cultivation

10.1.3.1. Market Revenue and Volume Forecast

11.1. Colorado Legal Cannabis Market Revenue and Volume Forecast, by End Use

11.1.1. Industrial Use

11.1.1.1. Market Revenue and Volume Forecast

11.1.2. Medical Use

11.1.2.1. Market Revenue and Volume Forecast

11.1.3. Recreational Use

11.1.3.1. Market Revenue and Volume Forecast

12.1. North America

12.1.1. Market Revenue and Volume Forecast, by Source

12.1.2. Market Revenue and Volume Forecast, by Derivatives

12.1.3. Market Revenue and Volume Forecast, by Cultivation

12.1.4. Market Revenue and Volume Forecast, by End Use

12.1.5. U.S.

12.1.5.1. Market Revenue and Volume Forecast, by Source

12.1.5.2. Market Revenue and Volume Forecast, by Derivatives

12.1.5.3. Market Revenue and Volume Forecast, by Cultivation

12.1.5.4. Market Revenue and Volume Forecast, by End Use

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Volume Forecast, by Source

12.1.6.2. Market Revenue and Volume Forecast, by Derivatives

12.1.6.3. Market Revenue and Volume Forecast, by Cultivation

12.1.6.4. Market Revenue and Volume Forecast, by End Use

12.2. Europe

12.2.1. Market Revenue and Volume Forecast, by Source

12.2.2. Market Revenue and Volume Forecast, by Derivatives

12.2.3. Market Revenue and Volume Forecast, by Cultivation

12.2.4. Market Revenue and Volume Forecast, by End Use

12.2.5. UK

12.2.5.1. Market Revenue and Volume Forecast, by Source

12.2.5.2. Market Revenue and Volume Forecast, by Derivatives

12.2.5.3. Market Revenue and Volume Forecast, by Cultivation

12.2.5.4. Market Revenue and Volume Forecast, by End Use

12.2.6. Germany

12.2.6.1. Market Revenue and Volume Forecast, by Source

12.2.6.2. Market Revenue and Volume Forecast, by Derivatives

12.2.6.3. Market Revenue and Volume Forecast, by Cultivation

12.2.6.4. Market Revenue and Volume Forecast, by End Use

12.2.7. France

12.2.7.1. Market Revenue and Volume Forecast, by Source

12.2.7.2. Market Revenue and Volume Forecast, by Derivatives

12.2.7.3. Market Revenue and Volume Forecast, by Cultivation

12.2.7.4. Market Revenue and Volume Forecast, by End Use

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Volume Forecast, by Source

12.2.8.2. Market Revenue and Volume Forecast, by Derivatives

12.2.8.3. Market Revenue and Volume Forecast, by Cultivation

12.2.8.4. Market Revenue and Volume Forecast, by End Use

12.3. APAC

12.3.1. Market Revenue and Volume Forecast, by Source

12.3.2. Market Revenue and Volume Forecast, by Derivatives

12.3.3. Market Revenue and Volume Forecast, by Cultivation

12.3.4. Market Revenue and Volume Forecast, by End Use

12.3.5. India

12.3.5.1. Market Revenue and Volume Forecast, by Source

12.3.5.2. Market Revenue and Volume Forecast, by Derivatives

12.3.5.3. Market Revenue and Volume Forecast, by Cultivation

12.3.5.4. Market Revenue and Volume Forecast, by End Use

12.3.6. China

12.3.6.1. Market Revenue and Volume Forecast, by Source

12.3.6.2. Market Revenue and Volume Forecast, by Derivatives

12.3.6.3. Market Revenue and Volume Forecast, by Cultivation

12.3.6.4. Market Revenue and Volume Forecast, by End Use

12.3.7. Japan

12.3.7.1. Market Revenue and Volume Forecast, by Source

12.3.7.2. Market Revenue and Volume Forecast, by Derivatives

12.3.7.3. Market Revenue and Volume Forecast, by Cultivation

12.3.7.4. Market Revenue and Volume Forecast, by End Use

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Volume Forecast, by Source

12.3.8.2. Market Revenue and Volume Forecast, by Derivatives

12.3.8.3. Market Revenue and Volume Forecast, by Cultivation

12.3.8.4. Market Revenue and Volume Forecast, by End Use

12.4. MEA

12.4.1. Market Revenue and Volume Forecast, by Source

12.4.2. Market Revenue and Volume Forecast, by Derivatives

12.4.3. Market Revenue and Volume Forecast, by Cultivation

12.4.4. Market Revenue and Volume Forecast, by End Use

12.4.5. GCC

12.4.5.1. Market Revenue and Volume Forecast, by Source

12.4.5.2. Market Revenue and Volume Forecast, by Derivatives

12.4.5.3. Market Revenue and Volume Forecast, by Cultivation

12.4.5.4. Market Revenue and Volume Forecast, by End Use

12.4.6. North Africa

12.4.6.1. Market Revenue and Volume Forecast, by Source

12.4.6.2. Market Revenue and Volume Forecast, by Derivatives

12.4.6.3. Market Revenue and Volume Forecast, by Cultivation

12.4.6.4. Market Revenue and Volume Forecast, by End Use

12.4.7. South Africa

12.4.7.1. Market Revenue and Volume Forecast, by Source

12.4.7.2. Market Revenue and Volume Forecast, by Derivatives

12.4.7.3. Market Revenue and Volume Forecast, by Cultivation

12.4.7.4. Market Revenue and Volume Forecast, by End Use

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Volume Forecast, by Source

12.4.8.2. Market Revenue and Volume Forecast, by Derivatives

12.4.8.3. Market Revenue and Volume Forecast, by Cultivation

12.4.8.4. Market Revenue and Volume Forecast, by End Use

12.5. Latin America

12.5.1. Market Revenue and Volume Forecast, by Source

12.5.2. Market Revenue and Volume Forecast, by Derivatives

12.5.3. Market Revenue and Volume Forecast, by Cultivation

12.5.4. Market Revenue and Volume Forecast, by End Use

12.5.5. Brazil

12.5.5.1. Market Revenue and Volume Forecast, by Source

12.5.5.2. Market Revenue and Volume Forecast, by Derivatives

12.5.5.3. Market Revenue and Volume Forecast, by Cultivation

12.5.5.4. Market Revenue and Volume Forecast, by End Use

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Volume Forecast, by Source

12.5.6.2. Market Revenue and Volume Forecast, by Derivatives

12.5.6.3. Market Revenue and Volume Forecast, by Cultivation

12.5.6.4. Market Revenue and Volume Forecast, by End Use

Chapter 13. Company Profiles

13.1. Northwest Cannabis Solutions

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial PerSourceance

13.1.4. Recent Initiatives

13.2. The Hollingsworth Cannabis Company, LLC

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial PerSourceance

13.2.4. Recent Initiatives

13.3. Alkaloid Cannabis Company

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial PerSourceance

13.3.4. Recent Initiatives

13.4. Herbs House

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial PerSourceance

13.4.4. Recent Initiatives

13.5. Nirvana Cannabis

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial PerSourceance

13.5.4. Recent Initiatives

13.6. Edgemont Group (Leafwerx )

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial PerSourceance

13.6.4. Recent Initiatives

13.7. Olympia Weed Company

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial PerSourceance

13.7.4. Recent Initiatives

13.8. Canna West Seattle

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial PerSourceance

13.8.4. Recent Initiatives

13.9. Grow Op Farms (Phat Panda)

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial PerSourceance

13.9.4. Recent Initiatives

13.10. Forbidden Farms, LLC

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial PerSourceance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

The global colorado legal cannabis market size is expected to grow from USD 2.65 billion in 2024 to USD 9.00 billion by 2034.

The colorado legal cannabis market is anticipated to grow at a CAGR of 13.00% between 2025 and 2034.

The major players operating in the colorado legal cannabis market are Northwest Cannabis Solutions, The Hollingsworth Cannabis Company, LLC, Alkaloid Cannabis Company, Herbs House, Nirvana Cannabis, Edgemont Group (Leafwerx ), Olympia Weed Company, Canna West Seattle, Grow Op Farms (Phat Panda), Forbidden Farms, LLC, and Others.

The driving factors of the colorado legal cannabis market are the rising research and development activities to explore the applications of cannabis drive the growth of this market. 

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