QYR Market Research Global Cannabis Oil Market Research | Page 3

QYResearch
• Cannabis oil is from the marijuana plant (cannabis
indicas). The oil is extracted from the leaves of the
cannabis plant. It contains high levels of THC. It is used
for medicinal purposes and as a recreational drug.
• The global Cannabis Oil market is valued at USD 99.66
million in 2017 and is expected to reach USD 1,774
million by the end of 2024, growing at a Growth Rate of
50.89% between 2017 and 2024.
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cannabis-oil-market