Product & engineering
Understand the product.
This report studies the cannabis oil market.
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.
Cannabis oil reached considerable popularity when a man in Canada named Rick Simpson began distributing this concentrate, albeit illegally, as a medicine. Rick's oil (commonly known as ""Rick Simpson oil"") brought the long studied knowledge about the anti-tumor and various medicinal properties of cannabis to the mainstream.
Here's a list of some of the potential health and medicinal benefits of using it, all based on research and actual human consumption: Cancer prevention, Treating and reducing some cancers, Multiple Sclerosis, Epilepsy, Asthma, Rheumatism, Diabetes, High blood pressure, Chronic pain and pain, Inflammation, Eczema and dry skin, Glaucoma, Stress, Anxiety, Depression, Addiction, Insomnia, Anorexia and dramatic weight loss, Obesity.
Selected research
Industry Research
Cannabis Oil Industry Research Report 2026
Market perspective
This report studies the cannabis oil market.
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.
Cannabis oil reached considerable popularity when a man in Canada named Rick Simpson began distributing this concentrate, albeit illegally, as a medicine. Rick's oil (commonly known as ""Rick Simpson oil"") brought the long studied knowledge about the anti-tumor and various medicinal properties of cannabis to the mainstream.
Read the full market overview
Here's a list of some of the potential health and medicinal benefits of using it, all based on research and actual human consumption: Cancer prevention, Treating and reducing some cancers, Multiple Sclerosis, Epilepsy, Asthma, Rheumatism, Diabetes, High blood pressure, Chronic pain and pain, Inflammation, Eczema and dry skin, Glaucoma, Stress, Anxiety, Depression, Addiction, Insomnia, Anorexia and dramatic weight loss, Obesity.
Legality of cannabis oil differs in different regions. Currently, there are mainly eight suppliers, including Select Oil, K.I.N.D. Concentrates, Canopy Growth Corporation, Aphria, Emblem Cannabis Oils, Whistler, The Lab and Absolute Terps. Select Oil is the market leader, with about 21% market shares.
Global major cannabis oil production regions are USA, Canada and Europe. Canada is the largest production region, accounting for 52%.
Report Scope
This report quantifies the global Cannabis Oil market in terms of revenue (US$ million) and, where applicable, sales volume (K Bottles), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of Types and Applications, harmonizes vendor attribution, and presents comparable time series by company, Type, Application, and region/country, including indicative price bands (US$/K Bottles) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for brand owners, manufacturers, retailers, channel partners, and investors; data are structured with consistent units and fields to facilitate integration into internal FP&A and BI systems.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Cannabis Oil Market by Company
Select Oil
K.I.N.D. Concentrates
Canopy Growth Corporation
Aphria
Emblem Cannabis Oils
Whistler
The Lab
Absolute Terps
Cannabis Oil Segment by Type
Organic Cannabis Oil
Non-Organic Cannabis Oil
Cannabis Oil Segment by Application
Recreational
Medical
Cannabis Oil Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Cannabis Oil market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Cannabis Oil and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Cannabis Oil.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc.), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Cannabis Oil manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Cannabis Oil by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Cannabis Oil in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Organic Cannabis Oil
- Non-Organic Cannabis Oil
Applications
- Recreational
- Medical
Companies covered
- Select Oil
- K.I.N.D. Concentrates
- Canopy Growth Corporation
- Aphria
- Emblem Cannabis Oils
- Whistler
- The Lab
- Absolute Terps
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Global Market Growth Prospects
- 2.2.1 Global Cannabis Oil Market Size (2021-2032)
- 2.2.2 Global Cannabis Oil Sales (2021-2032)
- 2.2.3 Global Cannabis Oil Market Average Price (2021-2032)
- 2.3 Cannabis Oil by Type
- 2.3.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Organic Cannabis Oil
- 2.3.3 Non-Organic Cannabis Oil
- 2.4 Cannabis Oil by Application
- 2.4.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.4.2 Recreational
- 2.4.3 Medical
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Cannabis Oil Market Competitive Situation by Manufacturers (2021 Versus 2025)
- 3.2 Global Cannabis Oil Sales (K Bottles) of Manufacturers (2021-2026)
- 3.3 Global Cannabis Oil Revenue of Manufacturers (2021-2026)
- 3.4 Global Cannabis Oil Average Price by Manufacturers (2021-2026)
- 3.5 Global Cannabis Oil Industry Ranking, 2024 VS 2025 VS 2026
- 3.6 Global Manufacturers of Cannabis Oil, Manufacturing Sites & Headquarters
- 3.7 Global Manufacturers of Cannabis Oil, Product Type & Application
- 3.8 Global Manufacturers of Cannabis Oil, Established Date
- 3.9 Global Cannabis Oil Market CR5 and HHI
- 3.10 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Select Oil
- 4.1.1 Select Oil Company Information
- 4.1.2 Select Oil Business Overview
- 4.1.3 Select Oil Cannabis Oil Sales, Revenue and Gross Margin (2021-2026)
- 4.1.4 Select Oil Cannabis Oil Product Portfolio
- 4.1.5 Select Oil Recent Developments
- 4.2 K.I.N.D. Concentrates
- 4.2.1 K.I.N.D. Concentrates Company Information
- 4.2.2 K.I.N.D. Concentrates Business Overview
- 4.2.3 K.I.N.D. Concentrates Cannabis Oil Sales, Revenue and Gross Margin (2021-2026)
- 4.2.4 K.I.N.D. Concentrates Cannabis Oil Product Portfolio
- 4.2.5 K.I.N.D. Concentrates Recent Developments
- 4.3 Canopy Growth Corporation
- 4.3.1 Canopy Growth Corporation Company Information
- 4.3.2 Canopy Growth Corporation Business Overview
- 4.3.3 Canopy Growth Corporation Cannabis Oil Sales, Revenue and Gross Margin (2021-2026)
- 4.3.4 Canopy Growth Corporation Cannabis Oil Product Portfolio
- 4.3.5 Canopy Growth Corporation Recent Developments
- 4.4 Aphria
- 4.4.1 Aphria Company Information
- 4.4.2 Aphria Business Overview
- 4.4.3 Aphria Cannabis Oil Sales, Revenue and Gross Margin (2021-2026)
- 4.4.4 Aphria Cannabis Oil Product Portfolio
- 4.4.5 Aphria Recent Developments
- 4.5 Emblem Cannabis Oils
- 4.5.1 Emblem Cannabis Oils Company Information
- 4.5.2 Emblem Cannabis Oils Business Overview
- 4.5.3 Emblem Cannabis Oils Cannabis Oil Sales, Revenue and Gross Margin (2021-2026)
- 4.5.4 Emblem Cannabis Oils Cannabis Oil Product Portfolio
- 4.5.5 Emblem Cannabis Oils Recent Developments
- 4.6 Whistler
- 4.6.1 Whistler Company Information
- 4.6.2 Whistler Business Overview
- 4.6.3 Whistler Cannabis Oil Sales, Revenue and Gross Margin (2021-2026)
- 4.6.4 Whistler Cannabis Oil Product Portfolio
- 4.6.5 Whistler Recent Developments
- 4.7 The Lab
- 4.7.1 The Lab Company Information
- 4.7.2 The Lab Business Overview
- 4.7.3 The Lab Cannabis Oil Sales, Revenue and Gross Margin (2021-2026)
- 4.7.4 The Lab Cannabis Oil Product Portfolio
- 4.7.5 The Lab Recent Developments
- 4.8 Absolute Terps
- 4.8.1 Absolute Terps Company Information
- 4.8.2 Absolute Terps Business Overview
- 4.8.3 Absolute Terps Cannabis Oil Sales, Revenue and Gross Margin (2021-2026)
- 4.8.4 Absolute Terps Cannabis Oil Product Portfolio
- 4.8.5 Absolute Terps Recent Developments
5 Global Cannabis Oil Market Scenario by Region
- 5.1 Global Cannabis Oil Market Size by Region: 2021 VS 2025 VS 2032
- 5.2 Global Cannabis Oil Sales by Region: 2021-2032
- 5.2.1 Global Cannabis Oil Sales by Region: 2021-2026
- 5.2.2 Global Cannabis Oil Sales by Region: 2027-2032
- 5.3 Global Cannabis Oil Revenue by Region: 2021-2032
- 5.3.1 Global Cannabis Oil Revenue by Region: 2021-2026
- 5.3.2 Global Cannabis Oil Revenue by Region: 2027-2032
- 5.4 North America Cannabis Oil Market Facts & Figures by Country
- 5.4.1 North America Cannabis Oil Market Size by Country: 2021 VS 2025 VS 2032
- 5.4.2 North America Cannabis Oil Sales by Country (2021-2032)
- 5.4.3 North America Cannabis Oil Revenue by Country (2021-2032)
- 5.4.4 United States
- 5.4.5 Canada
- 5.4.6 Mexico
- 5.5 Europe Cannabis Oil Market Facts & Figures by Country
- 5.5.1 Europe Cannabis Oil Market Size by Country: 2021 VS 2025 VS 2032
- 5.5.2 Europe Cannabis Oil Sales by Country (2021-2032)
- 5.5.3 Europe Cannabis Oil Revenue by Country (2021-2032)
- 5.5.4 Germany
- 5.5.5 France
- 5.5.6 U.K.
- 5.5.7 Italy
- 5.5.8 Russia
- 5.5.9 Spain
- 5.5.10 Netherlands
- 5.5.11 Switzerland
- 5.5.12 Sweden
- 5.5.13 Poland
- 5.6 Asia Pacific Cannabis Oil Market Facts & Figures by Country
- 5.6.1 Asia Pacific Cannabis Oil Market Size by Country: 2021 VS 2025 VS 2032
- 5.6.2 Asia Pacific Cannabis Oil Sales by Country (2021-2032)
- 5.6.3 Asia Pacific Cannabis Oil Revenue by Country (2021-2032)
- 5.6.4 China
- 5.6.5 Japan
- 5.6.6 South Korea
- 5.6.7 India
- 5.6.8 Australia
- 5.6.9 Taiwan
- 5.6.10 Southeast Asia
- 5.7 South America Cannabis Oil Market Facts & Figures by Country
- 5.7.1 South America Cannabis Oil Market Size by Country: 2021 VS 2025 VS 2032
- 5.7.2 South America Cannabis Oil Sales by Country (2021-2032)
- 5.7.3 South America Cannabis Oil Revenue by Country (2021-2032)
- 5.7.4 Brazil
- 5.7.5 Argentina
- 5.7.6 Chile
- 5.8 Middle East and Africa Cannabis Oil Market Facts & Figures by Country
- 5.8.1 Middle East and Africa Cannabis Oil Market Size by Country: 2021 VS 2025 VS 2032
- 5.8.2 Middle East and Africa Cannabis Oil Sales by Country (2021-2032)
- 5.8.3 Middle East and Africa Cannabis Oil Revenue by Country (2021-2032)
- 5.8.4 Egypt
- 5.8.5 South Africa
- 5.8.6 Israel
- 5.8.7 Türkiye
- 5.8.8 GCC Countries
6 Segment by Type
- 6.1 Global Cannabis Oil Sales by Type (2021-2032)
- 6.1.1 Global Cannabis Oil Sales by Type (2021-2032) & (K Bottles)
- 6.1.2 Global Cannabis Oil Sales Market Share by Type (2021-2032)
- 6.2 Global Cannabis Oil Revenue by Type (2021-2032)
- 6.2.1 Global Cannabis Oil Sales by Type (2021-2032) & (US$ Million)
- 6.2.2 Global Cannabis Oil Revenue Market Share by Type (2021-2032)
- 6.3 Global Cannabis Oil Price by Type (2021-2032)
7 Segment by Application
- 7.1 Global Cannabis Oil Sales by Application (2021-2032)
- 7.1.1 Global Cannabis Oil Sales by Application (2021-2032) & (K Bottles)
- 7.1.2 Global Cannabis Oil Sales Market Share by Application (2021-2032)
- 7.2 Global Cannabis Oil Revenue by Application (2021-2032)
- 7.2.1 Global Cannabis Oil Sales by Application (2021-2032) & (US$ Million)
- 7.2.2 Global Cannabis Oil Revenue Market Share by Application (2021-2032)
- 7.3 Global Cannabis Oil Price by Application (2021-2032)
8 Value Chain and Sales Channels Analysis of the Market
- 8.1 Cannabis Oil Value Chain Analysis
- 8.1.1 Cannabis Oil Key Raw Materials
- 8.1.2 Raw Materials Key Suppliers
- 8.1.3 Cannabis Oil Production Mode & Process
- 8.2 Cannabis Oil Sales Channels Analysis
- 8.2.1 Direct Comparison with Distribution Share
- 8.2.2 Cannabis Oil Distributors
- 8.2.3 Cannabis Oil Customers
9 Global Cannabis Oil Analyzing Market Dynamics
- 9.1 Cannabis Oil Industry Trends
- 9.2 Cannabis Oil Industry Drivers
- 9.3 Cannabis Oil Industry Opportunities and Challenges
- 9.4 Cannabis Oil Industry Restraints
10 Report Conclusion
11 Disclaimer
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