Do you know Canada cannabis vape market? If not yet, please read on. As we know, cannabis vape devices are legal for sale in the whole country. All businesses should follow the Cannabis Regulations. This market is expected to increase very quickly and reach a projected revenue of $695.3 million by 2030. Here is a graph chart of the Canadian cannabis vape market from 2025 to 2030.
Base on this graph chart, Canada cannabis market is so big.
Revenue, 2024 (US$M): $314.9
Forecast, 2030 (US$M): $695.3
CAGR, 2025 – 2030: 14.2%
Canada cannabis vape market highlights
The Canada cannabis vape market generated a revenue of USD 314.9 million in 2024 and is expected to reach USD 695.3 million by 2030.
The Canada market is expected to grow at a CAGR of 14.1% from 2025 to 2030.
In terms of segment, portable was the largest revenue generating type in 2024.
Portable is the most lucrative type segment registering the fastest growth during the forecast period. Among the different segments, the portable cannabis vape has emerged as the kingpin.
Cannabis vape market data book summary
Market revenue in 2024 USD 314.9 million
Market revenue in 2030 USD 695.3 million
Growth rate 14.1% (CAGR from 2025 to 2030)
Largest segment Portable
Fastest growing segment Portable
Historical data 2018 – 2023
Base year 2024
Forecast period 2025 – 2030
Quantitative units Revenue in USD million
Market segmentation Tabletop, Portable
Other key industry trends
In terms of revenue, Canada accounted for 5.4% of the global cannabis vape market in 2024.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In North America, U.S. cannabis vape market is projected to lead the regional market in terms of revenue in 2030.
Mexico is the fastest growing regional market in North America and is projected to reach USD 439.5 million by 2030.