Top Cannabis Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Cannabis Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Cannabis industry players.

Cannabis Market Competitive Landscape

Legalization, easy access to medical marijuana, and change in public opinion worldwide are driving dramatic growth in the global cannabis market. As cannabis becomes more popular for health and wellness products - discounted and not - more consumers are sucked into that whole mess, especially for CBD products. This trend also becomes manifest by the growing adoption of sustainable and organic farming practices, which is a remarkable trend. This page will show how diverseness of products available, legal endorsement, and environmentally friendly farming practices impact the marketing expansion and prosperity.

Industry Overview

According to SkyQuest Technology “Cannabis Market By Product Type (Buds, Oil, and Tinctures) By Component (THC-Dominant, Balanced THC & CBD, and CBD-Dominant), By Usage (Medical and Recreational), By Crop Variety, By Distribution Channel, By Region - Industry Forecast 2026-2033,” CBD-dominant products are likely going to drive the growth of the global cannabis industry. Such products are very appealing due to their multi-therapeutic applications and the fact that they do not produce intoxicating effects like other cannabis chemicals.

Top 10 Global Cannabis Companies

Company

Est. Year

Headquarters

Revenue

Key Services

Tilray Brands Inc.

2013

New York City, USA

USD 821.3 Million (2025)

Tilray Brands is a diversified global cannabis and CPG company. It focuses on medical and adult-use cannabis cultivation, processing, and distribution, while also expanding into cannabis-infused beverages, wellness products, and pharmaceutical cannabis across North America and international markets.

Cronos Group Inc.

2012

Toronto, Ontario, Canada

NA

Cronos Group specializes in cannabis cultivation, cannabinoid research, and branded product development. The company emphasizes innovation in CBD and THC derivatives, wellness products, and global cannabis distribution through strategic partnerships and R&D-driven platforms.

Canopy Growth Corporation

2013

Smiths Falls, Ontario, Canada

USD 199.06 Million (2025)

Canopy Growth is a leading producer of medical and recreational cannabis. Its offerings include dried flower, oils, softgels, and infused products, supported by a strong retail presence and expanding international medical cannabis operations.

Sundial Growers Inc.

2006

Calgary, Alberta, Canada

USD 244.2 Million (2025)

Sundial Growers focuses on premium cannabis cultivation and branded product manufacturing. The company is active in flower, pre-rolls, and edibles, while also leveraging investment platforms and retail partnerships to strengthen its Canadian market position.

Aurora Cannabis Inc.

2006

Edmonton, Alberta, Canada

USD 88 Million (2025)

Aurora Cannabis is a global medical cannabis supplier with a strong focus on pharmaceutical-grade production. Its portfolio includes dried cannabis, extracts, and medical formulations, serving patients across Europe, Australia, and North America.

Green Thumb Industries Inc.

2014

Chicago, Illinois, USA

Approximately USD 1.2 Billion (2025)

Green Thumb Industries operates as a vertically integrated cannabis company. It manages cultivation facilities, manufactures branded products, and runs RISE retail dispensaries across multiple U.S. states, focusing on consistent quality and brand loyalty.

Trulieve Cannabis Corp.

NA

Tallahassee, Florida, USA

Approximately USD 2.8 Billion (2025)

Trulieve is a dominant U.S. multi-state operator with strong retail penetration. The company integrates cultivation, processing, and dispensary operations, with a particularly strong footprint in Florida and expanding presence across legalized states.

Curaleaf Holdings Inc.

2010

Stamford, Connecticut, USA

USD 310 Million (2025)

Curaleaf is one of the world’s largest cannabis companies by revenue. It operates extensive cultivation, extraction, and retail networks, offering medical and adult-use cannabis products across the U.S. and select international markets.

Verano Holdings Corp.

2014

Chicago, Illinois, USA

NA

Verano Holdings is a vertically integrated cannabis operator managing cultivation, processing, and retail brands such as Zen Leaf and MÜV. The company focuses on premium products and regulated markets across multiple U.S. states.

Cresco Labs Inc.

2013

Chicago, Illinois, USA

USD 1.4 Billion (2025)

Cresco Labs specializes in branded cannabis products and large-scale cultivation. Through its Sunnyside dispensaries, the company supplies medical and recreational cannabis while emphasizing supply-chain efficiency and wholesale leadership.

1. Tilray Brands Inc.

Tilray has a very big footprint in the global cannabis industry. It offers a long list of products in categories such as wellness, recreational, and medical. This business handles the full spectrum of managing cannabis production, distribution, and processing in North America and beyond. As it continues to grow, Tilray by adding products such as sweets and pharmaceutical-grade offerings into the fold of its market reach, as well as cannabis beverages. Innovation at Tilray has always been through strategic partnerships and acquisitions, assisting the development of the medicinal and adult-use sectors internationally and improving consumer access and broader acceptance of regulated cannabis.

2. Cronos Group Inc.

Globally, Cronos Group runs a CBD and THC-based recreational, therapeutic, and wellness product line under brands developed, cannabinoid cultivation, and research. For additional market share, Cronos Group invests in partnership and R&D for innovations and growing its product lines. Reaching both medical and adult-use segments builds trust among consumers and encourages regulatory compliance, thus contributing to the expansion of the global cannabis market in increasing product availability and revenue while offering a larger assortment of products.

3. Canopy Growth Company

Canopy Growth stands as a leading player in both medical and recreational cannabis markets and provides softgels, oils, dried flower, and infused products. Brand recognition and accessibility have become so important since the world changed, and marketing came into being. Through innovation and quality in products, Canopy continues to promote market growth and enjoys further acceptance in the adult-use industry and medical sectors. Canopy has fortified its position as a cog in cannabis business growth through international licensing agreements.

4. Sundial Growers, Inc.

The main thrust of Sundial Growers involves the production of premium cannabis as well as developing products such as edibles, pre-rolls, and flowers. The business model of Sundial will be directed mainly to the Canadian recreational and medicinal niche markets centred on operating efficiencies and a distinctive brand name. Contributing through expanding the product offerings, supporting regional distribution systems, and complying with all legal requirements, this gives Sundial more credit in the market. All these contribute to innovative, scalable production methods, ensuring a steady supply, promoting broader use of the cannabis product, and eventually building the industry's development.

5. Aurora Cannabis Inc.

Aurora Cannabis Inc. more like leads in the world medicinal cannabis business as it sells extracts, dried flower, and pharmaceutical-grade products. Operations are catered toward the patient bases within Canada, Europe, and international markets. Aurora contributes to consistent product quality, growing research on medicinal cannabis, and assistance with international distribution networks. Emphasizing on innovation, accessibility, and compliance, bolsters the legitimacy and acceptability of medical cannabis thus installing it as a major force in the expansion of the worldwide cannabis market.

6. Green Thumb Industries, Inc.

Through its RISE dispensaries, Green Thumb Industries manages everything from cultivating the plants to dispensing them. The kinds of services GTI offers include; bringing to market its own cannabis brands, streamlining the processes, and ensuring compliance with respective state regulations. With these, GTI became a leading player in the growing U.S. cannabis market with diversified products that cover wellness and health-related products, and with a strong retail backbone.

7. Trulieve Cannabis Corp.

Trulieve is a multi-state operator that both cultivates cannabis and operates dispensaries while producing its own line of branded merchandise. It is well-positioned in Florida and has begun expanding into other states, thereby reaching a very wide customer base. Trulieve promotes market growth by giving premium medical and recreational cannabis, streamlining the supply chain and retail processes, and enhancing access. The broadest acceptance of legal cannabis in the United States is strengthened through that strategy.

8. Curaleaf Holdings, Inc.

With an unmatched infrastructure for import, extraction, and distribution, Curaleaf stands prominently at the international cannabis market. Moreover, the company operates lifestyle markets in several states in the USA and some abroad. Its market leverage is also derived from an extended selection of branded products, for operational scalability, and a commitment to compliance. Extensive retail presence and state-of-the-art product line propel adoption and support the global cannabis industry.

9. Verano Holdings, Inc.

Verano Holdings operates a vertically integrated cannabis business from cultivation and processing to sale. While enabling greater access into various states in the U.S., the company manufactures consistently good quality products and cultivates customer loyalty. For the most part, Verano's size of operations, innovation strategy, and adherence to regulatory compliance contribute toward the growth of the cannabis market, which further benefits both adult-use consumers and wellness consumers.

10. Cresco Labs, Inc.

Another U.S.-based, vertically integrated company is Cresco Labs, which manages retail, processing, and growing through its dispensaries in Sunnyside. An increase in product accessibility and supplying branded cannabis across states are the responsibilities lying above the others as contributing to simplified wholesale and retail distribution to consumers. In turn, Cresco promotes market growth by simplifying processes, introducing new goods, and adhering to regulations, speeding up confidence buildups among consumers and an accelerated uptake into the wellness, medical, and recreational sectors.

Other Leading Global Cannabis Companies

  • Ayr Wellness Inc.
  • TerrAscend Corp.
  • Jushi Holdings Inc.
  • Columbia Care Inc.
  • Panet 13 Holdings Inc.
  • IAnthus Capital Holdings Inc.

Conclusion

The global cannabis industry is expected to grow steadily. Legalization is increasing, the public's perception is changing, and there is growing use of cannabis in wellness and medicine. The multinational corporations such as Tilray, Canopy Growth, Aurora, and Curaleaf are cementing their position in the market as standard-setters of goods and creators of retail networks on a global scale. For instance, Cresco Labs, GTI, and Trulieve serve as examples of defining the standard for multi-state expansion in the United States. Advances in edibles, CBD, and sustainable agricultural practices are also breaking new ground in providing access to cannabis and ensuring the industry's long-term sustainability.

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FAQs

Global Cannabis Market size was valued at USD 49.18 Billion in 2024 and is poised to grow from USD 57.1 Billion in 2025 to USD 188.49 Billion by 2033, growing at a CAGR of 16.1% during the forecast period (2026–2033).

Tilray Brands Inc. (Canada), Cronos Group Inc. (Canada), Canopy Growth Corporation (Canada), Sundial Growers Inc. (Canada), Aurora Cannabis Inc. (Canada), Green Thumb Industries Inc. (United States), Trulieve Cannabis Corp. (United States), Curaleaf Holdings Inc. (United States), Verano Holdings Corp. (United States), Cresco Labs Inc. (United States), Ayr Wellness Inc. (United States), TerrAscend Corp. (Canada), Jushi Holdings Inc. (United States), Columbia Care Inc. (United States), Planet 13 Holdings Inc. (United States), iAnthus Capital Holdings Inc. (United States)

The key driver of the cannabis market is growing legalization for medical and recreational use, which increases consumer acceptance, expands patient access, encourages investment, and boosts demand across healthcare, wellness, and consumer product industries worldwide.

A key market trend in the cannabis industry is the rapid expansion of legal recreational and medical markets globally, coupled with innovation in product formats like edibles, vapes, and wellness extracts that attract diverse consumer segments and boost overall market growth.

North America accounted for the largest share in the cannabis market, driven by widespread medical and recreational legalization, strong consumer demand, well-developed distribution channels, significant investment, and advanced research efforts that have accelerated product innovation and market expansion across the United States and Canada.

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Global Cannabis Market
Cannabis Market

Report ID: SQMIG35I2060

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