+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

New York Legal Cannabis Market Size, Share & Trends Analysis Report by Source, Derivatives, Cultivation, End Use, and Growth Forecasts, 2026-2033

  • PDF Icon

    Report

  • 80 Pages
  • April 2026
  • Region: United States
  • Grand View Research
  • ID: 5998687
The New York legal cannabis market size was estimated at USD 2.52 billion in 2025 and is expected to reach USD 6.06 billion by 2033, growing at a CAGR of 11.5% from 2026 to 2033. The market growth is driven by the legalization of cannabis, increasing awareness regarding the therapeutic benefits of cannabis-based products, and the rising use of cannabis for both medical and recreational purposes.

For instance, in January 2026, the state witnessed rapid retail expansion, with the number of licensed cannabis retailers increasing to 556 by the end of 2025, up from 261 in 2024, with more than 200 stores concentrated in New York City, reflecting strong market penetration and improving legal access.

New York Legal Cannabis Market Report Segmentation

This report forecasts revenue growth and provides at country levels an analysis of the latest trends in each of the sub-segments from 2021 to 2033. For this report, the analyst has segmented the New York legal cannabis market report based on source, derivatives, cultivation, and end use:

Source Outlook (Revenue, USD Million, 2021-2033)

  • Hemp
  • Hemp Oil
  • Industrial Hemp
  • Marijuana
  • Flower
  • Oil and Tinctures

Derivatives Outlook (Revenue, USD Million, 2021-2033)

  • CBD
  • THC
  • Others

Cultivation Outlook (Revenue, USD Million, 2021-2033)

  • Indoor Cultivation
  • Greenhouse Cultivation
  • Outdoor Cultivation

End Use Outlook (Revenue, USD Million, 2021-2033)

  • Industrial Use
  • Medical Use
  • Chronic Pain
  • Depression and Anxiety
  • Arthritis
  • Post Traumatic Stress Disorder (PTSD)
  • Cancer
  • Migraines
  • Epilepsy
  • Alzheimer’s
  • Multiple Sclerosis
  • AIDS
  • Amyotrophic Lateral Sclerosis
  • Tourette’s
  • Diabetes
  • Parkinson's
  • Glaucoma
  • Others
  • Recreational Use

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listings for you to stay ahead of the curve

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Estimates and Forecast Timeline
1.3. Objectives
1.4. Research Methodology
1.5. Information Procurement
1.5.1. Purchased Database
1.5.2. Internal Database
1.5.3. Secondary Sources & Third-Party Perspectives
1.5.4. Primary Research
1.5.5. Details of Primary Research
1.6. Information Analysis
1.6.1. Data Analysis Models
1.7. Market Formulation & Data Visualization
1.8. Data Validation & Publishing
1.9. Model Details
1.9.1. Commodity Flow Analysis
1.10. List of Abbreviations
1.11. List of Secondary Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segmental Snapshot
2.3. Competitive Insights Snapshot
Chapter 3. Market Variables, Trends, and Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related/Ancillary Market Outlook
3.2. New York Legal Cannabis Market - Market Dynamics
3.2.1. Market Driver Analysis
3.2.2. Market Restraint Analysis
3.3. Business Environment Analysis Tools: New York Legal Cannabis Market
3.3.1. Porter’s Five Forces Analysis
3.3.2. PESTLE Analysis
3.4. Regulatory Scenario
3.4.1. Overview
3.4.2. Regulatory Bodies Involved in New York
3.4.3. Licensing Scenario in New York, by counties
3.4.4. Risk and Opportunities Related to Regulations in the New York
3.4.5. Legal Status
3.4.6. Cultivation/Production Norms
3.4.7. Regulatory Hurdles for Market Entry
3.4.8. Distribution, Retail Compliance, and Marketing/Advertising Guidelines
3.5. Jurisdiction
3.6. New York Legal Cannabis Market: Risk Exposure, Insurance Penetration, and Reinsurance Outlook
3.6.1. Risk & Exposure Analysis for Insurers
3.6.2. Loss Trends & Claim Experience
3.6.3. Insurance Penetration & Coverage Opportunities
3.6.4. Reinsurance Market Perspective & Capital Flows
3.6.5. Emerging Coverage Areas & Product Innovations
3.7. Legal Cannabis Seed to Shelf Story
3.8. Supply Chain Analysis
3.9. Guidelines and Requirements for Cannabis Cultivation
3.10. Government Policy Designing Cannabis Guidelines
3.10.1. Federal Cannabis Policy
3.10.2. Policy Challenges and Opportunities
3.11. Reimbursement Policies in New York
3.12. Taxation Policies in New York
Chapter 4. New York Legal Cannabis Market: Source Estimates & Trend Analysis
4.1. Segment Definitions
4.2. Segment Dashboard
4.3. New York Legal Cannabis Market: Source Movement & Market Share Analysis, 2025 & 2033
4.4. New York Legal Cannabis Market Size & Trend Analysis, by Source, 2021-2033 (USD Million)
4.5. Marijuana
4.5.1. Marijuana Market Estimates and Forecasts, 2021-2033 (USD Million)
4.5.2. Flower
4.5.3. Oil and Tinctures
4.6. Hemp
4.6.1. Hemp Market Estimates and Forecasts, 2021-2033 (USD Million)
4.6.2. Hemp Oil
4.6.3. Industrial Hemp
Chapter 5. New York Legal Cannabis Market: Derivative Estimates & Trend Analysis
5.1. Segment Definitions
5.2. Segment Dashboard
5.3. New York Legal Cannabis Market: Derivative Movement & Market Share Analysis, 2025 & 2033
5.4. New York Legal Cannabis Market Size & Trend Analysis, by Derivative, 2021-2033 (USD Million)
5.5. CBD
5.5.1. CBD Market Estimates and Forecasts, 2021-2033 (USD Million)
5.6. THC
5.6.1. THC Estimates and Forecasts, 2021-2033 (USD Million)
5.7. Others
5.7.1. Others Market Estimates and Forecasts, 2021-2033 (USD Million)
Chapter 6. New York Legal Cannabis Market: Cultivation Estimates & Trend Analysis
6.1. Segment Definitions
6.2. Segment Dashboard
6.3. New York Legal Cannabis Market: Cultivation Movement & Market Share Analysis, 2025 & 2033
6.4. New York Legal Cannabis Market Size & Trend Analysis, by Cultivation, 2021-2033 (USD Million)
6.5. Indoor Cultivation
6.5.1. Indoor Cultivation Market Estimates and Forecasts, 2021-2033 (USD Million)
6.6. Greenhouse Cultivation
6.6.1. Greenhouse Cultivation Estimates and Forecasts, 2021-2033 (USD Million)
6.7. Outdoor Cultivation
6.7.1. Outdoor Cultivation Market Estimates and Forecasts, 2021-2033 (USD Million)
Chapter 7. New York Legal Cannabis Market: End Use Estimates & Trend Analysis
7.1. Segment Definitions
7.2. Segment Dashboard
7.3. New York Legal Cannabis Market: End Use Movement & Market Share Analysis, 2025 & 2033
7.4. New York Legal Cannabis Market Size & Trend Analysis, by End Use, 2021-2033 (USD Million)
7.5. Medical Use
7.5.1. Medical Market Estimates and Forecasts, 2021-2033 (USD Million)
7.5.2. Cancer
7.5.3. Chronic Pain
7.5.4. Depression and Anxiety
7.5.5. Arthritis
7.5.6. Diabetes
7.5.7. Glaucoma
7.5.8. Migraines
7.5.9. Epilepsy
7.5.10. Multiple Sclerosis
7.5.11. AIDS
7.5.12. Amyotrophic Lateral Sclerosis
7.5.13. Alzheimers's
7.5.14. Post Traumatic Stress Disorder (PTSD)
7.5.15. Parkinson's
7.5.16. Tourettes
7.5.17. Others
7.6. Recreational Use
7.6.1. Recreational Market Estimates and Forecasts, 2021-2033 (USD Million)
7.7. Industrial Use
7.7.1. Industrial Market Estimates and Forecasts, 2021-2033 (USD Million)
Chapter 8. New York Legal Cannabis Market: Competitive Landscape
8.1. Participant’s Categorization
8.2. Company Market Position Analysis, 2025
8.3. Strategy Mapping
8.4. Company Profiles/Listing
8.4.1. Curaleaf Holdings, Inc.
8.4.2. New York Hemp Oil
8.4.3. COOKIES CREATIVE PRODUCTIONS & CONSULTING, INC.
8.4.4. ACREAGE HOLDINGS.
8.4.5. Cannabist Company Holdings Inc.
8.4.6. Cresco Labs.
8.4.7. PharmaCann Inc.
8.4.8. Vireo Health International, Inc.
8.4.9. Green Thumb Industries (GTI)
8.4.10. Tilray Brands, Inc.
List of Tables
Table 1 List of secondary sources
Table 2 List of abbreviations
Table 3 New York legal cannabis market, by source, 2021-2033 (USD Million)
Table 4 New York legal cannabis market, by derivative, 2021-2033 (USD Million)
Table 5 New York legal cannabis market, by cultivation, 2021-2033 (USD Million)
Table 5 New York legal cannabis market, by end use, 2021-2033 (USD Million)
List of Figures
Figure 1 Market research process
Figure 2 Information procurement
Figure 3 Primary research pattern
Figure 4 Market research approaches
Figure 5 Value-chain-based sizing & forecasting
Figure 6 QFD modeling for market share assessment
Figure 7 Market formulation & validation
Figure 8 New York legal cannabis market: market outlook
Figure 9 New York legal cannabis competitive insights
Figure 9 History of medical and industrial use of cannabis in New York
Figure 10 Parent market outlook
Figure 11 Related/ancillary market outlook
Figure 12 Penetration and growth prospect mapping
Figure 13 New York legal cannabis market driver impact
Figure 14 New York legal cannabis market restraint impact
Figure 15 New York legal cannabis market: Source movement analysis
Figure 16 New York legal cannabis market: Source outlook and key takeaways
Figure 17 Marijuana market estimates and forecast, 2021-2033
Figure 18 Flower market estimates and forecast, 2021-2033
Figure 19 Oil and Tinctures market estimates and forecast, 2021-2033
Figure 21 Hemp market estimates and forecast, 2021-2033
Figure 22 Hemp CBD market estimates and forecast, 2021-2033
Figure 23 Industrial Hemp market estimates and forecast, 2021-2033
Figure 24 New York legal cannabis Market: Derivatives movement Analysis
Figure 25 New York legal cannabis market: Derivatives outlook and key takeaways
Figure 26 CBD market estimates and forecasts, 2021-2033
Figure 27 THC market estimates and forecasts, 2021-2033
Figure 28 Others market estimates and forecasts, 2021-2033
Figure 29 New York legal cannabis Market: Cultivation movement Analysis
Figure 30 New York legal cannabis market: Cultivation outlook and key takeaways
Figure 31 Indoor Cultivation market estimates and forecasts, 2021-2033
Figure 32 Greenhouse Cultivation market estimates and forecasts, 2021-2033
Figure 33 Outdoor Cultivation market estimates and forecasts, 2021-2033
Figure 34 New York legal cannabis market: End Use movement analysis
Figure 35 New York legal cannabis market: End Use outlook and key takeaways
Figure 36 Medical use market estimates and forecasts, 2021-2033
Figure 37 Cancer market estimates and forecasts, 2021-2033
Figure 38 Chronic Pain market estimates and forecasts, 2021-2033
Figure 39 Depression and Anxiety market estimates and forecasts, 2021-2033
Figure 40 Arthritis market estimates and forecasts, 2021-2033
Figure 41 Diabetes market estimates and forecasts, 2021-2033
Figure 42 Glaucoma market estimates and forecasts, 2021-2033
Figure 43 Migraines market estimates and forecasts, 2021-2033
Figure 44 Epilepsy market estimates and forecasts, 2021-2033
Figure 45 Multiple Sclerosis market estimates and forecasts, 2021-2033
Figure 46 AIDS market estimates and forecasts, 2021-2033
Figure 47 Amyotrophic Lateral Sclerosis market estimates and forecasts, 2021-2033
Figure 48 Alzheimers's market estimates and forecasts, 2021-2033
Figure 49 Post Traumatic Stress Disorder (PTSD) market estimates and forecasts, 2021-2033
Figure 50 Parkinson's market estimates and forecasts, 2021-2033
Figure 51 Tourettes market estimates and forecasts, 2021-2033
Figure 52 Others market estimates and forecasts, 2021-2033
Figure 53 Recreational use market estimates and forecasts, 2021-2033
Figure 54 Industrial use market estimates and forecasts, 2021-2033
Figure 55 Key company categorization
Figure 56 Heat map analysis, 2025

Companies Mentioned

  • Curaleaf Holdings, Inc.
  • New York Hemp Oil
  • COOKIES CREATIVE PRODUCTIONS & CONSULTING, INC.
  • ACREAGE HOLDINGS.
  • Cannabist Company Holdings Inc.
  • Cresco Labs.
  • PharmaCann Inc.
  • Vireo Health International, Inc.
  • Green Thumb Industries (GTI)
  • Tilray Brands, Inc.

Table Information