The simple truth is: Cannabis is still illegal under federal law in the United States, even if legal in some states
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Report Scope and Analytical Framing Concise View of Market Direction Market Size, Growth and Scenario Framing Commercial and Technical Scope How the Market Splits Into Decision-Relevant Buckets Where Demand Comes From and How It Behaves Supply Footprint, Trade and Value Capture Trade Flows and External Dependence Price Formation and Revenue Logic Who Wins and Why Where Growth and Supply Concentrate Commercial Entry and Scaling Priorities Where the Best Expansion Logic Sits Leading Players and Strategic Archetypes Detailed View of the Most Important National Markets How the Report Was Built State-owned monopoly Marlboro, Parliament, Chesterfield Lucky Strike, Dunhill, Pall Mall Winston, Camel, Mevius Davidoff, West, Gauloises Marlboro US, owns Philip Morris USA Esse, Raison, The One Diversified conglomerate Clove cigarette specialist Clove cigarette specialist Now focused on non-cigarette nicotine State-controlled, Cleopatra brand State-owned Subsidiary of PMI Part of BAT Fortuna, Ducados brands Subsidiary of Altria Group Subsidiary of British American Tobacco Part of BAT network State-owned, Victory brand State-owned State-owned See rank 7, listed separately for clarity Part of BAT Part of BAT Part of British American Tobacco Part of BAT Subsidiary of PMI Part of BAT group Subsidiary of PMI Instant access

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This work was supported by funding from the European Unions Horizon 2020 Research and Innovation programme, The Eve Appeal, and Cancer Research UK