Legal Marijuana Market Key players like Medicine Man, AmeriCann, Canopy Growth are making huge investment
Marijuana is dried leaves, stems, flowers or seeds derived from Cannabis sativa or Cannabis indica plant. The consumption of marijuana is limited to certain countries where it is termed as legal marijuana. In certain countries legalization of marijuana is done for both recreation and medicinal purposes. However, in most of the countries marijuana is legalized only for a medicinal purpose. Legal marijuana is useful in the treatment of cancer, multiple sclerosis, and many other diseases which is driving its application in the healthcare sector.GET SAMPLE REPORT @ https://www.wiseguyreports.com/sample-request/3045059-global-legal-marijuana-market-research-report-forecast-to-2022
Scientists are continuously researching on the marijuana species to bring out value-added products from the cannabis strains, which is supporting the growth of the legal marijuana market. Growing demand for legal marijuana for recreational activity is projected to boost the growth of the legal marijuana market over the forecast period. Increasing legalization of marijuana market in various countries is having a positive impact on the legal marijuana market.
High consumption of marijuana in North America, mainly in the U.S. and Canada is influencing the market growth since the last few years. There has been an increased inclination towards legal marijuana in Turkey, Australia, Argentina, and the Philippines over past years. Growing trend of consumption of legal marijuana among the youth is expected to surge the market growth. However, any kind of use of marijuana is illegal in countries such as India, Japan, China, and South East Asian Countries.
Regional Analysis:
The global legal marijuana market is segmented into North America, Europe, and Rest of the World. North America is anticipated to dominate the market holding the lion's share of over 85% in which the U.S. is dominating the market followed by Canada. Moreover, Europe is projected to grow at a healthy CAGR of 14.23% over the forecast period.
Segments:
Legal marijuana market is segmented on the basis of a type such as indica, sativa, hybrid, and others. Among them, sativa is anticipated to dominate the market and hold over 50% share of the global market over the forecast period. On the basis of the application, the market is segmented into medical use and other use. Legal marijuana is gaining acceptance for other uses, which is witnessed to grow at a CAGR of 13.08% over the review period.
Key Players:
The leading players in the global legal marijuana market primarily are Medicine Man (U.S.), AmeriCann, Inc. (U.S.), Novus Acquisition & Development (U.S.), Abattis Bioceuticals Corp (Canada), GW Pharmaceuticals (U.K.), Canopy Growth (Canada), Insys Therapeutics (U.S.)
Target Audience:
• Legal marijuana manufacturers
• Pharmaceutical Industry
• Raw material suppliers
• Traders, importers, and exporters
Key Findings:
• RoW is projected to grow at the highest CAGR of 30.18% over the noticed period in which Australia, Turkey, and Argentina are the major contributors
• Sativa accounts for over 50% share of the legal marijuana market
Regional and country analysis of legal marijuana Market development and demand forecast to 2022 market:
As per the MRFR analysis, the global legal marijuana market is poised to reach USD 4.69 billion by 2022 at a CAGR of 22.03% during the forecasted period.
The reports also cover country-level analysis:
• North America
o US
o Canada
o Mexico
o Australia
o Colombia
o Other Countries
• Europe
o Russia
o Germany
o The Netherlands
o Austria
o Czech Republic
o Rest of Europe
• RoW
o Brazil
o Argentina
o Philippines
Table of Content: Key Points
1 Industry Overview of Legal Marijuana
1.1 Definition and Specifications of Legal Marijuana
1.2 Legal Marijuana Segment by Types (Product Category)
1.3 Global Legal Marijuana Segment by Applications
1.4 Global Legal Marijuana Market by Regions (2012-2022)
1.5 Global Legal Marijuana Market Size (2012-2022)
2 Manufacturing Cost Structure Analysis of Legal Marijuana
2.1 Manufacturing Process Analysis of Legal Marijuana
2.2 Industry Chain Structure of Legal Marijuana
3 Technical Data and Manufacturing Plants Analysis of Legal Marijuana
3.1 Capacity and Commercial Production Date of Global Legal Marijuana Major Manufacturers in 2016
…Continued
ACCESS REPORT @ https://www.wiseguyreports.com/reports/3045059-global-legal-marijuana-market-research-report-forecast-to-2022
Get in touch:
LinkedIn: www.linkedin.com/company/4828928
Twitter: https://twitter.com/WiseGuyReports
Facebook: https://www.facebook.com/Wiseguyreports-1009007869213183/?fref=ts
Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. We also provide COTS (Commercial off the Shelf) business sector reports as custom exploration agreeing your particular needs.
WISE GUY RESEARCH CONSULTANTS PVT LTD
Office No. 528, Amanora Chambers
Pune - 411028
Maharashtra, India
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Legal Marijuana Market Key players like Medicine Man, AmeriCann, Canopy Growth are making huge investment here
News-ID: 1060944 • Views: …
More Releases from WISE GUY RESEARCH CONSULTANTS PVT LTD
Global LIMS Industry Analysis 2020 Market Growth, Trends, Opportunities And Fore …
LIMS Market 2020-2026
New Study Reports “LIMS Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” has been Added on WiseGuyReports.
Report Summary:-
The Global LIMS Market Report 2020-2026 (Forecast Period) Offers An In-Depth Study Of Market Growth Factors, Future Evaluation, Country-Level Analysis, LIMS Market Distribution, And Competitive Landscape Study Of Significant Industry Players. Every Segment Of The Global LIMS Market Is Extensively Assessed In The…
Asthma Drugs Market 2020 Global Industry Sales, Supply, Demand, Consumption, Ana …
Asthma Drugs Market 2020-2026
New Study Reports “Asthma Drugs Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” has been Added on WiseGuyReports.
Report Summary:-
The Global Asthma Drugs Market Report 2020-2026 (Forecast Period) Offers An In-Depth Study Of Market Growth Factors, Future Evaluation, Country-Level Analysis, Asthma Drugs Market Distribution, And Competitive Landscape Study Of Significant Industry Players. Every Segment Of The Global Asthma Drugs Market Is Extensively Assessed In The Research…
Virtual Reality in Education 2020 Global Market Key Players - Alchemy VR, Avanti …
Virtual Reality in Education Market 2020-2026
New Study Reports “Virtual Reality in Education Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” has been Added on WiseGuyReports.
Report Summary:-
The Global Virtual Reality in Education Market Report 2020-2026 (Forecast Period) Offers An In-Depth Study Of Market Growth Factors, Future Evaluation, Country-Level Analysis, Virtual Reality in Education Market Distribution, And Competitive Landscape Study Of Significant Industry Players. Every Segment Of The Global…
Online Jewelry 2020 Global Market Key Players - Cartier, Tiffany & Co, Pandora, …
Online Jewelry Market 2020-2026
New Study Reports “Online Jewelry Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” has been Added on WiseGuyReports.
Report Summary:-
The Global Online Jewelry Market Report 2020-2026 (Forecast Period) Offers An In-Depth Study Of Market Growth Factors, Future Evaluation, Country-Level Analysis, Online Jewelry Market Distribution, And Competitive Landscape Study Of Significant Industry Players. Every Segment Of The Global Online Jewelry Market Is Extensively Assessed In The Research…
More Releases for Legal
WHATSAPP Legal English group with Legal-Ease International
Legal-Ease International the World Leader in Legal English has begun for the first Time a WhatsApp group. This group provides vocabulary and different terms to participants each day. The terms are sent out daily, Dena Falken Founder of Legal-Ease International is hands on in this endeavor.
It is a daily reminder of the terms learned in the Legal-Ease Seminar. It also provides a free service for Foreign Legal professionals that can…
Legal Practice Management Software Market Segments Analysis 2019 - Themis Soluti …
Legal Practice Management Software Market share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Market Research Place has recently published an innovative report to its database titled as Global Legal Practice Management Software Market 2019. Firstly, the report presents an accurate market overview and provides significant market numbers. The report highlights growth opportunities and market valuation. The report involves…
Legal Software Market 2019: Latest Trends, Demand and Advancement by Clio, Pract …
Global Legal Software Market Regional Growth Trends Focusing during 2019-2025 has been added to the wide online database of HealthCare Intelligence Markets which discusses the present as well as future market scenario. The readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the Global Market. Market is gaining high traction in the recent times, with increasing investments on the development of Legal…
Legal Management Software Market 2025 Size Report | Clio, Practice Panther Legal …
Get Free sample at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1807213 .
The latest trending report Legal Management Software Market offered by ReportsnReports.com is an informative study covering the market with detailed analysis. The report will assist reader with better understanding and decision making.
The Legal Management Software Market report also covers in-depth description, competitive scenario, wide product portfolio of prime players active in this market and business strategies adopted by competitors along with their SWOT analysis.
Complete…
Legal Case Management Software Market Status 2017 Leap, LexisNexis, ProLaw, Perf …
Global Legal Case Management Software Market Size, Status and Forecast 2022 provides Market information about Manufacturers, Countries, Type and Application.This Industry report also states Company Profile, sales, Legal Case Management Software Market revenue and price, market share, market growth and gross margin by regions.
Top Manufacturers/Key Players:
Clio
MyCase
TrialWorks
Needles
The Legal Assistant
Legal Files
…
Global Business & Legal Leaders Benefit From Online Legal Talk Sessions
Virtual Small Group Conversations Enhance Cultural Understandings of Legal Issues
Minneapolis, MN, October 11, 2011 - Karen Lundquist, licensed Minneapolis attorney and legal English consultant and owner of Karen Lundquist Legal Language Consulting and Attenza Law, announces the availability of Online Legal Talk sessions. These small group virtual gatherings of up to 12 participants allow attorneys and other legal professionals from around the world to connect through the law and through…