openPR Logo
Press release

Legal Marijuana Market - Future valuation of the market in terms of revenue | Canopy Growth Corporation, Aurora Cannabis, and Aphria, Inc.

09-21-2018 08:45 AM CET | Health & Medicine

Press release from: TMR Research

Legal Marijuana Market - Future valuation of the market in terms

The demand within the global market for legal marijuana has been increasing on account of growing awareness about the uses of marijuana in several medical applications. Marijuana is a psychoactive drug that is derived from cannibes plant, and is used for several medical and recreational purposes. However, the legal use of marijuana has to undergo several phases of screening before it can be be distributed to the desired industries. Several countries have imposed strict restrictions on free-selling of marijuana due to the rising instances of drug-abuse and addiction. Furthermore, smuggling of the drug has led government to tighten security at import inlets and other avenues of entry. Owing to these factors, the growth of the global market for marijuana is sluggish and is faced with multiple roadblocks. However, several territories and regions have legalised selling of marijuana subject to the certain terms and conditions. Some of the states in the US have also permitted the usage of marijuana for recreational purposes, thus, giving an impetus to the growth of the global market for legal marijuana.

Request Brochure of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=3927

The global market for legal marijuana can be segmented based on the following parameters: end-use, distribution channel, and region. Since the market for marijuana is always under the radar of scrutiny, these segments play an important role in understanding the market dynamics.

A report on the global market for legal marijuana creates a basis to understand the key dynamics that have pervaded the market in recent times. The report not only portrays the intrinsic and extrinsic drivers of demand, but also elucidates the factors that retrain market growth.

Global Legal Marijuana Market: Trends and Opportunities

The demand within the global market for legal marijuana is driven by the extensive usage of this drug in several medical applications. Several scientists and medical practitioners have been testing he impacts of marijuana on the human body, and this has led to discovery of medications based on marijuana. This is another key factor that is expected to reap in tremendous revenues within the global market for legal marijuana. Furthermore, the demand for legal marijuana also comes from research laboratories, centers for bio- analysis, and medical research organisations. Owing to the aforementioned factors, the demand within the global legal marijuana market is projected to touch new heights in the years to come.

Request TOC of the report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=3927

However, the use of legal marijuana continues to be a matter of scrutiny and regulation in multiple regional pockets. Owing to this factor, the growth of the global market for legal marijuana is projected to remain steady in the years to come. Nevertheless, the widespread usage of marijuana for recreational purposes is expected to keep enhancing the growth prospects of the market.

Global Legal Marijuana Market: Regional Outlook

The demand for legal marijuana has been escalating across North America, majorly due to the sale of the drug for recreation purposes in several territories of the US. Barring North America, no other regional market is projected to attract any substantial revenues in the years to come.

Read Comprehensive Overview of Report @ https://www.tmrresearch.com/legal-marijuana-market

Global Legal Marijuana Market: Competitive Landscape

The market players in the global market for legal marijuana have been focusing on finding government approvals in order to enhance their prospects of growth over the coming years. Some of these key players in the global market are Canopy Growth Corporation, Aurora Cannabis, and Aphria, Inc.

About Us:
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Contact Us:
Rohit Bhisey
Head Internet Marketing
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

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 - Future valuation of the market in terms of revenue | Canopy Growth Corporation, Aurora Cannabis, and Aphria, Inc. here

News-ID: 1253403 • Views: 253

More Releases from TMR Research

Mobile Handset Protection Market Latest Report On Challenges 2025 | SquareTrade, …
Global Mobile Handset Protection Market: Snapshot Today, mobile phones have become integral to everyday functioning in a communication-driven ecosystem. This has necessitated the need for appropriate security measures for protection against device theft, damage, or misuse. Moreover, at the corporate level, the introduction of practices such as enterprise mobility and bring your own device (BYOD) has widened the application scope of smartphones. This has surfaced as a growth opportunity for product
Portable Gas Chromatograph Market Challenges On Upcoming Trends 2025 | Agilent T …
Global Portable Gas Chromatograph Market: Snapshot Applications of gas chromatograph techniques have witnessed a tremendous rise in areas such as production monitoring, research, petrochemical, quality check in the chemicals industry, effluent management in the industrial sector, and forensic science. While the conventional stationary, laboratory desk-top, process at-line and on-line chromatographs of a variety of sizes and configurations are still ubiquitous across key application sectors, the increased need for effective on-field analytical
Video Content Analytics Market 2025 | Cisco (U.S.), ADT security (U.S.), HikVisi …
Global Video Content Analytics Market: Snapshot The global security and surveillance industry is expanding at a massive pace and is transforming from legacy CCTV surveillance systems to fully digital, advanced network-based video surveillance systems. Historical shipment data reveals that over 2 bn security camera are operating across the world at any given time and the numbers are constantly rising. With this exponentially rise in camera numbers, the practice of making use
Intravenous Iron Drugs Market Drivers, End User, Key Players and Challenges by 2 …
Intravenous Iron Drugs Market: Snapshot Iron is one of the most significant minerals required for the correct working of human bodies. Iron insufficiency prompts various medical problems, for example, anemia and could have a grave and direct association with the several of hospitalizations and deaths. The global market for intravenous drugs is foreseen to display a solid CAGR over the report's forecast period attributable to the rising pervasiveness of anemia cases

All 5 Releases


More Releases for Marijuana

Marijuana Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Marijuana Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-marijuana-market_p130182.html   Scope of the Report: The worldwide market for Marijuana is
We Are Marijuana Attorneys
Marijuana Attorneys Dedicated to Helping You Grow Regardless of whether you have plans to start a new marijuana business in Michigan or have already launched your business, it is important to understand the many ways that marijuana laws as well as general business laws can impact your business. These laws may relate to everything from the sale of marijuana to customers in legally-permitted quantities to the formation of a business entity,
Marijuana Stocks Falls into the Correction Territory
Major Canadian pot stocks were broadly lower, with some prices currently falling by as much as 5 to 6%. The sector has been into the correction territory after soaring in October on recreational cannabis sales rollout in Canada. Now we see a big share price reversal versus the peak prices. The Sector’s leaders Canopy Growth Corp and Tilray Inc fell by about 50% versus their 12-month highs. And some other
Medical Marijuana Market Predicted Analysis by 2025
Medical marijuana is a type of pain management drug extracted from cannabis plant. Medical marijuana is mainly prescribe as analgesic in indications such as nausea and vomiting and muscle pain. The marijuana contains cannabinoids compounds such as tetrahydrocannabinol (THC) and cannabidiol (CBD). Though the other compounds are also found in the marijuana in small proportion having medical properties and health benefits such as cannabigerol (CBG) and cannabinol (CBN). THC compound
Navigating through Conflicting Laws Regarding Marijuana Use
Edupliance announces webinar titled, “Navigating through Conflicting Laws Regarding Marijuana Use” This webinar will provide guidance in coordinating the recent legalization of recreational and medical marijuana in California and other states. The event goes LIVE on Wednesday, June 13, from 1:00 PM to 02:00 PM, EST / 10 AM to 11:00 AM PST. With the probability medical marijuana may be more frequently prescribed for many recognized disabilities, employers may want
Marijuana Market Latest Report By Orbis Research
Orbisreserach.Com adds “Marijuana Industry-The Unusual Growth Industry Displaying How Much Potential it Has” To Its Research Database This market is displaying some phenomenal signs of growth and current indicators suggest that, particularly in the US, it has the potential to be a very large industry. The reality is that globally there are still big disagreements as to how the drug should be regulated ranging all the way from outright banning and