Legal Marijuana Market of to rise with a US$ 14.29 billion between 2018 and 2022 | Global Key players (Canopy Growth Corporation, Aphria, Aurora Cannabis, Maricann Group, Tilray )

This report provides in depth study of “Legal Marijuana Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Legal Marijuana Market report also provides an in-depth survey of key players in the market organization.

Global Legal Marijuana Market Overview:

According to Market Analyst, Global Legal Marijuana Market is projected to grow at a healthy growth rate from 2018 to 2022.

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With the slowdown in world economic growth, the Legal Marijuana industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Legal Marijuana market size to maintain the average annual growth rate of 15.31% from 6.21 billion $ in 2014 to 9.52 billion $ in 2017, According to Market analyst in the next few years, Legal Marijuana market size will be further expanded by 2022, The market size of the Legal Marijuana will reach 14.29 billion $.

Growing adoption of marijuana in several medical applications such as cancer, mental disorders, chronic pain and others is expected to propel revenue growth in near future. Legal marijuana has started gaining traction worldwide due to very high demand among consumers and increasing legalization of recreational or medical marijuana in various countries.

In addition, psychological effects can complicate the interpretation of other aspects of the drug's effect".Further studies have discovered that marijuana is effective in alleviating some of the symptoms of HIV/AIDS, cancer, glaucoma, and multiple sclerosis. In early 2017, the National Academies of Sciences, Engineering, and Medicine published an analysis based on the review of over 10, 000 scientific abstracts from cannabis health research.

Increasing number of companies operating in the marijuana market is expected to bolster the quantity and variety of products reaching the end users. Products like marijuana oil have started gaining traction over the past few years owing to increased effectiveness and safety as compared to smoking it.

Regionally, Legal marijuana market is witnessing strong technological and information exchange. Countries like Canada, the U.S., Germany and Australia are expected to emerge as leading markets.

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The Market is segmented and projected on the basis of major key player’s:

1 Canopy Growth Corporation

2 Aphria, Inc.

3 Aurora Cannabis

4 Maricann Group, Inc.

5 Tilray

6 The Cronos Group

7 Organigram Holdings

The Market is segmented and projected on the basis of major Region Segmentation

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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The Market is segmented and projected on the basis of Product Type Segmentation

1 Buds

2 Oil

3 Tincture

The Market is segmented and projected on the basis of Industry Segmentation

1 Medical

2 Recreational

Key Questions Answered in this Report:

1 What will the market size be in 2022?

2 What are the key factors driving the Legal Marijuana Market?

3 What are the challenges to market growth?

4 Who are the key players in Legal Marijuana Market?

5 What are the market opportunities and threats faced by the key players?

TABLE OF CONTENTS

1 Legal Marijuana Product Definition

2 Global Legal Marijuana Market Manufacturer Share and Market Overview

3 Manufacturer Legal Marijuana Business Introduction

4 Global Legal Marijuana Market Segmentation (Region Level)

5 Global Legal Marijuana Market Segmentation (Product Type Level)

6 Global Legal Marijuana Market Segmentation (Industry Level)

7 Global Legal Marijuana Market Segmentation (Channel Level)

8 Legal Marijuana Market Forecast 2018-2022

9 Legal Marijuana Segmentation Product Type

10 Legal Marijuana Segmentation Industry

11 Legal Marijuana Cost of Production Analysis

12 Conclusion

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