Press release
Legal Marijuana Market Business Growth Statistics and Key Players Insights: Medicine Man, Canopy Growth, Aphria, Aurora Cannabis Inc
Legal Marijuana Market
The commercial marijuana industry exists on a state-by-state basis, and all medical and recreational programs are technically in violation of federal drug laws. The U.S. Department of Justice issued some guidelines in recent years that helped the marijuana industry gain traction, but these are not legally binding and could theoretically be nullified at any time.
A medicinal cannabis product refers to a product which includes cannabis, and its chemical components (cannabinoids), that can be used for curing, or alleviating the symptoms of disease, ailment or injury. The two main cannabinoids that have been identified for therapeutic application are the psychoactive 9-tetrahydrocanabinol (THC) and non-psychoactive Cannabidiol (CBD).
The global Legal Marijuana market is valued at 7970 million US$ in 2017 and will reach 53200 million US$ by the end of 2025, growing at a CAGR of 26.8% during 2018-2025.
The Global Legal Marijuana Market 2018 to 2025 renders deep perception of the key regional market status of the Legal Marijuana Industry on a global level that primarily aims the core regions which comprises of continents like Europe, North America, and Asia and the key countries such as United States, Germany, China and Japan.
The major manufacturers covered in this report
• Medicine Man
• Canopy Growth
• Aphria
• Aurora Cannabis Inc.
• mCig Inc
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On the basis of product, primarily split into
• Indoor
• Greenhouse
On the basis of the end users/applications
• Recreational
• Medical
The report on “Global Legal Marijuana Market” is a professional report which provides thorough knowledge along with complete information pertaining to the Legal Marijuana industry a propos classifications, definitions, applications, industry chain summary, industry policies in addition to plans, product specifications, manufacturing processes, cost structures, etc.
The potential of this industry segment has been rigorously investigated in conjunction with primary market challenges. The present market condition and future prospects of the segment has also been examined. Moreover, key strategies in the market that includes product developments, partnerships, mergers and acquisitions, etc., are discussed. Besides, upstream raw materials and equipment and downstream demand analysis is also conducted.
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Report Includes:-
The report cloaks the market analysis and projection of “Legal Marijuana Market” on a regional as well as global level. The report constitutes qualitative and quantitative valuation by industry analysts, first-hand data, assistance from industry experts along with their most recent verbatim and each industry manufacturers via the market value chain.
The research experts have additionally assessed the in general sales and revenue generation of this particular market. In addition, this report also delivers widespread analysis of root market trends, several governing elements and macro-economic indicators, coupled with market improvements as per every segment.
The study objectives of this report are:
To analyze and study the global Legal Marijuana sales, value, status (2013-2017) and forecast (2018-2025).
Focuses on the key Legal Marijuana manufacturers, to study the sales, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.
Browse Full Report with Table of Content @ https://www.qyresearchgroups.com/report/global-legal-marijuana-market-research-report-2018
About Us:
QY Research Groups is a company that simplifies how analysts and decision makers get industry data for their business. Our unique colossal technology has been developed to offer refined search capabilities designed to exploit the long tail of free market research whilst eliminating irrelevant results. QY Research Groups is the collection of market intelligence products and services on the Web. We offer reports and update our collection daily to provide you with instant online access to the world's most complete and current database of expert insights on global industries, companies, products, and trends.
Contact us:
Email- sales@qyresearchgroups.com
Web- https://www.qyresearchgroups.com
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