Legal Cannabis Medical & Recreational Market with Focus on US and Canada: Industry Analysis, Status, Region, Outlook and Forecast (2018-2022)

Currently, the Cannabis Medical & Recreational Market is innovating itself due to the growing market trends and stiff competition in the global market. Recently, a fresh report focusing on the " Legal Cannabis Medical & Recreational Market with Focus on US and Canada: Industry Analysis & Outlook (2018-2022) " has been broadcasted to the huge database of Market Research Hub (MRH), which aims to present a decisive analysis of the major facts such as drivers, restraints and opportunities present for the active as well new entrants in the market. Also, the insightful report provides thorough analysis of global Cannabis Medical & Recreational Market market right from past trends to market forecast from 2017 to 2022 to its readers.

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 Cannabis is a drug made up of different cannabinoids as well as other compounds. Cannabis, also known as marijuana, is a family of plants called Cannabaceae. There are more than 700 varieties of cannabis that have been described so far. Based on characteristics such as shape, color, height, smell, it is usually recognized by two main types: Cannabis Sativa, a native of the Western Hemisphere and Cannabis Indica, a native of Central and South Asia.

The legal cannabis market has witnessed continuous growth in the past few years and is projected to grow significantly in future. The market is expected to be driven by various growth factors such as rapid cannabis legalization, growth of vaporizer market, growing number of medical cannabis patients, and rising cannabis consumption. However, the market is not free from challenges that are hindering its growth. Some of the major challenges faced by the market are lack of banking and financial services, complex legal norms and product restriction.

California dominated the U.S. legal cannabis market market with extensive demand for both medical and recreational cannabis due to large number of population in the region. Latest legalization of cannabis in Canada and rapid changes in the consumption patterns of individuals, with increasing recreational use of cannabis would help to promote the growth of the cannabis market in Canada as well.

The major players dominating the legal cannabis market are mCig, Inc., Canopy Growth Corporation, GW Pharmaceuticals and Arena Pharmaceuticals. The companies are further expanding their operations and production through specialized manufacturing of products and growing business agreements. 

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Table of Content

Introduction

1.1 Cannabis
1.2 History of Cannabis Legalization in the US
1.3 Cannabis Ingestion Methods
1.4 Uses of Marijuana/Cannabis
1.5 Medical Indications and Benefits
1.6 Adverse Effects of Marijuana/Cannabis
1.7 Overview of Marijuana Legalization Models
1.8 Overview of Cannabis Testing Technologies

The U.S. Legal Cannabis Market

2.1 The US Legal Cannabis Market Forecast by Value
2.2 The US Legal Cannabis Market Value by States
2.2.1 California Medical and Recreational Cannabis Market Forecast by Value 
2.2.2 Colorado Medical and Recreational Cannabis Market Forecast by Value 
2.2.3 Washington Cannabis Market Forecast by Value 
2.2.4 Michigan Medical and Recreational Cannabis Market Forecast by Value 
2.2.5 Arizona Medical and Recreational Cannabis Market Forecast by Value 
2.2.6 Florida Medical Cannabis Market Forecast by Value 
2.2.7 Massachusetts Medical and Recreational Cannabis Market Forecast by Value 
2.2.8 Nevada Medical and Recreational Cannabis Market Forecast by Value 
2.2.9 New York Medical Cannabis Market Forecast by Value 
2.2.10 Oregon Medical and Recreational Cannabis Market Forecast by Value 
2.3 The US Legal Cannabis Market Value by Type 
2.3.1 The US Legal Recreational Cannabis Market Forecast by Value
2.3.2 The US Legal Medical Cannabis Market Forecast by Value
2.3.3 The US Legal Medical Cannabis Patient Volume Forecast
2.4 The US Legal Cannabis Market Value by Product Mix

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