Press release
Legal Marijuana Market – Demand Landscape 2028 | Aurora Cannabis, Aphria, Inc
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 Sample Copy 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.
Request TOC of the Report @
https://www.tmrresearch.com/sample/sample?flag=T&rep_id=3927
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.
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 TMR Research
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. Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
Contact:
TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
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 – Demand Landscape 2028 | Aurora Cannabis, Aphria, Inc here
News-ID: 1369690 • Views: …
More Releases from TMR Research
Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - …
Automotive Vision System Market: Introduction
A system that increases the vehicle driver's perception during night or bad weather conditions is termed as Automotive night vision system (ANVS). The system is otherwise beyond the reach of the vehicle's headlights, thereby prevents accidents at night. It can also be defined as a system which assists the driver by increasing visibility during bad whether while providing safety. Vehicle which have automotive vision system integrated are…
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
Waste Heat Recovery Market: Snapshot
The waste heat recovery market has been expected to reach a valuation of US$ 65.87 Bn and expand at a CAGR of 6.90% in the foreseeable years from 2020 to 2030.
The growth opportunities in the waste heat recovery market are attributed to the increasing prices of electricity and energy in the emerging economies. In addition to this, government regulations and incentives are also estimated to contribute…
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Ma …
Global Physical Fitness Equipment Market: Snapshot
The physical fitness equipment market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2020 to 2030.
The revenue generation opportunities in the physical fitness equipment market are attributed to the increasing enthusiasm among people toward fitness. In recent years, the fitness industry has been growing at a noticeable speed owing to…
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Grow …
Global Molecular Spectrometry Market: Snapshot
Molecular spectrometry examines and quantifies the response of molecules on interaction with known amounts of energy. Molecules have some energy levels that can be studied by determining the molecule's energy exchange through emission or absorbance. Molecular spectrometry involves studying emission, absorption, or scattering of electromagnetic waves by atoms or molecules to quantitatively and qualitatively study atoms, molecules or physical processes. The interaction of matter with radiation…
More Releases for Marijuana
Legal Marijuana Market Is Driven by Increased Legalization of Marijuana for Medi …
Marijuana use as a recreational substance is illegal in several nations throughout the world. Numerous nations, including Uruguay and Canada, as well as several states in the USA, have legalized the production, sale, and possession of marijuana for recreational and medical purposes as a consequence of long-fought legalization efforts. The broad legalization of marijuana in this manner could have a variety of consequences for the economy and society of the…
Legal Marijuana Market Share, Stock Market 2020 to 2027 | Aurora Cannabis, Medme …
Global Legal Marijuana Market Analysis to 2027 is a specialized and in-depth study of the pharmaceutical industry with a special focus on the global market trend analysis. The report aims to provide an overview of legal Marijuana market with detailed market segmentation by type, application, compound and geography. The global Legal Marijuana market is expected to witness high growth during the forecast period. The report provides key statistics on the…
MEDICAL MARIJUANA AND THE OPIOID CRISIS
Marijuana from the Cannabis plant is classified as a psychoactive drug used for medical or recreational purposes. Although it has been used for decades, in the U.S., it is still illegal under federal law to use and possess marijuana.
Get PDF Sample Brochure of this report at: https://decisionmarketreports.com/request-sample/1247622
Nevertheless, at the state level, policies regarding the medical and recreational use of Cannabis vary greatly, and in many states conflict significantly with federal…
U.S. Medical Marijuana Market Share 2018-2024|Prominent industry players:Canopy …
As per a recent industry report put forward by Global Market Insights Inc., U.S. Medical Marijuana Market is forecast to register its name in the billion-dollar fraternity down the line of seven years, by exceeding a revenue of $8 billion by 2024 with a projected CAGR of 13% over 2018-2024.
Growing prevalence of chronic pain associated with neurological disorders, cancer, HIV/AIDS, and arthritis will drive the U.S. medical marijuana market. The…
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,…
Medical Marijuana Market Growth Prospects |Leading Players: Aurora Cannabis, Inc …
Medical Marijuana Market size was valued over USD 7.0 billion in 2017 and is expected to witness more than 36.0% CAGR from 2018 to 2024.Medical Marijuana Market size is set to exceed USD 55.0 billion by 2024; according to a new research study published by Global Market Insights, Inc.
Growing demand for marijuana application in the treatment of chronic pain caused by neurological disorders, cancer, HIV/AIDS, and arthritis will drive the…
