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Cannabis market is expected to rise from its initial estimated value of USD 13.4 million to USD 110.7 million by 2026

01-16-2019 03:04 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Cannabis market is expected to rise from its initial estimated

Global cannabis market is expected to rise from its initial estimated value of USD 13.4 million in 2018 to an estimated value of USD 110.7 million by 2026, registering a CAGR of 32.2% during the forecast period of 2019-2026. This rise in market value can be attributed to rising need of plant protein amid rising amount of health concerns and veganism worldwide.

Cannabis market report is a comprehensive study of the changes that the Health Care industry is undergoing by the virtue of cannabis market. The report covers all the information systematically, for instance, the CAGR values in the forecasted year of 2019-2026, the implication of the market definition, classifications, applications, and market trends and how to use these terminologies to get ahead of the competition.

Along with the company profiles of the key players and brands, the cannabis market report also covers the recent developments, product launches, joint ventures, mergers, and accusations. The market drivers and restraints are determined with the help of SWOT analysis.

Get Exclusive Sample PDF of Report at: https://databridgemarketresearch.com/request-a-sample/?dbmr=global-cannabis-market

Competitors
Few of the major competitors currently working in the cannabis market are:
Canopy Growth Corporation Aurora Cannabis Inc
Medmen, Terra Tech Corp
Aphria Inc
Vivo Cannabis Inc
Chronos Group Inc
Medical Marijuana
Stenocare
Tikun Olam
Organigrams Holding Inc
Cannabis Science Inc
Maricann Group Inc
Tilray
Hexo
Scotts Miracle-Gro Co
GW Pharmaceuticals PLC
MedReLeaf Corp
Insys Therapeutics Inc
CanniMed Therapeutics Inc
Cara Therapeutics Inc

Know More Business Opportunities In Cannabis Market. Speak To Our Analyst And Gain Crucial Industry Insights That Will Help Your Business Expand. Request Analyst Call for More Insight https://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-cannabis-market

Segmentation:
By Product Type
Flower
Concentrates
Others
By Application
Medical
Recreational
By Compound
Tetrahydrocannabinol (THC)-Dominant
Cannabidiol (CBD)-Dominant
Balanced THC & CBD
By Geography
North America
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
…And More GET DETAILED TOC AT https://databridgemarketresearch.com/toc/?dbmr=global-cannabis-market

Competitive Landscape:

market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cannabis market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Market Drivers:

Growing medicinal application of cannabis
Increasing legalization of cannabis

Market Restraints:

Complex regulatory structure for the usage of cannabis

Get Detailed Report and Discount on : https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-cannabis-market

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune. We ponder into the heterogeneous markets in accord with our clients’ needs and scoop out the best possible solutions and detailed information about the market trends. Data Bridge delves into the markets across Asia, North America, South America and Africa to name few. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.

Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sopan.gedam@databridgemarketresearch.com

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