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Cannabis Market Report By Data Bridge Market Research Forecasting $110.7 Million Growth by 2026: A Comprehensive Competitors Study by Canopy Growth Corporation Aurora Cannabis, Medmen, Terra Tech Corp, Aphria, Vivo Cannabis, Chronos Group, Medical Marijua
The cannabis industry is growing around the globe; since many countries have begun to accept the plant. Cannabis plant has both medical and recreational purposes. Although the cannabis market is not legalized entirely, more and more countries are beginning to explore opportunities within the industry.This cannabis market report has been prepared by effectively using technology, new applications and expertise to manage large and complex market data tables and forecast automatically. The report endows with precise and exact market research information including sound facts and figures which will drive your business in the right direction. In this market research report, a thorough SWOT analysis & investment analysis is provided which forecasts imminent opportunities for the market players. The cannabis report also identifies and analyses emerging trends along with major drivers, challenges and opportunities in the market.
Cannabis report has the data which helps you in deciding about the use of technologies, the acquisition strategies to be employed and things required to build and uphold your brand image. This market study includes drivers and restraints for the market along with the impact they have on the demand over the forecast period derived with the help of SWOT analysis. The report contains market segmentation in the most-detailed pattern. Cannabis market research report has great potential to direct your business in right direction by giving insights about your products, your market, your customers, your competitors and your marketing strategy at right time.
Market Analysis:
Medicinal 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.
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Key Market Competitors: Global Cannabis Market
Few of the major competitors currently working in the rice protein market are Canopy Growth Corporation Aurora Cannabis Inc., Medmen, Terra Tech Corp., Aphria Inc., Vivo Cannabis Inc., Chronos Group Inc., Medical Marijuana, Inc., Stenocare, Tikun Olam, Organigrams Holding Inc., Cannabis Science Inc., Maricann Group Inc., Tilray Inc, Hexo, Scotts Miracle-Gro Co., GW Pharmaceuticals PLC,, MedReLeaf Corp., Insys Therapeutics Inc., CanniMed Therapeutics Inc., Cara Therapeutics Inc.
Key Developments in the Market:
In December 2017, Health Canada provided licenses to two Quebec based cannabis production facilities.
November 2017, Ohio Department of Commerce provided 12 provisional large-scale medical cannabis cultivation licenses.
Market Drivers & Restraints:
Growing medicinal application of cannabis, Increasing legalization of cannabis, Complex regulatory structure for the usage of cannabis
Topics Covered:
1.Introduction
2. Market Segmentation
3. Executive Summary
4. Market Overview
5. Premium Insights
6. Global Cannabis Market: Regulatory Scenario
7. Global Cannabis Market, By Type
8. Global CAnnabis Market, By Distribution Channel
9. Global Cannabis Market, By End User
10. Global Cannabis, By Geography
11. Global Cannabis, Company Landscape
12. Company Profiles
13. Related Reports
Get Detailed TOC @ https://databridgemarketresearch.com/toc/?dbmr=global-cannabis-market
Segmentation:
Product Type
Flower, Concentrates
Application
Medical, Recreational
Compound
Tetrahydrocannabinol (THC)-Dominant, Cannabidiol (CBD)-Dominant, Balanced THC & CBD and more
By Geography
North America, South America, Europe, Asia-Pacific, Middle East & Africa
Competitive Analysis:
Global Legal Marijuana 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.
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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 delve into the markets across Asia, North America, South America, Africa to name few.
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