Press release
On Going Global Cannabis Market Updation, Opportunities, Innovation and Bugs Report By Canopy Growth Corporation Aurora Cannabis, Medmen, Terra Tech Corp, Aphria, Vivo Cannabis, Chronos Group, Medical Marijuana and others
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Focus of the report:
1. The study provides an in-depth analysis of the Global Cannabis Market and current & future trends to elucidate imminent investment pockets.
2. Changing market dynamics of the industry
3. Strategies of key players and product offerings
4. In-depth market segmentation
5. Recent industry trends and developments
6. Analyze and forecast Global Cannabis Market on the basis of type, function and application.
Market Analysis: 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.
Key Competitors:
• Canopy Growth Corporation Aurora Cannabis
• Medmen
• Terra Tech Corp
• Aphria
• Vivo Cannabis
• Chronos Group
• Medical Marijuana
• Stenocare
• Tikun Olam
• Organigrams Holding
• Cannabis Science
• Maricann Group
• Tilray
• Hexo
• Scotts Miracle-Gro
• GW Pharmaceuticals PLC
• MedReLeaf
• Insys Therapeutics
• CanniMed Therapeutics
• Cara Therapeutics
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.
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Segmentation:
Product Type
• Flower
• Concentrates
Application
• Medical
• Recreational
Compound
• Tetrahydrocannabinol (THC)-Dominant
• Cannabidiol (CBD)-Dominant
• Balanced THC & CBD
• and more
Market Segment by Regions, regional analysis covers:
• North America - United States, Canada and Mexico
• Europe - Germany, France, UK, Russia and Italy
• Asia-Pacific- China, Japan, Korea, India and Southeast Asia
• South America - Brazil, Argentina, Colombia
• Middle East and Africa - Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Competitive Analysis: Global cannabis 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.
Speak to Author: https://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-cannabis-market
Data Bridge Market Research
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Magarpatta Road, Hadapsar
Pune – 411028
Maharashtra, India
Email: sopan.gedam@databridgemarketresearch.com
Data Bridge Market Research 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.
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