Press release
Global Cannabis Market Estimated $110.7 Million Growth by 2026 Report By Canopy Growth Corporation Aurora Cannabis, Medmen, Terra Tech Corp, Aphria, Vivo Cannabis, Chronos Group, Medical Marijuana and others
The Cannabis market is segmented in product, application, end-user, and region, which is being used by the top players and brands that are dominating the market by their calculated moves like product launches, researches, joint ventures, mergers, and acquisitions, and as the calculation of historic year and 2017 the base year 2018 shows that they are moving in the right direction.
This report also explains what the markets definition, classifications, applications, and engagements are, while explaining what the drivers and restraints are for the Cannabis market which is derived from SWOT analysis.
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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.
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
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Table of Contents-Snapshot
- Executive Summary
Chapter 1 Industry Overview
Chapter 2 Industry Competition by Manufacturers
Chapter 3 Industry Production Market Share by Regions
Chapter 4 Industry Consumption by Regions
Chapter 5 Industry Production, Revenue, Price Trend by Type
Chapter 6 Industry Analysis by Applications
Chapter 7 Company Profiles and Key Figures in Industry Business
Chapter 8 Industry Manufacturing Cost Analysis
Chapter 9 Marketing Channel, Distributors and Customers
Chapter 10 Market Dynamics
Chapter 11 Industry Forecast
Chapter 12 Research Findings and Conclusion
Chapter 13 Methodology and Data Source
Get Detailed TOC @ https://databridgemarketresearch.com/toc/?dbmr=global-cannabis-market
Market Drivers & Restraints:
• Growing medicinal application of cannabis
• Increasing legalization of cannabis
• Complex regulatory structure for the usage of cannabis
Segmentation:
Product Type
• Flower
• Concentrates
Application
• Medical
• Recreational
Compound
• Tetrahydrocannabinol (THC)-Dominant
• Cannabidiol (CBD)-Dominant
• Balanced THC & CBD
• and more
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.
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 Market Research
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Email: sopan.gedam@databridgemarketresearch.com
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