Press release
Legal Marijuana Market 2019 Future Scope and Growth Factors Up To 2025|Canopy Growth Corporation , Aphria, Inc. , Aurora marijuana Inc., Maricann Group, Inc. , Tilray, Inc., Cronos Group Inc. , OrganiGram Holding Inc.
Legal Marijuana Market
According to this latest publication from Meticulous Research, the global legal marijuana market is expected to grow at a CAGR of 28.3% from 2019 to 2025 to reach $75.6 billion by 2025. The global legal marijuana market is majorly driven by increasing legalization of marijuana across the globe, growing medicinal application of marijuana, rising geriatric population who need treatment for chronic diseases, and growing awareness about the application of marijuana. In addition, huge untapped market provides significant opportunity for the growth of the legal marijuana market. However, the high cost associated with legal marijuana and strict regulations against usage of marijuana obstructs the growth of this market to some extent.
Get Inside Scoop Of The Report, Download For Free Sample PDF @https://www.meticulousresearch.com/download-sample-report/cp_id=5022
(Note: Sample PDF Download with TOC, Charts, and Graphs)
Key Market Segments to Watch
This study provides assessment of the global legal marijuana market on the basis of product type (buds / marijuana flower and marijuana extracts), marijuana extracts (oil, tinctures, and others), species (cannabis indica, cannabis sativa, and cannabis hybrid), strains (THC-dominant, CBD-dominant, and balanced THC and CBD), purchase channel (online and offline), application (medical, recreational, and cosmetics and others), medical application (chronic pain, mental disorders, cancer, and others), and end-use industries (pharmaceutical; food, beverages, and tobacco; personal care; and research and development centers). The study also evaluates industry competitors and analyses the market at country level.
Based on product type, the global legal marijuana market is segmented into buds/ marijuana flower and marijuana extracts. Buds / marijuana flower held the largest market share of the global legal marijuana market in 2018. The large share of this segment is mainly attributed to the presence of large number of tobacco smokers.
Based on strains, the CBD-dominant strains are expected to witness a rapid growth during the forecast period. The rapid growth of market is attributed to the fact that CBD has a broader therapeutic index compared to THC; and it is believed to help with appetite stimulation, bone-growth stimulation, immunosuppression, and neuroprotection.
Make an inquiry for purchasing this report @https://www.meticulousresearch.com/enquire-before-buying/cp_id=5022
Based on application, legal marijuana market is segmented into three major segments namely, medical, recreational, and cosmetics and others. Medical segment accounted for the largest share of the global legal marijuana market in 2018. However, recreational application segment is expected to witness a rapid growth during the forecast period. The rapid growth of this market is primarily attributed growth in the number of consumers after legalization and growing trend of consuming marijuana as a substitution to alcohol.
Scope of the report
Legal Marijuana Market, by Product Type
Buds / marijuana Flower
Cannabis Extracts
Oil
Tinctures
Others
Legal Marijuana Market, by Species
Cannabis Indica
Cannabis Sativa
Cannabis Hybrid
Legal Marijuana Market, by Strain
THC-dominant
CBD-dominant
Balanced THC and CBD
Legal Marijuana Market, by Purchase Channel
Online
Offline
Legal Marijuana Market, by Application
Medical
Chronic Pain
Mental Disorders
Cancer
Others
Recreational
Cosmetics & Others
Legal Marijuana Market, by End-User
Pharmaceutical
Food, Beverages, and Tobacco
Personal Care
Research and Development Centres
Legal Marijuana Market, by Geography
North America
U.S.
Canada...........To Know More TOC with list of table and figures @https://www.meticulousresearch.com/product/legal-marijuana-market-5022/
Geographic Review:
This research report analyzes major geographies and provides comprehensive analysis of North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. The North America accounted for the largest share of the North America legal marijuana market in 2018. The region is also expected to witness the fastest growth during the forecast period. The major share of this region is mainly attributed to changing people's attitude toward marijuana use, large base of marijuana consumers, presence of key players in the region, rising acceptance for both medical and recreational purposes, and increasing investment from leading players.
key players:
The key players profiled in the global legal marijuana market report are Canopy Growth Corporation (Canada), Aphria, Inc. (Canada), Aurora Cannabis Inc. (Canada), Maricann Group, Inc. (Canada), Tilray, Inc. (Canada), Cronos Group Inc. (Canada), OrganiGram Holding Inc. (Canada), VIVO Cannabis Inc. (Canada), Tikun Olam Ltd. (Israel), The Green Organic Dutchman Holdings Ltd. (Canada), Terra Tech Corp. (U.S.), Medical Cannabis, Inc. (U.S.), Stenocare A/S (Denmark), Cannabis Science, Inc. (U.S.), and HEXO Corp. (Canada).
Make an inquiry for purchasing this report @https://www.meticulousresearch.com/enquire-before-buying/cp_id=5022
Key questions answered in the report-
Which are the high growth market segments in terms of product type, species, strains, purchase channel, application, end-use industries, and countries?
What is the historical market for legal marijuana across the globe?
What are the market forecasts and estimates from the period 2019-2025?
What are the major drivers, restraints, opportunities, challenges, and trends in the global legal marijuana market?
Who are the major players in the global legal marijuana market and what share of the market do they hold?
Who are the major players in various countries and what share of the market do they hold?
How is the competitive landscape?
What are the recent developments in the global legal marijuana market?
What are the different strategies adopted by the major players in the global legal marijuana market?
What are the geographic trends and high growth countries?
Who are the local emerging players in the global legal marijuana market and how do they compete with the other players?
Which will be the potential economies with respect to legal marijuana industry?
Contact Us:
Meticulous Research
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Asia-Pacific
Office No-202, 203,204,205,206;
2nd Floor, Pushpak Business Hub,
Wakad, Pimpri-Chinchwad,
411057, India.
Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
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 2019 Future Scope and Growth Factors Up To 2025|Canopy Growth Corporation , Aphria, Inc. , Aurora marijuana Inc., Maricann Group, Inc. , Tilray, Inc., Cronos Group Inc. , OrganiGram Holding Inc. here
News-ID: 1928953 • Views: …
More Releases from Meticulous Research
The Cloud Managed Services Market is projected to reach $247.5 billion by 2030
The Cloud Managed Services Market is projected to reach $247.5 billion by 2030, growing at a robust CAGR of 14.2% from 2023 to 2030. This growth is fueled by advancements in cloud technologies, increasing demand in sectors like BFSI and healthcare, and a rising focus on customized and managed cloud services. However, challenges such as high costs, security risks, compliance issues, and limited flexibility may impact market growth.
Download free…
Language Learning Market Projected to Reach $124.6 Billion by 2031
Meticulous Research® recently published a report titled, "Language Learning Market by Age Group (40 years), Language (English, Mandarin, Spanish, French, German, Italian, Japanese), End User (B2C, B2B), and Geography - Global Forecast to 2031."
Download sample report here: https://www.meticulousresearch.com/download-sample-report/cp_id=5561
According to the report, the language learning market is anticipated to reach $124.6 billion by 2031, growing at a CAGR of 10.7% from 2024 to 2031. Key factors fueling this growth…
Oncology Information Systems Market to be Worth $4.45 Billion by 2030: Analytica …
Introduction:
Meticulous Research® recently released a comprehensive report titled "Oncology Information Systems Market By Offering (Software, Services) Application (Medical, Surgical, Radiology Oncology) End User (Hospital, Diagnostic Imaging Center, Cancer Care Center) - Global Forecast to 2030." The report reveals that the oncology information systems (OIS) market is projected to reach approximately $4.45 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.4% from 2024. This growth is…
IoT Sensors Market to be Worth $56.8 Billion by 2030
Meticulous Research®-a leading global market research company, published a research report titled, 'IoT Sensors Market by Offering (Image Sensors, RFID Sensors, Biosensors, Humidity Sensors, Optical Sensors, Others), Technology (Wired, Wireless), Sector (Manufacturing, Retail, Consumer Electronics, Others), & Geography - Global Forecast to 2030.'
According to this latest publication from Meticulous Research®, in terms of value, the IoT sensors market is projected to reach $56.8 billion by 2030, at a CAGR of…
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…
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 : Eminent Players – Canopy Growth, Aphria, Inc., Auro …
Medical marijuana market to register an appreciable CAGR of 36% over 2018-2024, Germany to emerge as a vital regional contender.
A news that has lately set the global medical marijuana market ablaze, is that of the Canadian Government passing the Cannabis Act for the official legalization of the marijuana drug. According to reports, Justin Trudeau, the Canadian Prime Minister, has set October 17, 2018 as the official date for the announcement,…
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…
