Press release
Cannabis Market with Top Leading Players like Aphria, Aurora Cannabis, Cannabis Science, Inc. Canopy Growth Corporation, Medical Marijuana, Inc. VIVO Cannabis, Inc. Tikun Olam Ltd, Terra Tech, Corp. Tilray, Cronos Group
Cannabis Market
Cannabis is a type of drug that is obtained from plants such as cannabis indica and cannabis sativa. The active chemical present in the plant is tetrahydrocannabinol (THC). Cannabis plant has several medical as well as recreational usages. In medical, cannabis is reported to treat nausea, vomiting, chronic pains, asthma and many more diseases. The plant also has psychoactive and physiological effects when taken into the body.
The global cannabis market is expected to reach US$ 153,689.9 Mn in 2027 from US$ 10,838.1 in 2020. The market is estimated to grow with a CAGR of 34.5% from 2020-2027.
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Companies Profiled in this report includes, O.penVAPE Shop., The Cronos Group, Tilray, Marley Natural, Aurora Cannabis, Cara Therapeutics, ARUMA LABS HOLDINGS PTY LIMITED, Medcan Australia, Sundial Gro
This report contains:
o Market sizing for the global Cannabis Market.
o Compare major Cannabis Market providers strategies and approaches to the challenges they face
o Analysis of the effects deglobalisation trends may have for Cannabis Market providers
o Profiles of major Cannabis Market providers
o 7-year CAGR forecasts for Cannabis Market -intensive vertical sectors
Cannabis Market- Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/ position of top 5 key vendors.
Key Benefits
? This report provides a detailed study of Cannabis Market trends and forecast from 2020 to 2027, which assist to identify the prevailing market opportunities.
? In-depth coverage of the global Cannabis market that includes drivers, restraints, and opportunities, helps professionals to understand the market behavior in a better way.
? This study further includes market analysis in terms of type and applications.
? Detailed study of the strategies of key leaders, partnerships, and acquisitions in the Cannabis Market is provided.
Product Type Insights
The global cannabis market, based on the product type was segmented into flower, concentrates and others. In 2018, the flowers held a largest market share of the cannabis market, by product type. However, the concentrates segment is expected to witness the highest CAGR of 36.0% over the coming years. The flowers hold a major share in the cannabis market as highest levels of cannabinoids are found in the leaves and flowers of cannabis. On the other hand, the concentrates of marijuana have higher proportions of terpenes and cannabinoids as compared to naturally occurring cannabis flowers, which accounts for its fastest growth in the global cannabis market.
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