North America Cannabis Market 2020-2026 is Slated to Witness Tremendous Growth | O.penVAPE Shop., The Cronos Group, Tilray, Marley Natural

Global North America Cannabis Market report endows with a profound overview of product specification, product type, production analysis, and technology by taking into consideration the major factors such as revenue, cost, and gross margin. According to this business document, key players are taking actions such as developments, product launches, acquisitions, mergers, joint ventures and competitive analysis in the industry.

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.

North America cannabis market is projected to register a healthy CAGR in the forecast period of 2019 to 2026.

Few of the leading organizations’ names are listed here- O.penVAPE Shop., The Cronos Group, Tilray, Marley Natural, Aurora Cannabis, Cara Therapeutics, ARUMA LABS HOLDINGS PTY LIMITED, Medcan Australia, Sundial Growers Inc., Canopy Growth Corporation, GW Pharmaceuticals plc, The Scotts Company LLC, Aphria Inc., VIVO Cannabis Inc., Cannatrek and others.

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Product Launch

In November 2019, SLANG Worldwide Inc. announced the launch of its new product line, RESERVE; in California market that is an extension of O.penVAPE brand. The company became best-selling cannabis brand in the United States due to the launch of this product.
In April 2019, Aphria Inc. launched a new product into the cannabis market namely CBD-based nutraceutical and CBD-based cosmetics line especially for the German market. The product was launched by the Cann Relief brand of the company as they are popular in the German market and can help the company increase its market share North America.
In February 2018, MedReleaf Corp. launched its product San Rafael ’71, the first adult-use recreational brand. This product is designed for the people who are aware of the cannabis products and their effects.

Methodologies utilized to evaluate the market-:

Research analysts and experts have utilized excellent market research tools such as SWOT analysis, Porter’s Five Forces analysis, PEST analysis, and Primary and Secondary research analysis to define, describe and evaluate the competitive landscape of the NORTH AMERICA CANNABIS market.

Research strategies and tools used-:

This NORTH AMERICA CANNABIS market research report helps the readers to know about the overall market scenario, strategy to further decide on this market project. It utilizes SWOT analysis, Porter’s Five Forces Analysis and PEST analysis.

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In this study, the years considered to estimate the market size of North America Cannabis are as follows:

History Year: 2014-2018

Base Year: 2019

Estimated Year: 2020

Forecast Year 2020 to 2027

Crucial Market Segment details-:

On the basis of product type, the market is segmented into buds, oil, tinctures and others
On the basis of usage, the market is segmented into medical and recreational
On the basis of crop variety, the market is segmented into cannabis indica, cannabis sativa and others
On the basis of distribution channel, the market is segmented into physical, digital and others

Table of Contents

1 North America Cannabis Market Overview

2 Manufacturers Profiles

3 Global North America Cannabis Market Competitions, by Players

3.1 Global North America Cannabis Revenue and Share by Players

3.2 Market Concentration Rate

3.2.1 Top 5 North America Cannabis Players Market Share

3.2.2 Top 10 North America Cannabis Players Market Share

3.3 Market Competition Trend

4 Global North America Cannabis Market Size by Regions

5 North America North America Cannabis Revenue by Countries

6 Europe North America Cannabis Revenue by Countries

7 Asia-Pacific North America Cannabis Revenue by Countries

8 South America North America Cannabis Revenue by Countries

9 Middle East and Africa Revenue North America Cannabis by Countries

10 Global North America Cannabis Market Segment by Type

11 Global North America Cannabis Market Segment by Application

12 Global North America Cannabis Market Size Forecast (2019-2027)

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 Conclusion:  

This North America Cannabis research report gives the outcome that matters most to the client. The research carried out in this report suggests what is going to be beneficial and how the report will help the business to grow.

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