Press release
United States Legal Marijuana Market - Advocacy Group Continues Push to Make Marijuana Legal in The U.S.A. | Key Players: Medicine Man, Canopy Growth, Aphria, Aurora Cannabis Inc., mCig Inc
The United States Legal Marijuana Market (2020) research report explores the market in terms of Revenue And Emerging Market Trends and Drivers and includes an up to date analysis and forecasts for various market segments, major players.The coronavirus epidemic (COVID-19) has affected all aspects of life around the world. This has changed some of the market situation. The main purpose of the research report is to provide users with a broad view of the market. Initial and future assessments of rapidly changing market scenarios and their impact are covered in the report. The report will account for Covid19 as a key market contributor.
The top players covered in United States Legal Marijuana Market are: Medicine Man, Canopy Growth, Aphria, Aurora Cannabis Inc., mCig Inc
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Growing legalization in USA is primarily driving the market. Furthermore, rising adoption of cannabis as a medical product for treating conditions, such as Parkinson's disease, cancer, arthritis, and neurological disorders is also expected to fuel revenue growth in the forthcoming years.
Increasing disease burden of chronic pain and growing need for effective pain management remedies is expected to amplify the demand for legal cannabis. Similarly, high prevalence of cancer is expected to be one of the factors driving the demand.
Based on medical application areas, the market is broadly categorized into chronic pain, mental disorders, cancer, and others. The largest application segment is chronic pain. Mental disorders segment is expected to emerge as the fastest growing segment by the end of the forecast period. The other applications includes several health conditions such as arthritis, multiple sclerosis, muscle spasms, nausea, HIV/AIDS, muscular dystrophy, Irritable Bowel Syndrome (IBS), kidney failure, and migraines. The other applications account for a significant market share, as millions of people suffer from at least one of these conditions.
Legalization of medical marijuana and decriminalization in USA has led to a significant decrease in the black market, as people are resorting to legally purchasing cannabis for medical as well as recreational use. Moreover, government earnings through taxation is further viewed as an opportunity for countries to earn high revenues.
Enumerating some of the fundamental parameters encompassed in the report:
• A detailed evaluation of this industry space
• A highly accurate forecast of the valuation of this business
• A fairly definite projection of the growth rate that this market might record over the forecast duration
• United States Legal Marijuana market segmentation
• The numerous growth opportunities prevailing in the vertical
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United States Legal Marijuana Market Report Covers Following Questions:
• What are the weaknesses and strengths of the key vendors?
• What are the key outcomes of the five forces analysis of the United States Legal Marijuana market?
• What are the various threats and opportunities faced by the dealers in the United States Legal Marijuana market?
• Who are the leading key players and what are their key business strategies in the United States Legal Marijuana market?
United States Legal Marijuana Market Report includes Detailed TOC points:
1 Industry Overview
2 Industry Environment (PEST Analysis)
3 Point Of Care Infection Control Market by Type
4 Major Companies List
4.1 Medicine Man (Company Profile, Sales Data etc.)
4.1.1 Medicine Man Profile
Table Medicine Man Overview List
4.1.2 Medicine Man Products & Services
4.1.3 Medicine Man Business Operation Conditions
Table Business Operation of Medicine Man (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
(Continue with Key Players)
5 Market Competition
6 Demand by End Market
7 Region Operation
8 Marketing & Price
9 Research Conclusion
Worldwide Market Reports provides customization of reports as per your request. This report can be personalized to meet your requirements. Get in touch with our research team, who will make sure you get a report that suits your necessities.
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