Press release
Cannabis Cultivation Market 2021 Size, Status and Global Outlook - Canopy Growth Corporation, Aphria, Aurora Cannabis, Maricann, Tilray, GW Pharmaceuticals
The Cannabis Cultivation Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. This helps to understand about the crucial opportunities as well as threats that can impact market globally as world economy has great impact due to COVID 19.The global cannabis cultivation market size is expected to reach USD 358.8 billion by 2027, expanding at a CAGR of 14.3% from 2020 to 2027.
Request Sample Copy of Cannabis Cultivation Market Research Report:
https://www.marketinsightsreports.com/reports/11102442050/global-cannabis-cultivation-market-research-report-2020/inquiry?Mode=PD
Top Leading Companies of Global Cannabis Cultivation Market are Canopy Growth Corporation, Aphria, Aurora Cannabis, Maricann, Tilray, GW Pharmaceuticals, Tikun Olam, Cannabis Sativa and others.
Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED, NYSE:CGC) announced that the Company plans to close its facilities in Aldergrove and Delta, British Columbia, resulting in the elimination of approximately 500 positions. In addition, the Company no longer plans to bring a third greenhouse online in Niagara-on-the-Lake, Ontario. These actions are part of the Company’s effort to align supply and demand while improving production efficiencies over time.
The greenhouses in B.C. account for approximately 3 million square feet of licensed production space and were put into commission, beginning in February 2018, after a period of phased retrofitting to help Canopy Growth scale up to supply the new Canadian adult-use market. Nearly 17 months after the creation of the legal adult-use market, the Canadian recreational market has developed slower than anticipated, creating working capital and profitability challenges across the industry. Additionally, federal regulations permitting outdoor cultivation were introduced after the Company made significant investments in greenhouse production. The Company now operates an outdoor production site to allow for more cost-effective cultivation which will play an important role in meeting demand on certain products that rely on cannabis extracts. Following an organizational strategic review of production capacity and forecasted demand, the Company announced today that these facilities in Aldergrove and Delta, British Columbia are no longer essential to its cultivation footprint.
Dec. 23, 2019 Aurora Cannabis Inc. (the "Company" or "Aurora") (NYSE | TSX: ACB), the Canadian company defining the future of cannabis worldwide, today provided an update on the readiness of its operations with the introduction of new product formats, recent industry recognitions and updates to existing operations. As a global leader in cannabis revenues, cannabis production, research, innovation and international market development, the Company intends to provide regular updates to its stakeholders in an effort to demonstrate continued transparency and disclosure.
Spending on legal cannabis are swelling at a marked pace, spurring companies in expanding the size of cannabis farms. In crux, the cannabis cultivation is a fast growing industry, and emerging markets such as in North America will witness the rise of numerous large-scale greenhouse production facilities. The ecosystem will also attract home growers who are attracted by medical marijuana. The potential use of cannabinoids as medicine is fast gathering steam among worldwide populations.
The report includes a detailed segmentation study of the market. Additionally, segments are analyzed in terms of market growth, share, growth rate, and other vital factors. It also provides the attractiveness index of segments so that players can be informed about lucrative revenue pockets. The extensive evaluation of segments provided in the report will help readers to focus on the right areas of the global Cannabis Cultivation market.
Global Cannabis Cultivation Market Type analysis:
Crude Product
Fashioning
Global Cannabis Cultivation Market Application analysis:
Medical
Legal Edible
Other
The report assesses the strengths and weaknesses of competitors using competitive analysis tools. In the report, it also provides comprehensive production and shipment analysis from point of origin to end user purchase. Furthermore, latest industry developments have been included to help users stay ahead of their competitors. Apart from the production share of regional markets analyzed in the report, readers are informed about gross margin, price, revenue, and production growth rate of Cannabis Cultivation market.
Browse Full Report Copy for TOC:
https://www.marketinsightsreports.com/reports/11102442050/global-cannabis-cultivation-market-research-report-2020?Mode=PD
The analysts explore critical influence factors, market drivers, challenges, risk factors, opportunities, and market trends of Cannabis Cultivation market to give holistic view on Cannabis Cultivation Market.
Following are major Table of Content of Cannabis Cultivation Market:
- Cannabis Cultivation Market Overview
- Executive Summary
- Cannabis Cultivation Segment by Types (Product Science)
- Global Cannabis Cultivation Segment by Application
- Global Cannabis Cultivation Market by Regions (2015-2027)
- Global Cannabis Cultivation Market Competition by Manufacturers
- Company (Top Players) Profiles and Key Data
- Global Cannabis Cultivation Revenue by Regions (2015-2020)
- Global Cannabis Cultivation Revenue by Types
- Global Cannabis Cultivation Market Analysis by Application
- Cannabis Cultivation Manufacturing Cost Analysis
- Marketing Strategy Analysis, Distributors/ Traders
- Global Cannabis Cultivation Market Forecast (2020-2027)
- Research Findings and Conclusion
We Offer Customization On Report Based On Specific Client Requirement:
– Country Level analysis for any 5 countries of your choice.
– Competitive analysis of any 5 key market players.
– 40 analyst hours to cover any other data point.
Related Reports:
Global Cannabis Extraction Market Growth 2021-2026:
https://www.marketinsightsreports.com/reports/02012580840/global-cannabis-extraction-market-growth-2021-2026?Mode=PD
Global Medical Cannabis Market Research Report 2021:
https://www.marketinsightsreports.com/reports/01132544300/global-medical-cannabis-market-research-report-2021?Mode=PD
Global Cannabis Packaging Market Growth 2021-2026
https://www.marketinsightsreports.com/reports/02012581205/global-cannabis-packaging-market-growth-2021-2026?Mode=PD
Contact US:
Irfan Tamboli (Head of Sales) : Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
ABOUT US:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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 Cannabis Cultivation Market 2021 Size, Status and Global Outlook - Canopy Growth Corporation, Aphria, Aurora Cannabis, Maricann, Tilray, GW Pharmaceuticals here
News-ID: 2239909 • Views: …
More Releases from Market Insights Reports
Cold Chain Monitoring Market May See a Big Move | BlueAir, Denso, Eureka Forbes, …
Market Insights Reports published a new research publication on "Cold Chain Monitoring Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Cold Chain Monitoring market was mainly driven by the increasing R&D spending across the world.
Some of the key players…
Outbound Logistics Market Next Big Thing | Major Giants- Draexlmaier, Faurecia, …
Market Insights Reports published a new research publication on "Outbound Logistics Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Outbound Logistics market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in…
Veterinary Telemedicine Market May See a Big Move | Nestle, Deuerer, The J.M. Sm …
Market Insights Reports published a new research publication on "Veterinary Telemedicine Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Veterinary Telemedicine market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in…
Precision Planting Market is Set to Fly High in Years to Come
Market Insights Reports published a new research publication on "Precision Planting Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Precision Planting market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in…
More Releases for Cannabis
Cannabis Concentrate Market to Witness Huge Growth by Aurora Cannabis, Tikun Ola …
Global Cannabis Concentrate Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns& country along with competitive landscape, player’s market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability.…
Cannabis Market: Study Navigating the Future Growth Outlook | Aphria, Aurora Can …
An off-the-shelf report on Cannabis Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical…
Medical Cannabis Market Size, Growth Rate, COVID-19 Impact, Key Players-Canopy G …
The Latest research study released by DBMR "Global Medical Cannabis Market" with 350+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. This Research Report presents you analysis of market size, share, and growth, trends, and cost structure, statistical and comprehensive data of the global market. A number…
Cannabis Infused Products Market Worth Observing Growth|Canopy Growth, Aurora Ca …
Cannabis Infused Products Market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to witness the growth at an annual pace of 22.0% in the forecast period. The growing awareness about the well-being and mental health benefits is driving the market scope of cannabis infused products.
Cannabis infused products market is growing with the successive application of marijuana or…
Cannabis Market Demand, Competitive Landscape and Outlook by 2027 Key Players - …
Cannabis or Marijuana is a psychoactive drug from the Cannabis plant used for medical or recreational purposes.
Cannabis market is expected to reach US$ 153,689.9 Mn in 2027 from US$ 10,838.1 in 2018. The market is estimated to grow with a CAGR of 34.5% from 2019-2027. The report highlights the trends prevalent in the global cannabis market and the factors driving the market along with those that act as deterrents…
By 2027, Cannabis Market is reaching 34.5% of CAGR Lead by Aurora Cannabis, Cann …
Global “Cannabis Market” report has implemented a systematic way to evaluate the dynamics of the overall Cannabis market. It provides a comprehensive study comprising of a top-to-bottom research on the market dynamics, including growth drivers, challenges, threats, and potential growth opportunities, with a key focus on the global market and the regional market. In a chapter-wise format, the report evaluates the global supply and demand trends in the global market,…
