openPR Logo
Press release

Legal Marijuana Market by Product Type , Species , Strains , Purchase Channel, Application End-Use Industries, and Geography | Exclusive Report By Meticulous Research

02-23-2021 12:44 PM CET | Science & Education

Press release from: Meticulous Research®

/ PR Agency: Meticulous Research
Legal Marijuana Market by Product Type , Species , Strains ,

Meticulous Research® – leading global market research company published a research report titled “Legal Marijuana Market by Product Type (Buds, Marijuana Extracts), Species (Sativa, Indica), Strains (THC, CBD), Purchase Channel, Application (Medical, Recreational), End-Use, and Geography – Global Forecast to 2025”.

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.

Download Free PDF Sample Copy of the Report (with covid 19 Impact Analysis) @ https://www.meticulousresearch.com/download-sample-report/cp_id=5022

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.

Any Question | Speak to Analyst @ https://www.meticulousresearch.com/speak-to-analyst/cp_id=5022

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.

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.

Purchase This Report (Price 3757 USD for single user license) @ https://www.meticulousresearch.com/Checkout/30322128

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.

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).

Request Free Sample Copy Of Report From Here @ https://www.meticulousresearch.com/request-sample-report/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
Connect with us on Twitter- https://twitter.com/MeticulousR123

About Meticulous Research®:

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, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicated market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Meticulous Research® produces global reports and custom studies for North America, Europe, Latin America, Asia-Pacific, and the Middle East and Africa regions. These reports are used by our clients for marketing and strategic planning in various sectors.

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 by Product Type , Species , Strains , Purchase Channel, Application End-Use Industries, and Geography | Exclusive Report By Meticulous Research here

News-ID: 2247102 • Views: 125

More Releases from Meticulous Research®

Dental Materials Market Professional Survey by Manufacturers, Share, Growth, Tre …
The Dental materials market will grow at a CAGR of 7.2% during the forecast period to reach USD 7,245.5 million by 2022, according to this latest publication from Meticulous Research. The growth of this market is mainly attributed to the rising geriatric and edentulous population, growing dental tourism for advanced dental solutions, increasing disposable incomes in the developing countries, growing dental clinics with advanced dental treatments, and increasing demand of
Digital Signage Market Experiences a Noticeable Growth with $19.44 Billion by 20 …
According to a new market research report titled, “Digital Signage Market by Product Type (Videowall, Kiosk, Menu boards & Billboards) by Component (Hardware (Display (LCD, LED & OLED)), Services), by Application, by Industry Vertical (Retail, Hospitality, Entertainment, Transportation, Corporate, Healthcare) – Global Forecast to 2027” the digital signage market is expected to grow at a CAGR of 6.4% from 2019 to 2027 to reach $26.3 billion by 2027. Download Free Sample
Automotive Iot Market (Based on 2020 COVID-19 Worldwide Spread) Industry Analysi …
Meticulous Research® – leading global market research company published a research report titled “Automotive IoT Market by Platform (Data Management), Component (Sensor, GPS, Bluetooth, Wi-Fi), Data Converter (ADC), Connectivity (Embedded), End User (OEM), Application (ADAS, Fleet Management, Infotainment) – Global Forecast to 2025. We provide crucial, accurate, and real time market data that helps these executives to take informed decisions and deliver maximum impact. We provide Research That Revolutionizes Your Business According
Access Control And Authentication Market (COVID-19 Analysis) Benefits, Forthcomi …
Meticulous Research®– a leading global market research company published a research report titled “Access Control and Authentication Market by Technology (Biometrics, Smart Card, Electronic Locks), Component, Application (Residential/Commercial, IT Telecom, BFSI, Retail, Defense, Healthcare, Manufacturing, Hospitality) – Global Forecast to 2027”. According to this latest publication from Meticulous Research®, the access control and authentication (ACA) market is expected to grow at a CAGR of 11.2% from 2020 to reach $22.7 billion

All 5 Releases


More Releases for Canada

Electronic Logging Device Canada
There are some trucking companies that have what is known as an electronic logging device. This logger is actually a computer software program that keeps track of everything that goes on with the trucks. It can track the route, the fuel consumption and the maintenance on the vehicle. The trucking electronic logging devices in the truck can be hooked up to the company computer system and all of this can
Giftapart expands to Canada
Giftapart, the world’s first social ecommerce supermall, is now available in Canada. “We are thrilled to provide Giftapart’s innovative features to the Canadian people,” said Filipe Pedroso, founder and CEO of Giftapart, “Giftapart provides the world’s first and only place where anyone can make a gift registry and control the precise order that the gifts are funded. For the first time in the world, gift receivers can actually get what they
Employee Benefits in Canada 2018
The Canadian social security system covers various programs, many of which are run by the country's provinces and territories. In general, benefits are similar across all provinces and territories; however, Quebec implements its own pension plan. The government provides financial support to provincial and territorial governments through four main transfer programs-the Canada Health Transfer (CHT), the Canada Social Transfer (CST), and Equalization and Territorial Formula Financing (TFF)-to help them provide
CBF Management, Canada
'''CBF Management''' is the doing-business-as name of CBF Management/CBF and currently a non-franchisor selling and supporting post construction cleaning services, janitorial, commercial, residential, and floor care services through the [[Canada]], and 2 other countries using the “CBF Management” trademarks and systems to commercial services. Company History and Key Dates *2006 – CBF Management Company founded in Vancouver, British Columbia, as a floor care company by Harpreet Sandhu, a former track athlete. *2008 –
Jewellery Market in Canada
Summary This report helps to analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Jewellery in Canada Market. Description Producers of fine jewellery brands continue to invest and expand across Canada, bringing more competition. In late 2016, David Yurman introduced its high jewellery collection at Holt Renfrew in Vancouver, featuring by-appointment-only pieces. It also aims to open more outlets in luxury
Medium & Heavy Trucks in Canada
ReportsWorldwide has announced the addition of a new report title Medium & Heavy Trucks in Canada to its growing collection of premium market research reports. Medium & Heavy Trucks in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the