Marijuana Market - Know Emerging Segments with Great Upside Potential
Major Players in This Report Include,
Cara Therapeutics (United States), Cannabis Sativa (United States), CannaGrow Holdings (United States), United Cannabis (United States), Growblox Sciences (United States), GreenGro Technologies (United States), GW Pharmaceuticals (United Kingdom), Lexaria Corp (Canada), MMJ America (United States)
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Marijuana, a psychoactive drug, has medicinal as well as recreational applications. Though, this drug is illegal in most part of the world but widely consumed by millennial. Growing popularity of marijuana is also attributed by its rising medicinal application. The evolution of medical marijuana or medical cannabis from an illegal drug to a mainstream legalized drug in certain parts of the globe is catalyzing the growth of medical marijuana market. According to a research, medical marijuana is being consumed by more than 12 million people all over the globe for various medical purposes such as depression, cancer, pain management and others.
• Increasing Demand for both Medical and Recreational Purposes
• Emergence of luxury cannabis products
• The harmful effects of smoking unregulated volumes of marijuana has led to the advent of nouveau consumption trends of medical marijuana
• Top market players are focusing on increasing their production capacities and expanding their business reach.
• The Asia-Pacific region is anticipated to emerge as a lucrative investment pocket during the upcoming years, owing to the increasing medical complexities in the region and the extensive research being conducted by various Chinese firms.
• Various countries such as Israel, United Kingdom and others are focusing on research and technology development.
• Development of Side Effects, Limiting Usability
• Difficulty in Procurement of License for Production
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In this research study, the prime factors that are impelling the growth of the Global Marijuana market report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers.
The Marijuana market study is being classified by Type (Recreational, Medical), Application (Chronic Pain, Arthritis, Migraine, Cancer, Other), Grade (Industrial Grade, Pharmaceutical Grade)
The report concludes with in-depth details on the business operations and financial structure of leading vendors in the Global Marijuana market report, Overview of Key trends in the past and present are in reports that are reported to be beneficial for companies looking for venture businesses in this market. Information about the various marketing channels and well-known distributors in this market was also provided here. This study serves as a rich guide for established players and new players in this market.
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Current Scenario Analysis for Decision Framework
Key Strategic Developments in Marijuana Market:
The research includes the key strategic activities such as Research & Development (R&D) initiatives, Merger & Acquisition (M&A) completed, agreements, new launches, collaborations, partnerships & (JV) Joint ventures, and regional growth of the key competitors operating in the market at global and regional scale to overcome current slowdown due to COVID-19.
Key Market Features in Global Marijuana Market
The report highlights Marijuana market features, including revenue size, weighted average regional price, capacity utilization rate, production rate, gross margins, consumption, import & export, demand & supply, cost bench-marking in Marijuana, market share and annualized growth rate (Y-o-Y) and Periodic CAGR.
Extracts from Table of Contents
Marijuana Market Research Report
Chapter 1 Marijuana Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Revenue (Value, Volume*) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type
Chapter 7 Global Market Analysis by Application
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This report also analyzes the regulatory framework of the Global Markets Marijuana Market Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analyzed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers.
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