Marijuana Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2027 - Manitoba Harvest, CW Hemp/CW Botanicals, Aphria, Canopy Growth Corporation, Nutiva

The “Marijuana market” research report provides an in-depth analysis of the current’s trends, latest developments, scenarios, market sizes, various drivers, restraints, and major players along with their profile details. The research report offers the historic data for years 2021 and 2027 and also provides the forecast data from years 2021 to 2027 which is based on revenue. With the help of all this information research reports helps the market participants to improve market positions. With the help of all these insights, the Marijuana market research report recommends a business strategy for present market participants to strengthen their position in the market.

The data studied for the preparation of the report takes into account the current major players and the major players that will be listed. Industry top players are: Manitoba Harvest, CW Hemp/CW Botanicals, Aphria, Canopy Growth Corporation, Nutiva, Agropro, CV Sciences, Isodiol, ENDOCA, Jinzhou Qiaopai Biotech, North American Hemp & Grain Co, Yunnan Industrial Hemp, GFR Ingredients Inc, Hempco, Yishutang, Naturally Splendid, BAFA neu GmbH, Aos Products, Suyash Herbs

Recent Developments:

In June 2021, Canopy Growth, one of the world's largest cannabis companies, announced that it has completed the acquisition of The Supreme Cannabis Company and acquired 100% of the issued and outstanding common shares of Supreme.

In December 2020, Aphria Inc. and Tilray, Inc. (Canada) entered into a definitive agreement to combine their businesses and create the world’s largest cannabis company. The Combined Company, supported by low-cost cultivation, processing, and manufacturing facilities, would have a complete portfolio of branded Cannabis 2.0 products in Canada.

In November 2020, Aphria Inc. announced the completion of the acquisition of SW Brewing Company, LLC (US), one of the largest independent craft brewers. SweetWater offers complimentary cannabis lifestyle brands, which would help Aphria to diversify its product portfolio.

In September 2020, Medical Marijuana Inc. announced the expansion of its production and warehouse facility, enabling broader product R&D and internal manufacturing. The company would add 1,100 square feet of production area.

The Global Marijuana Market Size is Projected to Reach a CAGR of 27% during 2021-2027.

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Covid-19 Impact and Recovery Analysis:

The number one goal of this Marijuana Market document is to provide Quantitative records within charts and graphs. The information regarding market fundamentals is provided purely for the sake of readers. All the readers on the side of stakeholders will understand the market situations and business enterprise environment because it needs to be through this properly-planned Market analysis. It turns smooth to collect the effect of COVID-19 on the market boom through this Marijuana market document.

Marijuana market Segmentation by Type:

Marijuana Seeds
Marijuana Oil
Marijuana Protein
Marijuana Gel Caps

Marijuana market Segmentation by Application:

Supermarkets
Convenience Stores
Others

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North America dominated the market

North America dominated the market with a revenue share. The growth of the regional market has been supported by enlightened government regulations and the legalization of marijuana for medical as well as adult (recreational) use part in the U.S. and Canada. The presence of key marijuana cultivators and manufacturers in the region, the legalization of marijuana for adult use, increasing retail sales, and geographical expansion of retail stores are some other factors driving the regional market. Marijuana products provide various medical benefits to the users, which has increased their adoption for the treatment of various chronic conditions. Hence, they are gaining traction within a short time. Moreover, competition in the global market is high because companies are focused on increasing their product offerings, entering new markets, and gaining new consumers.

Regional Analysis:

North America (the United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)

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Significant Features and Key Highlights of the Reports:

– Detailed overview of the Marijuana Market

– Changing market dynamics of the industry

– In-depth market segmentation by Type, Application etc.

– Historical, current and projected market size in terms of volume and value.

– Recent industry trends and developments

– Competitive landscape of the Marijuana Market

– Strategies of key players and product offerings

– Potential and niche segments/regions were exhibiting promising growth.

The report gives answers to the following:

What strategies are followed by key players to fight this Covid-19 situation?
What are the essential matters drivers, opportunities, challenges, and dangers of the market will face surviving?
Which are the leading market players in the Marijuana industry?
What is the global marketplace's predicted compound annual growth rate (CAGR) during the forecast period (2021-2027)?
What could be the anticipated value of the Marijuana marketplace during the forecast period?

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the Marijuana market report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Customization: -

The Global Marijuana Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide up to 20% customization for any of our Market Intelligence Data reports at no additional cost to all of our Users.

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