Legal Marijuana Industry Expected to Secure Notable Revenue Share during 2021-2031 | QC Infusion, Lexaria Corp, Canopy Growth Corp

The latest research report on the Global Legal Marijuana Industry for the forecast period, 2021-2031 is involved in screening the business environment and the companies operating in the Legal Marijuana industry. Importantly, the research sheds a lot of light on their successful strategies to help stakeholders, business owners, and field marketing executives stay ahead in the competition. Besides, the industry is thoroughly weighed based on the total revenue generated as well as the output/volume produced year after year.  Other aspects including but not limited to the drivers, key opportunities and expected restraints are thoroughly assessed during the research.

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Industry Trends:

The Global Marijuana Market was worth US$ 15.5 billion in 2019 and is expected to grow at a CAGR of 17.8% through 2030. Marijuana is getting legalization in various continents owing to its wide range of applications. Marijuana is widely adopted in pharmaceutical and healthcare industry. Healthcare professional found it an effective drug for the treatment of several chronic conditions, migraine, mental disorders and diseases, arthritis, cancer, and other severe medical conditions.

Industry Analysis and Insights: Legal Marijuana Industry 

Legal Marijuana industry is expected to gain industry growth in the forecast period of 2021 to 2031. insightSLICE analyses the domain is growing at a healthy CAGR in the above-mentioned research forecast period.

Significant market participants have been assessed while conducting research:

Isodiol International Inc, QC Infusion, Lexaria Corp, Canopy Growth Corporation, GW Pharmaceuticals, plc., Aphria, Inc., ABcann Medicinals, Inc., Organigram Holding, Inc., Maricann Group, Inc., The Cronos Group, Dr. Hemp Me., Spring Creek Labs, Cavendish Nutrition Fulfillment LLC, and Tilray.

The Legal Marijuana market is segmented based on type, application and end client. The development among these sections will assist you with breaking down small development portions in the enterprises, and furnish the clients with significant domain outline and domain experiences to assist them in settling on essential choices for distinguishing proof of center with showcasing applications.

Segmentation Overview:

By Product Type:

Medical Marijuana
Recreational Marijuana

By Form:

Tinctures
Oils
Buds

By Application:

Cancer
Mental Disorder
Chronic Pain
Others

Features Major Key Factors in Legal Marijuana Industry Report:

» Business overview describing areas of operation.

» Geographic reach providing details about locations of operation and sales.

» Significant Products and Services A rundown of significant items, administrations, and brands of the organization.

» Key Competitors-A list of key contenders to the organization.

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The study has been conducted on the basis of inputs from the industry leaders. Thus, a conscious effort to dive deep and discover hard to seek information pertaining to the growing domain landscape and growth prospects over the next few years is clearly visible in the study. The domain intelligence report further comprises of discussions about the major vendors operating in the Legal Marijuana space.

The research provides answers to the following key questions:

What will be the size of the Legal Marijuana industry and growth rate for the forecast period 2021-2031?

What are the major driving factors expected to shape the future of the Legal Marijuana industry?

Who are prominent players dominating the Legal Marijuana industry?

What have been their successful strategies so far?

What are the key trends anticipated to influence the development of the industry worldwide?

What are major threats and challenges hindering the growth of the industry across different regions?

What are the opportunities prominent vendors are eyeing to stay competitive in the global industry?

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Contact:

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About Us:

We are a team of research analysts and management consultants who share a common vision to help individuals and organizations achieve their short-term and long-term strategic goals by expanding high-quality research services. insightSLICE was established to support mature companies, start-ups and non-profit organizations in various industries, including packaging, automotive, healthcare, chemicals and materials, industrial automation, consumer products, electronics and semiconductors, IT and telecommunications, and energy. Our internally experienced team of analysts has extensive experience in the research industry.

This release was published on openPR.