Press release
Legal Marijuana Market overview by recent opportunities, growth size, regional analysis and forecasts to 2031
Global Legal Marijuana report from Global Insight Services is the single authoritative source of intelligence on Legal Marijuana market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.Read more about Legal Marijuana market here: https://www.globalinsightservices.com/reports/legal-marijuana-market/
Since the early 1900s, marijuana has been regulated as a drug in the United States, with laws prohibiting its use, sale, and cultivation. In recent years, however, a number of states have legalized marijuana for medical or recreational use. This change in policy has led to a new industry of legal marijuana businesses, which are developing innovative technologies to support the cultivation, sale, and use of marijuana.
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Market Segments
By Product Type
Flower
Oil and Tinctures
By Application
Medical
Chronic Pain
Cancer
Depression and Anxiety
Arthritis
Diabetes
Glaucoma
Migraines
Epilepsy
Multiple Sclerosis
AIDS
Amyotrophic Lateral Sclerosis
Alzheimer's
Post-traumatic Stress Disorder (PTSD)
Key Players
Canopy Growth Corporation
Aurora
Aphria Inc.
Tilray
Green Organic Dutchman Holdings Ltd.
The Cronos Group
MedReleaf Corp.
Hydropothecary
Maricann Group Inc.
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Key Trends
The legal marijuana market is growing rapidly as more and more states legalize the use of marijuana for medicinal and recreational purposes. The market is expected to continue to grow in the coming years as more states legalize marijuana and as the stigma surrounding marijuana use continues to dissipate.
Some of the key trends in the legal marijuana market include:
1. Increased demand for high-quality marijuana: As the legal marijuana market grows, there is an increasing demand for high-quality marijuana. This is especially true for medical marijuana patients who need a consistent and potent product.
2. More sophisticated cultivation methods: As the demand for high-quality marijuana increases, growers are using more sophisticated cultivation methods to produce better yields. This includes using hydroponic systems and LED lighting.
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