Legal Marijuana Market was valued at USD 17.48 billion in 2021, and it is estimated to grow at an impressive CAGR of 28.43% over the forecast period.

Legal Marijuana Market Report Scope and Research Methodology

Maximize Market Research Pvt. Ltd., a leading market research firm based in Pune, India, has released an extensive market research report on the Legal Marijuana Market. The report provides valuable insights into the global Legal Marijuana Market, its current status, and future prospects.

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The report provides essential data analysis for the period from 2017 to 2020, offering a comprehensive overview of market dynamics, drivers, limitations, prospects, and barriers.

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What are Legal Marijuana Market Dynamics?

The Legal Marijuana Market is primarily driven by the legalization of marijuana for both recreational and medical purposes, especially for the treatment of chronic diseases. Changing federal regulations in the U.S. are expected to further boost the market. Research and development efforts, clinical trials, and the commercialization of based treatments are contributing to market growth. As the world's population ages, the demand for medical marijuana is expected to increase. Increased adult marijuana use is also anticipated to drive market expansion.

The potential side effects of marijuana, such as talkativeness, laughter, and tiredness, as well as strict government regulations, pose challenges to market growth. Health concerns associated with both short- and long-term marijuana use are significant obstacles.

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What is Legal Marijuana Market Regional Insight?

North America is the dominant region, with significant growth expected due to the widespread usage of marijuana for medical and recreational purposes.

Europe is expected to witness steady growth in the legal marijuana market.

Asia-Pacific presents lucrative opportunities, with the fastest growth rate during the forecast period.

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What is Legal Marijuana Market Segmentation?

by Compound

• Tetrahydrocannabinol -dominant
• Balanced

by Application

• Medical
• Recreational

by Product Type

• Flowers
• Concentrates
• Other Product Types (capsules, topicals, edibles, and beverages)

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Who are Legal Marijuana Market Key Players?

• Canopy Growth Corporation
• Aurora
• Aphria, Inc.
• Tilray
• ABcann Medicinals, Inc.
• The Cronos Group
• Maricann Group, Inc.
• Organigram Holding, Inc.
• Lexaria Corp.
• GW Pharmaceuticals
• United Corporation
• Tikun Olam, Ltd.
• Organigram Holdings, Inc.
• Cresco Labs
• Indiva
• Hexo Corp.
• Ecofibre Limited
• Curaleaf Holdings
• Harvest Health and Recreation
• Green Thumb Industries
• TerrAscend

Table of content for the Legal Marijuana Market includes:

Global Legal Marijuana Market: Research Methodology
Global Legal Marijuana Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Legal Marijuana Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

Key Offerings:

Past Market Size and Competitive Landscape
Market Size, Share, Size & Forecast by different segment |
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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