Press release
Legal Marijuana Market - Projected at USD 61,927.86 million by 2032 with a Striking 15.9% CAGR | Key Players- Aphria Inc, Maricann Group Inc, Tikun Olam
Legal Marijuana Market
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐:
This comprehensive study provides an accurate overview of the worldwide legal marijuana market. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by products, application, compound, mode of delivery, and region in the study, which offers a comprehensive picture of the state of the market.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ ๐๐๐ข๐ง ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
https://www.polarismarketresearch.com/industry-analysis/legal-marijuana-market/request-for-sample
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
Marijuana is a psychoactive substance derived from the plant native to central and south Asia. It is utilized for medicinal purposes, treatment, and leisure activities. Recreational users like using high- marijuana because it can create a relaxing and sleepy feeling. Marijuana has various medical uses. It is used to treat nausea or vomiting. It helps to regain lost appetite. The anti-inflammatory properties of marijuana make it an effective pain reliever. Individuals frequently utilize it to alleviate nerve pain, multiple sclerosis, or other chronic pain conditions.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ:
โข Several factors are propelling the growth of the sector, including the increased tolerance of marijuana, the finding of additional medical advantages of , more older adults seeking treatment for chronic ailments, and improvements in manufacturing technology.
โข The rise in cancer rates has spurred research into using -based medications for cancer treatment. Due to the increase in instances of these conditions and the recognition of medical as a viable substitute for traditional therapies, the marijuana industry is growing.
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:
With so many businesses involved, the industry is projected to become more competitive as it continues to grow. Here are the top companies in the legal marijuana market:
โข Sativa Inc.
โข Aphria Inc.
โข Maricann Group Inc.
โข Tikun Olam
โข Lexaria Corp
โข Organigram Holding Inc.
โข GW Pharmaceuticals plc.
โข Canopy Growth Corporation
โข United Corporation
โข The Cronos Group
โข Tilray
๐๐๐๐ ๐๐จ๐ซ๐ ๐ ๐จ๐ซ ๐๐จ๐ฎ๐ซ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ข๐ซ๐๐๐ญ๐ฅ๐ฒ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐: https://www.polarismarketresearch.com/buy/473/2
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
According to regional analysis, the North America region led the global market in 2022. It experienced considerable growth due to advanced government regulations and the comparatively well-established support for the therapeutic and adult use of marijuana in the United States.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
Legal Marijuana, Product Outlook (Revenue - USD Million, 2019 - 2032)
โข Buds
โข Oils & Concentrates
โข Tinctures
Legal Marijuana, Application Outlook (Revenue - USD Million, 2019 - 2032)
โข Medical
o Chronic Pain
o Arthritis
o Migraine
o Cancer
o Others
โข Industrial Hemp
โข Recreational
Legal Marijuana, Compound (Revenue - USD Million, 2019 - 2032)
โข Tetrahydrocannabinol ()-Dominant
โข Balanced
Legal Marijuana, Mode of Delivery (Revenue - USD Million, 2019 - 2032)
โข Capsules
โข Concentrates
โข Edibles
โข Others
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐:
https://www.polarismarketresearch.com/industry-analysis/legal-marijuana-market
๐๐๐ ๐๐ฅ ๐๐๐ซ๐ข๐ฃ๐ฎ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข The buds segment accounted for the largest market share over the forecast period. It is due to high consumer demand for buds, their various strains and effects, established market presence, regulatory factors, ease of cultivation, and lower processing costs than other products.
โข In 2022, the Tetrahydrocannabinol-dominant segment held the highest Legal Marijuana Market. is the prime psychoactive drug in , accountable for the euphoric effects commonly related to marijuana use.
โข In 2022, North America dominate the global Legal Marijuana Market. The progressive government regulations and the relaxation of marijuana laws, particularly in the United States, have expanded the regional industry. The legalization of marijuana for both medicinal and adult recreational use in various states has created a thriving market.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ข๐๐-๐ซ๐๐ง๐ ๐ข๐ง๐ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ ๐จ๐ ๐๐๐'๐ฌ ๐๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
Human Immunodeficiency Virus (Hiv) Drugs Market: https://www.polarismarketresearch.com/industry-analysis/global-human-immunodeficiency-virus-hiv-drugs-market
Blood Cancer Drugs Market: https://www.polarismarketresearch.com/industry-analysis/global-blood-cancer-drugs-market
Allergy Diagnostics and Therapeutics Market: https://www.polarismarketresearch.com/industry-analysis/global-allergy-diagnostics-market
Breast Lesion Localization Methods Market: https://www.polarismarketresearch.com/industry-analysis/breast-lesion-localization-methods-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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