The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2018-2028)
- Forecast CAGR (2023-2028): 23%
Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/legal-cannabis-market/requestsample
The growing geriatric population that requires treatment for chronic conditions, as well as technological developments in cultivation, are all contributing to the expansion of the legal marijuana market around the world.
Legal Cannabis Industry Definition and Major Segments
Cannabis is a psychotropic substance made from the cannabis flower. In addition to being used medicinally, cannabis is eaten for its calming and relaxing properties. It is made up of marijuana and hemp and is used in industries like food and textiles. Cannabis and cannabis-based goods are legal now.
Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/legal-cannabis-market
The major products derived from legal cannabis are:
- Marijuana
- Industrial Hemp
The market can be broadly categorised on the basis of its application into:
- Marijuana
- Medical
- Migraine
- Arthritis
- Cancer
- Others
- Recreational Use
- Medical
- Industrial Hemp
- Personal Care
- Hemp CBD
- Food
- Consumer Textile
- Others
Based on distribution channel, the market is divided into:
- Regulated Dispensary
- Recreational Stores
- Stand-Alone Retailer
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Legal Cannabis Market Trends
Increased demand for marijuana as a pain reliever in disorders including cancer, AIDS, seizures, and other ailments, as well as an increase in research into the therapeutic properties of marijuana are largely responsible for this market’s sizeable position. But the recreational application category is predicted to increase rapidly over the projection period. This increase is mostly due to the rise in the number of people who use marijuana now that it has been legalised, as well as the rising popularity of marijuana use as an alcohol substitute.
Following North America, Latin America, Europe, and Asia-Pacific each held a sizable portion of the worldwide legal marijuana market. Cannabis production and processing technology, a huge marijuana consumer base, and a shift in attitudes regarding marijuana use for both medical and recreational purposes are all factors that contribute to this region’s rapid growth.
Key Market Players
The major players in the market are Canopy Growth Corporation, Aurora Cannabis Enterprises Inc., Maricann Inc. and among others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports :
United States Dialysis Services Market: https://www.expertmarketresearch.com/reports/united-states-dialysis-services-market
Global Video Laryngoscope Market: https://www.expertmarketresearch.com/reports/video-laryngoscope-market
Global Space Propulsion Systems Market: https://www.expertmarketresearch.com/reports/space-propulsion-systems-market
Global Server Operating System Market: https://www.expertmarketresearch.com/reports/server-operating-system-market
united States Smart Thermostat Market: https://www.expertmarketresearch.com/reports/united-states-smart-thermostat-market
About Us :
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Media Contact :
Company Name: Claight Corporation
Contact Person: Louis Wane, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gloud Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com
