NEW YORK, May 15, 2019 /PRNewswire/ -- Legalized
Cannabis Market: Introduction
Cannabis also known as marijuana, is a psychoactive drug derived
from the Cannabis plant. The main psychoactive part of cannabis is
THC i.e. tetrahydrocannabinol. Cannabis is used for medical or
recreational purposes. Many regions across the world have
illegalized the use of cannabis, however, many of the countries
have legalized either medicinal or recreational, or both the uses
of cannabis. Cannabis can be used by smoking, vaporizing, within
food, or as an extract.
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The proposed market report on the global legalized cannabis market
evaluates the opportunities in the current scenario, and provides
the latest updates and detailed insights corresponding to different
segments involved in the global legalized cannabis market during
the forecast period 2018-2027.
The legalized cannabis market report further indicates the
estimated data for 2018, and forecast data up to 2027 in terms of
value (US$ Mn) and volume (MT). In terms of value, the legalized
cannabis market is anticipated to increase at a CAGR of 17.4%
during the forecast period. The present study exhibits the market
dynamics and trends of the legalized cannabis market in regions
such as North America,
Europe, Latin America, Asia
Pacific, and the Middle
East and Africa.
The report includes the market growth drivers and challenges for
the global legalized cannabis market, and their impact on each
region during the forecast period.The report also comprises the
study of the drivers, restraints, threats, and opportunities for
the legalized cannabis market to provide a substantial view.
It also includes the value chain analysis and opportunity analysis
of the market.
Legalized Cannabis Market: Report Description
The report explores the global legalized cannabis market for the
period 2018-2027.The principal objective of the legalized cannabis
market report is to provide insights into key developments in the
market that are constantly supporting the transformation of global
businesses that are associated with legalized cannabis.
It is very important to consider that, in an ever-wavering economy,
we provide the estimated (Y-o-Y) year-on-year growth rate in
addition to the Compound Annual Growth Rate (CAGR) for the overall
forecast, to better understand the analysis and evaluation of the
global legalized cannabis market, and to discover justifiable
opportunities.
The unique key feature of this report is that, the evaluation of
the global legalized cannabis market and its relative revenue
forecast is carried out in terms of absolute dollar
opportunity.This is usually not considered while forecasting
overall market value.
Absolute dollar opportunity analysis is very crucial in evaluating
the intensity of opportunity that a provider can observe to
execute, as well as to contrast the potential resources from a
sales perspective in the global legalized cannabis market.
The legalized cannabis market report starts with an elaborate
executive summary, the market definition of various segmentations
that are included, and their respective shares in the legalized
cannabis market.The report also provides insights regarding the
major macroeconomic factors that have a significant effect on the
growth of the legalized cannabis market.
The market report further emphasizes the various dynamic factors
that influence the legalized cannabis market, which include the
drivers, restraints, opportunities, and trends in the global
legalized cannabis market.
The report further underlines the study of the present issues with
industrial processing, and opportunities for the legalized cannabis
market.It also includes value chain analysis that provides a
comprehensive view of the overall profitability from the raw
material supplier to the final end user in the legalized cannabis
market.
In order to give users a clear view of the global legalized
cannabis market, we have exhibited a competitive analysis of key
market participants and their strategic developments.The
competitive dashboard presents a detailed comparison of global
manufacturers of legalized cannabis on vital parameters such as
product portfolio, total revenue, key developments, and key
strategies.
The study presents the legalized cannabis market attractiveness
analysis by end use, product type, form, compound and region.
To analyze the overall market size of legalized cannabis, the
report on the legalized cannabis market considers various
preliminary aspects based on secondary research.Furthermore, it
highlights quantitative estimation such as market share by end use,
product type, form, compound, and region, and other qualitative
data from primary respondents, which have been integrated to arrive
at unambiguous and accurate market estimations.
The forecast presented in the legalized cannabis market report
arrives at the total revenue being generated, and the expected
revenue contribution in the future by the global legalized cannabis
market.
Detailed profiles of various companies that manufacture legalized
cannabis are included in the report to evaluate their developmental
strategies, product offerings, and recent developments, as they
have a significant role in the legalized cannabis market. Major
market players covered in the legalized cannabis market report are
Tilray, Inc., Aphria, Inc., The Supreme Cannabis Company, Inc.,
CannTrust Holdings, Inc., Terra Tech Corp., Cronos Group Inc.,
STENOCARE, Cannabis Science Inc., Medical Marijuana Inc., VIVO
Cannabis Inc., OrganiGram Holdings Inc, Wayland Group Corp., Aurora
Cannabis Inc, and Canopy Growth Corporation
Legalized Cannabis Market: Segmentation
The subsequent sections analyze the global legalized cannabis
market on the basis of region, end use, product type, form, and
compound
On the Basis of End Use, the Market for Legalized Cannabis is
Segmented as-
Recreational
Medicinal
On the Basis of Product Type, the Market for Legalized Cannabis is
Segmented as-
Cannabis Herb
Cannabis Resin
On the Basis of Form, the Market for Legalized Cannabis is
Segmented as-
Raw
Processed
On the Basis of Compound, the Market for Legalized Cannabis is
Segmented as-
THC-Dominant
CBD-Dominant
Balanced THC & CBD
On the Basis of Region, the Market for Legalized Cannabis is
Segmented as-
North America
U.S.
Canada
Latin America
Argentina
Mexico
Uruguay
Brazil
Rest of LATAM
Europe
UK
Germany
France
Italty
Netherlands
Spain
Poland
Nordic
Rest of Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
Rest of APAC
Middle East & Africa
GCC Countries
Turkey
North Africa
South Africa
Ghana
Nigeria
Uganda
Rest of Middle East &
Africa
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