Global Legal Cannabis Market Size study, by Sources (Marijuana and Hemp), by Derivatives (CBD, THC and Others), by End-use (medical use, recreational use and industrial use), and Regional Forecasts 2021-2027, The ‘ Legal Cannabis market’ research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview, Legal Cannabis market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Legal Cannabis market size forecast, market data & Graphs and Statistics, Tables, Bar & Pie Charts, and many more for business intelligence.
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Global Legal Cannabis Market to reach USD XX billion by 2027.Global Legal Cannabis Market is valued approximately at USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027. Cannabis plants have psychoactive properties, each part of the cannabis plant (cannabis sativa, cannabis indica, and cannabis ruderalis) (seed, dried leaves and other parts) are useful and generally used for medicinal and recreational purpose. Increasing demand for medical and recreational cannabis, government permission for production and use of cannabis in several countries and growing use of cannabis in pharmaceuticals is rising the demand in the market. For instance, as of October 2020, cannabis is legal for recreational use in Canada, Uruguay and 12 states in United States and legal for medical use in 36 countries. Furthermore, growing focus of private players towards packaging and advertisements of cannabis product are expected to boost the demand in near future. However, complex regulatory structure for use of cannabis and ban on cannabis in some countries may hamper the market in coming years.
Asia Pacific, North America, Europe, Latin America, and Rest of the World are the key regions considered for regional analysis of legal cannabis market. North America is a significant region across the world in terms of market share due to positive attitude of people toward cannabis and presence of some major market players in the region. Whereas Asia Pacific is anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to the growing opportunities for the production of marijuana and hemp and rising number of users in some major reasons such as China and Japan.
Major market player included in this report are:
Canopy Growth Corp.
GW Pharmaceuticals, plc
Aphria, Inc.
Cronos Group
Tilray
Sundial Growers, Inc.
Insys Therapeutics, Inc.
The Scotts Company LLC
Cara Therapeutics, Inc.
Aurora Cannabis Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Sources:
Marijuana
Hemp
By Derivatives:
CBD
THC
Others
By End-use:
Medical use
Recreational use
Industrial use
Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan
Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam
Impact of COVID-19 on the Global Market
The research report compiled by Report Ocean offers the study of market opportunities and market impact that are created due to the COVID-19 pandemic. The detailed research report is focused upon all direct and indirect impact of COVID-19 with new product launches, pipeline analysis, supply chain overview, government regulations, strategies adopted by related market players and upcoming vaccines and drug status. Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.(*If you have any special requirements, please let us know and we will offer you the report as you want.)
Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis Our team will be able to provide clear answers, identify key opportunities, new investments, and recommend high quality strategy routes in the market. These answers will include a holistic analysis of the:
Existing market infrastructures
Market challenges and opportunities
Potential for growth in certain industries in the coming years
End-consumer target groups and their potential volumes of operation
Best regions and segments to target
Pros and cons of various promotion models
Touch points and an opportunity breakdown within the value chain
Market size and growth rate during forecast period.
Key factors driving the Market.
Key market trends cracking up the growth of the Market.
Challenges to market growth.
Key vendors of Market.
Detailed SWOT analysis.
Opportunities and threats faces by the existing vendors in Global Market.
Trending factors influencing the market in the geographical regions.
Strategic initiatives focusing the leading vendors.
PEST analysis of the market in the five major regions.
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It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
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Key Points Covered in Legal Cannabis Market Report: Study Explore COVID 19 Outbreak Impact Analysis
Chapter 1, to describe Definition, Specifications and Classification of Global Legal Cannabis, Applications of , Market Segment by Regions;
Chapter 2, to analyze the Manufacturing Cost Structure, Raw Material and Suppliers, Manufacturing Process, Industry Chain Structure;
Chapter 3, to display the Technical Data and Manufacturing Plants Analysis of , Capacity and Commercial Production Date, Manufacturing Plants Distribution, Export & Import, R&D Status and Technology Source, Raw Materials Sources Analysis;
Chapter 4, to show the Overall Market Analysis, Capacity Analysis (Company Segment), Sales Analysis (Company Segment), Sales Price Analysis (Company Segment);
Chapter 5 and 6, to show the Regional Market Analysis that includes United States, EU, Japan, China, India & Southeast Asia, Segment Market Analysis (by Type);
Chapter 7 and 8, to explore the Market Analysis by Application Major Manufacturers Analysis;
Chapter 9, Market Trend Analysis, Regional Market Trend, Market Trend by Product Type, Market Trend by Application;
Chapter 10, Regional Marketing Type Analysis, International Trade Type Analysis, Supply Chain Analysis;
Chapter 11, to analyze the Consumers Analysis of Global Legal Cannabis by region, type and application;
Chapter 12, to describe Legal Cannabis Research Findings and Conclusion, Appendix, methodology and data source;
Chapter 13, 14 and 15, to describe Legal Cannabis sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
……..and view more in complete table of Contents
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