The global Legalized Cannabis market was valued at US$ 19910 million in 2020 and is expected to reach US$ 39400 million by the end of 2027, growing at a CAGR of 9.8% during 2021-2027.
Though cannabis is popular across the globe, it is an illegally utilized drug as its use for various purposes is banned by myriad governments worldwide. The product is referred by names such as marijuana and hemp. In fact, hemp is used for psychological disorders as it has non-psychotic effects on the patients. Marijuana is used for medical or therapeutic purpose as well as recreational use.
Global Legalized Cannabis Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Legalized Cannabis Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Dixie Elixirs, Cronos Group, Canopy Growth, Aurora Cannabis, ABcann Medicinals, Aphria, Maricann Group, ABcann Medicinals and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-legalized-cannabis-market-outlook
Segment by Type
- Cannabis Herb
- Cannabis Resin
Segment by Application
- Entertainment Venue
- Medical Institutions
Table of Content:
1 Legalized Cannabis Market Overview
2 Legalized Cannabis Market Competition by Manufacturers
3 Legalized Cannabis Retrospective Market Scenario by Region
4 Global Legalized Cannabis Historic Market Analysis by Type
5 Global Legalized Cannabis Historic Market Analysis by Application
6 Key Companies Profiled
7 Legalized Cannabis Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Legalized Cannabis Market Dynamics
10 Global Legalized Cannabis Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta