Global Legal Cannabis Market is expected to grow at a significant growth rate, and the forecast period is 2022-2028, considering the base year as 2021.
Cannabis also called Marijuana is an herbal drug containing chemicals called cannabinoids which include delta-9-tetrahydrocannabinol (THC) and cannabidiol (CBD). Cannabis is commonly used as a recreational drug and it is widely known for its psychoactive effects caused by cannabinoids in it, they work by binding to specific sites in the brain and on the nerves. There are over 100 cannabinoids in cannabis, but THC and CBD are the most well-studied and recognized. In the entire cannabis plant, cannabinoids are found in the highest levels in the leaves and flowers (Buds).
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Key Companies & Market Share Insights:
Canopy Growth Corporation (Canada),Aphria Inc. (Canada),VIVO marijuana Inc. (Canada),OrganiGram Holding Inc. (Canada),Aurora marijuana Inc. (Canada),The Green Organic Dutchman (Canada),Atlas Growers (Canada),Maricann Group, Inc. (Canada),Tilray Inc. (Canada),Terra Tech Corp. (US),Stenocare A/S (Denmark),HEXO Corp. (Canada),Medical Cannabis Inc. (US),AlephSana GmbH (Germany),Tikun Olam Ltd. (Israel),Cannabis Science Inc. (US) and Other Major Players
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The latest research on the Legal Cannabis Market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Legal Cannabis Market industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Legal Cannabis Market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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Legal Cannabis Market is Segmented as follows:
· Cannabis Insdica
· Cannabis Sativa
· Cannabis Ruderalis
· Hybrid Cannabis
By Product Type
· Buds/Flowers
· Cannabis Extracts
By Sales Channel
· Online Sales
· Offline Sales
By Application
· Medical
· Recreational
· Cosmetics
· Others
By End-User
· Individuals
· Pharmaceuticals
· Food & Beverages
· Wellness & Personal Care
· Others
Legal Cannabis Market Regional Analysis/Insights:
· North America (U.S., Canada, Mexico)
· Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
· Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
· Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
· Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
· South America (Brazil, Argentina, Rest of SA)
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Introspective Market Research is a trusted provider of comprehensive market research studies, catering to businesses worldwide. Our commitment lies in delivering valuable insights and strategic guidance to empower informed decision-making. Through an in-depth examination of the overall industry, our Legal Cannabis Market report ensures greater accuracy and reliability. We establish a robust foundation for our findings by leveraging an extensive range of primary and secondary sources.
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