Legal Marijuana Market to Rise at an Impressive 17.8% CAGR By 2027

Marijuana or cannabis has been utilized as a medicine in several cultures for many of years. There is now mounting reception of the plant as a legitimate selection for patients who suffer from medical issues such as seizures or chronic pain. It is widely employed for treatment of mental disorders and diseases, migraine, chronic pain conditions, arthritis, cancer treatment, and other medical circumstances.

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The wide application portfolio of Legal Marijuana market is one of factors driving the growth of market worldwide. The global market is moderately competitive with a blend of global and regional players. The key players invest significantly in R and D to enhance their offerings. The entire ecosystem is composed of multiple major leaders. Every participant of the ecosystem is an equal contributor to the growth of global market.

Qualitative Analysis

The report includes a thorough qualitative analysis of the global market. Factors impacting the short term and medium term growth of the Legal Marijuana Market are explained in detail. The author of report has also identified future opportunity for the active market players and new entrants. The report is inclusive of PESTEL analysis for 5 prominent countries. Supply chain has been described along with the role of every participant. The supply demand scenario provided in the report mentions about the existing gap, if any. The primary interviews conducted with suppliers and the buyers helped in validating the balance of these market. Market trends highlights the prevalent situation in terms of innovative technology and the buyer’s preference for a particular product category.

Market Sizing and Forecast

There has been a thoughtful approach for estimating the market size and forecast. The primary and secondary research conducted from both, supply and demand side has resulted in high accuracy of data. Logical explanation for the year over year and compound average growth makes it easy for the reader to know the largest revenue generating source and the future potential. The research methodology is a blend of secondary and primary research with more emphasis on the latter. Country level trends were tracked to implement bottom-up method of market size estimation.

Competitive Intelligence

The report provides an understanding of the market composition and explains the role of established players and the regional contributors. It is essential for the market players to make calculative moves and focus on client acquisition and retention. The detailed company profiles will provide the necessary intelligence to the reader. In order to maintain their share, the market players are focusing on strategies such as cross border expansion, product differentiation and so on.

COVID-19 Impact Analysis

The global Legal Marijuana Market report offers COVID-19 impact analysis in order to overcome from the effects of pandemic. COVID-19 is an unprecedented emergency for public health which affects almost all industries especially auto parts and equipment, leisure facilities, airlines, oil & gas drilling, food industries. Although some have stronger defenses, others are going to struggle to return to a standard that is continually redefined — and reshaped. Covid-19 has more or less effect on almost every industry, affecting steep inroads into the global economy. Most of the leading countries and emerging economies are forced into lockdown in order to control the coronavirus outbreak. That has led to disruption in the industry’s supply chain. Also, fluctuating supply of raw materials has become restraining factor for the key manufacturers and hampered overall production.

However, there are certain industries most likely to benefit even in these critical situations such as healthcare, banking, financial services and insurance, education, E-retail, and information & technology (IT). The COVID-19 contagion has provided fertile ground for the key players operating in these industries which are expected to create potential growth opportunities for these markets post-COVID-19 world.

Market Segmentation

For a better understanding of these global markets, analysts have segmented the market.

By Marijuana Type

By Product Type

By Application

• Mental Disorders

• Chronic Pain

• Cancer

• Others

Regional Segmentation:

The global version of this report with a geographical classification such as North America, Europe, Asia Pacific, and Rest of the World. These key regions focus on the consumption of these market. The creators of the report have studied the region’s growth potential to assist organizations in arranging their future investments. They also study the regulatory reforms and norms that are expected to impact the global market.

Company Profiles

Almost all major players of the global Legal Marijuana Market is profiled in this report. The creators of the report have provided information about their recent developments in these market, products, revenue, production, business, and company.

Some of the significant players in the Legal Marijuana Market include:

• Aurora Cannabis

• GW Pharmaceuticals, plc.

• Organigram Holding, Inc.

• Canopy Growth Corporation

• Maricann Group, Inc.

• Aphria, Inc.

• Maricann Group, Inc.

• The Cronos Group

• Tilray

• ABcannMedicinals, Inc.

• Lexaria Corp.

This report provides:

• An overview of these global market and related technologies.

• Identifications of new market opportunities and targeted promotional plans for Legal Marijuana Market.

• Comprehensive company profiles of major players in the industry.

• Discussion of research and development, and the demand for new products and new applications.

• Analyses of global market trends, with data from 2016, estimates for 2016 and 2027, and projections of compound annual growth rates (CAGRs) through 2027.

Why should you invest in this report?

If you are aiming to enter the global Legal Marijuana Market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for Legal Marijuana are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2020-2027, so that you can plan your strategies to enter this market accordingly. Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Legal Marijuana Market, By Product

7.1. Legal Marijuana Market, by Product Type, 2020-2027
7.1.1. Oils
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Buds
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Tinctures
7.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Legal Marijuana Market, By Application

8.1. Legal Marijuana Market, by Application, 2020-2027
8.1.1. Mental Disorders
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Chronic Pain
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Cancer
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Others
8.1.4.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Legal Marijuana Market, By Marijuana

9.1. Legal Marijuana Market, by Marijuana, 2020-2027
9.1.1. Medical
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Adult Use
9.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global Legal Marijuana Market, Regional Estimates and Trend Forecast

10.1. North America
10.1.1. Market Revenue and Forecast, by Product (2016-2027)
10.1.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.3. Market Revenue and Forecast, by Marijuana (2016-2027)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.1.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.4.3. Market Revenue and Forecast, by Marijuana (2016-2027)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.1.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.5.3. Market Revenue and Forecast, by Marijuana (2016-2027)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Product (2016-2027)
10.2.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.3. Market Revenue and Forecast, by Marijuana (2016-2027)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.2.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.4.3. Market Revenue and Forecast, by Marijuana (2016-2027)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.2.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.5.3. Market Revenue and Forecast, by Marijuana (2016-2027)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Product (2016-2027)
10.2.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.6.3. Market Revenue and Forecast, by Marijuana (2016-2027)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Product (2016-2027)
10.2.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.7.3. Market Revenue and Forecast, by Marijuana (2016-2027)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Product (2016-2027)
10.3.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.3. Market Revenue and Forecast, by Marijuana (2016-2027)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.3.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.4.3. Market Revenue and Forecast, by Marijuana (2016-2027)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.3.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.5.3. Market Revenue and Forecast, by Marijuana (2016-2027)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Product (2016-2027)
10.3.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.6.3. Market Revenue and Forecast, by Marijuana (2016-2027)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Product (2016-2027)
10.3.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.7.3. Market Revenue and Forecast, by Marijuana (2016-2027)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.3. Market Revenue and Forecast, by Marijuana (2016-2027)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.4.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.4.3. Market Revenue and Forecast, by Marijuana (2016-2027)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.4.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.5.3. Market Revenue and Forecast, by Marijuana (2016-2027)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Product (2016-2027)
10.4.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.6.3. Market Revenue and Forecast, by Marijuana (2016-2027)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Product (2016-2027)
10.4.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.7.3. Market Revenue and Forecast, by Marijuana (2016-2027)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.3. Market Revenue and Forecast, by Marijuana (2016-2027)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.5.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.4.3. Market Revenue and Forecast, by Marijuana (2016-2027)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.5.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.5.3. Market Revenue and Forecast, by Marijuana (2016-2027)

Chapter 11. Company Profiles

11.1. Aurora Cannabis
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. GW Pharmaceuticals, plc.
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Organigram Holding, Inc.
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Canopy Growth Corporation
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Maricann Group, Inc.
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Aphria, Inc.
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Maricann Group, Inc.
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. The Cronos Group
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Tilray
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. ABcannMedicinals, Inc.
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
11.11. Lexaria Corp.
11.11.1. Company Overview
11.11.2. Product Offerings
11.11.3. Financial Performance
11.11.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions

Chapter 13. Appendix

13.1. About Us
13.2. Glossary of Terms

The Final Report will cover the impact analysis of COVID-19

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