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Legal Marijuana Market Expected to reach $ $75.69 Million by 2026 and growing at a CAGR of 21.9% | Industry Growth, Trends, Regional Share, and Key Manufactures Analysis


Legal Marijuana Market Expected to reach $ $75.69 Million by 2026 and growing at a CAGR of 21.9% | Industry Growth, Trends, Regional Share, and Key Manufactures Analysis

iCrowd Newswire - Aug 28, 2019

Global Legal Marijuana Market is accounted for $12.78 billion in 2017 and is expected to reach $75.69 billion by 2026 growing at a CAGR of 21.9% during the forecast period. Some of the key factors influencing the market growth include Growing legalization in various countries and rising adoption of cannabis as a medical product for treating conditions such as Parkinson’s disease, cancer, arthritis, and neurological disorders. 

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However, stringent rules and regulations regarding the product sale and cultivation is restraining the market growth. 

Based on the marijuana type, recreational is defined as any use of marijuana apart from medical purpose. Recreational use can range from it being a psychoactive drug to food ingredient. Few countries like Canada, Uruguay, Colombia, and some states in U.S. have legalized recreational cannabis. By Geography, North America is going to have a lucrative growth during the forecast period owing to the presence of a large customer pool and legalization of medical marijuana in U.S. and Canada. Currently 33 states in U.S. and District of Colombia have legalized cannabis in U.S. making it the largest market in the world.

Some of the key players in global Legal Marijuana market are Cannabis Sativa, Inc., Aphria, Inc., GW Pharmaceuticals, plc., Maricann Group, Inc., United Cannabis Corporation., Canopy Growth Corporation., Tikun Olam, Ltd., Tilray, Aurora Cannabis, Lexaria Corp., The Cronos Group, Organigram Holding, Inc. and ABcann Medicinals, Inc.

Products Covered:
• Oils
• Tinctures
• Buds

Marijuana Types Covered:
• Recreational Marijuana
• Medical Marijuana

Medical Applications Covered:
• Cancer
• Mental Disorders
• Chronic Pain
• Other Medical Applications

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The Regions Covered:

North America: US, Canada, Mexico.

Europe: Germany, UK, Italy, France, Spain, Rest of Europe.

Rest of Asia Pacific: Japan, China, India, Australia, New Zealand, South Korea.

South America: Argentina, Brazil, Chile, Rest of South America.

Middle East & Africa: Saudi Arabia, UAE, Qatar, South Africa, Rest of Middle East & Africa.

What our report offers:

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Major Points of Table and Content

1 Executive Summary

2 Prefaces

3 Market Trend Analyses

4 Porters Five Force Analysis

5 Global Legal Marijuana Market, By Tonnage Type

6 Global Legal Marijuana Market, By Legal Marijuana Type

7 Global Legal Marijuana Market, By Number of Axles

8 Global Legal Marijuana Market, By End User

9 Global Legal Marijuana Market, By Geography

10 Key Developments

11 Companies Profiling

Some Points from List of Tables and Figures:    

1 Global Legal Marijuana Market Outlook, By Region (2016-2026) (US $MN)

2 Global Legal Marijuana Market Outlook, By Treatment (2016-2026) (US $MN)

3 Global Legal Marijuana Market Outlook, By Biologic Therapy (2016-2026) (US $MN)

4 Global Legal Marijuana Market Outlook, By Hormone Therapy (2016-2026) (US $MN)

5 Global Legal Marijuana Market Outlook, By Chemotherapy (2016-2026) (US $MN)

6 Global Legal Marijuana Market Outlook, By Targeted Therapy (2016-2026) (US $MN)

7 Global Legal Marijuana Market Outlook, By Surgery (2016-2026) (US $MN)

8 Global Legal Marijuana Market Outlook, By Radiation Therapy (2016-2026) (US $MN)

9 Global Legal Marijuana Market Outlook, By Other Treatments (2016-2026) (US $MN)

10 Global Legal Marijuana Market Outlook, By Type (2016-2026) (US $MN)

11 Global Legal Marijuana Market Outlook, By Exocrine Pancreas Cancer (2016-2026) (US $MN)

12 Global Legal Marijuana Market Outlook, By Endocrine Pancreas Cancer (2016-2026) (US $MN)

13 Global Legal Marijuana Market Outlook, By End User (2016-2026) (US $MN)

14 Global Legal Marijuana Market Outlook, By Research Institute (2016-2026) (US $MN)

15 Global Legal Marijuana Market Outlook, By Hospitals & Clinics (2016-2026) (US $MN)

16 Global Legal Marijuana Market Outlook, By Other End Users (2016-2026) (US $MN)

17 North America Legal Marijuana Market Outlook, By Country (2016-2026) (US $MN)

18 North America Legal Marijuana Market Outlook, By Treatment (2016-2026) (US $MN)

19 North America Legal Marijuana Market Outlook, By Biologic Therapy (2016-2026) (US $MN)

20 North America Legal Marijuana Market Outlook, By Hormone Therapy (2016-2026) (US $MN) Continue…



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Keywords:    Legal Marijuana market, Legal Marijuana indsutry, Legal Marijuana market share, Legal Marijuana growth, Legal Marijuana trends, Legal Marijuana demand

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