Marijuana, also known as cannabis, is a naturally happening psychoactive drug extracted from the cannabis plant. Marijuana may be used for recreational ormedical purposes. For medical purposes, it is used to decrease vomiting and nausea during chemotherapy as well as treat muscle spasms, chronic pain, and others. It is generallyused for treating mental disorders, chronic pain conditions and cancer treatment, migraine, diseases, arthritis, and other medical situations. The indication for the legitimate medical application of cannabinoids or marijuana is limited to few notably nausea or vomiting,indications, chemotherapy, HIV/AIDS cachexia, connected to neuropathic pain,and spasticity in multiple sclerosis. These medical applications are stimulating the growth of legal marijuana market across the world.The main developmentfeatures for the global legal marijuana market containrising intake of medical marijuana for chronic disease treatment and rapid rise in the legalization of marijuana. Furthermore, product development in several end-use industries across the world is further enhancing demand.Nevertheless, the illegality supply of marijuana is shackling the market growth for product development in many end-use industries across the world.
Legal Marijuana Market is projected to grow up to US$ 93 million by 2028 growing at a CAGR of 19.19% during the forecasting period 2023-2028.
Report Scope
The global market report scope consists of a comprehensive study covering primary factors impacting the industry trends. The studyincludes analysis of regional and country-level market dynamics. The scope also consists of competitive overview offering company market shares coupled with company profiles for key revenue contributing companies. The report scope covers a detailed competitive outlook covering market shares and profiles of key participants in the market share.
Major Market Players
The key players of the market are Canopy Growth Corporation, GW Pharmaceuticals, Plc., Aphria, Inc., Aurora Cannabis, Maricann Group, Inc., The Cronos Group, Organigram Holding, Inc., ABcannMedicinals, Inc., The Hydropothecary Corp, and Lexaria Corp.
The Legal Marijuana Market report has been categorized as below
By Type
By Product
By Application
By Region
The years considered for the study are as follows:
Key Questions Addressed by the Report
Why Buy this Report:
Below are our New Reports :-
1. Legal MarijuanaMarket Introduction
1.1. Key Insights
1.2. Report Overview
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Market Research Process
2.3. Research Data Analysis
2.4. Market Size Estimation
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Market Drivers and Restraints
5. By Type
5.1. Key Points
5.2. Medical
5.3. Recreational
6. By Product
6.1. Key Points
6.2. Buds
6.3. Oils
6.4. Tinctures
7. By Applications
7.1. Key Points
7.2. Chronic Pain
7.3. Neurological Disorders
7.4. Cancer
7.5. Others
8. By Region
8.1. Key Points
8.2. North America
8.3. Europe
8.4. Asia Pacific
8.5. Rest of the World
9. Company Profile
(Profile contain company overview, products/services, financials & recent developments)
9.1. Canopy Growth Corporation
9.2. GW Pharmaceuticals, Plc.
9.3. Aphria, Inc.
9.4. Aurora Cannabis
9.5. Maricann Group, Inc.
9.6. The Cronos Group
9.7. Organigram Holding, Inc.
9.8. ABcannMedicinals, Inc.
9.9. The Hydropothecary Corp
9.10. Lexaria Corp
The Legal Marijuana Market report has been categorized as below
By Type
By Product
By Application
By Region
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