Global Legal Cannabis Market: Size, Trends & Forecasts (2018-2022) September 2018
Global Legal Cannabis Market: Coverage Executive Summary and Scope Introduction/Market Overview Global Market Analysis Regional Market Analysis Dynamics Competitive Landscape Company Profiling
Global Legal Cannabis Market: Coverage Scope of the Report Attributes Details Title Global Legal Cannabis Market: Size, Trends & Forecasts (2018-2022) Coverage Regional Coverage Market Influencing Variables Global and Regional The US, Canada, International Growth Drivers, Challenges, Market Trends Forecast Period of Market 2018-2022 Competition in the Market Key Players Fragmented mcig, Inc., Canopy Growth Corporation, GW Pharmaceuticals, Arena Pharmaceuticals
Global Legal Cannabis Market Executive Summary Cannabis is a genus of flowering plants which includes three varieties or species: Cannabis sativa, Cannabis indica and Cannabis ruderalis. Cannabis is used for a variety of purposes such as for fiber, for seed and seed oils and for recreational and medical purposes. Cannabis can be consumed by using various methods such as smoking, vaporization or consumed in the form of edibles, cannabis oils and tinctures or as raw cannabis. The cannabis plant contains various active chemicals known as cannabinoids which are found with other active chemicals such as terpenoids and flavonoids. Cannabis is consumed by recreational users for a lot of purposes including pain relief, better sleep, relaxing or for the treatment of anxiety, Alzheimer s disease, multiple sclerosis, glaucoma and depression. The global legal cannabis market has been segmented on the basis of type, chemical derivatives, end-use, product type and medical applications. On the basis of type, the market is segmented into medical and recreational. Chemical derivatives of cannabis includes tetrahydrocannabinol (THC), cannabidiol (CBD) and hybrid. Various end-users of the legal cannabis market are pharmaceutical industry, research and development centers and others. On the basis of product type, the legal cannabis market is segmented into buds, oil and tinctures. Cannabis also has some medical applications and is used in the treatment of various diseases such as chronic pain, arthritis, migraine, cancers and other diseases. The global legal cannabis market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2018-2022). The market is expected to be driven by various growth enhancing factors such as rising investments in the cannabis industry, growth of vaporizer market, growing number of medical cannabis patients, rapid cannabis legalization, rising cannabis consumption etc. However, the market is not free from challenges that are hindering its growth. Some of the major challenges faced by the market are lack of banking and financial services, complex distribution and marketing process and high taxes.
Legal Cannabis Market: Global Analysis Global Legal Cannabis Market by Value CAGRs 2018-2022 xx% 2016 2017 2018 2019 2020 2021 2022 The global legal cannabis market, valued at US$... billion in 2017, increased as compared to US$... billion in 2016. The global legal cannabis market is anticipated to reach up to US$... billion by 2022 from US$... billion in 2018 at a CAGR of...% during the years 2018-2022.
Legal Cannabis Market: Global Analysis Global Legal Cannabis Market by Region; 2017 The US, xx% International, xx% Canada, xx%
Legal Cannabis Market: Regional Analysis Canada Legal Cannabis Market by Value The US Legal Cannabis Market by Value 2018 2019 2020 2021 2022 International Legal Cannabis Market by Value 2018 2019 2020 2021 2022 Region CAGR 2018-2022 Canada xx% The US xx% International xx% 2018 2019 2020 2021 2022
Legal Cannabis Market: Dynamics Growth Driver Rapid Cannabis Legalization Rising Investments in Cannabis Industry Challenges Lack of Banking and Financial Services Complex Distribution and Marketing Process Market Trends Rising Legal Cannabis Spending Technological Advancement
Legal Cannabis Market: Competitive Landscape Players Profiled mcig, Inc. Canopy Growth Corporation GW Pharmaceuticals Arena Pharmaceuticals Note: The graphs on this slide are only for sample representation.