Legalized Cannabis Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032

  • Report ID: ME_00127372
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Market Snapshot

CAGR:7.58
2023
2032

Source: Market Expertz

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Study Period 2019-2032
Base Year 2023
Forcast Year 2023-2032
CAGR 7.58
Information & Technology-companies
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Report Overview

The Legalized Cannabis Market is poised for substantial growth, projected to achieve a CAGR of 6.82% between 2022 and 2032. The market size is anticipated to expand by USD 36,459.12 million. This growth is driven by factors including the increasing acceptance of cannabis for medical and recreational purposes, evolving legalization trends worldwide, and the diverse applications of cannabis in various industries. Legalized cannabis refers to the regulated cultivation, distribution, and consumption of cannabis for various purposes in regions where it has been legalized.

Legalized Cannabis Market Overview:

Drivers:

The growing recognition of the medical benefits of cannabis is a key driver of the Legalized Cannabis Market. As scientific research continues to uncover the potential therapeutic uses of cannabis compounds, there is a rising demand for medical cannabis products to treat conditions such as chronic pain, epilepsy, and multiple sclerosis. This acceptance of cannabis as a legitimate medical option is contributing to market expansion.

Furthermore, the expanding legalization of cannabis for recreational use in several regions is generating significant market growth. Governments are recognizing the economic potential of legalizing and regulating cannabis sales, which is driving the growth of the recreational segment of the legalized cannabis market.

Trends:

The integration of cannabis into various industries beyond traditional recreational and medicinal use is a prominent trend in the Legalized Cannabis Market. The industrial use of cannabis, particularly hemp, is gaining traction. Hemp-derived products are utilized in industries such as textiles, construction, biofuels, and cosmetics due to their sustainability and versatility. This trend not only diversifies the applications of cannabis but also broadens the market's reach.

Moreover, advancements in cannabis cultivation techniques and breeding are contributing to the development of strains with specific cannabinoid profiles. This trend allows for the creation of cannabis products tailored to consumers' desired effects and medicinal needs, driving innovation in the market.

Restraints:

Stringent regulatory frameworks and legal complexities associated with cannabis use pose challenges to the Legalized Cannabis Market. Despite legalization in some regions, disparities in regulations across jurisdictions create uncertainties for businesses and consumers alike. This fragmented legal landscape can impede market growth and investment.

Additionally, concerns regarding the abuse and misuse of cannabis, particularly in the recreational context, could impact market growth. Policymakers and stakeholders must balance the economic benefits of legalization with potential public health and social implications.

Legalized Cannabis Market Segmentation By Application:

Medicinal use of cannabis remains a significant growth driver in the Legalized Cannabis Market. Cannabis-based medicines and treatments are gaining acceptance for various medical conditions, leading to increased demand for standardized and regulated medical cannabis products.

Recreational use of cannabis is also contributing to market growth, especially in regions where recreational cannabis consumption has been legalized. The availability of a wide range of cannabis products for recreational users, including edibles and concentrates, is driving market expansion.

Industrial use of hemp-derived products is emerging as a promising application area. Hemp fibers, seeds, and extracts are utilized in industries such as textiles, construction, and manufacturing, diversifying the cannabis market's applications.

Legalized Cannabis Market Segmentation By Type:

Both marijuana and hemp segments contribute to the growth of the Legalized Cannabis Market. Marijuana is commonly associated with recreational and medicinal use due to its psychoactive properties. The medical and recreational marijuana markets are experiencing significant growth as more regions legalize cannabis for these purposes.

Hemp, on the other hand, is gaining attention for its industrial applications. Hemp fibers, seeds, and extracts are used in a variety of industries due to their sustainability, versatility, and low levels of psychoactive compounds.

Regional Overview:


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North America is expected to dominate the Legalized Cannabis Market, driven by the extensive legalization of cannabis for both medicinal and recreational use in countries such as the United States and Canada. The region's evolving legal framework and growing consumer acceptance contribute to its market leadership.

Furthermore, Europe is experiencing rapid growth in the legalized cannabis market as more countries legalize medical cannabis and explore potential regulatory changes for recreational use. This trend is creating opportunities for market expansion across the continent.

Legalized Cannabis Market Customer Landscape:

The market report covers the customer adoption lifecycle, from early adopters to laggards, offering insights into adoption rates across different regions based on penetration levels. It also delves into key factors influencing purchase decisions, including product quality, safety, and pricing, aiding companies in shaping effective marketing strategies.

Major Legalized Cannabis Market Companies:

Companies in the Legalized Cannabis Market are adopting diverse strategies such as partnerships, acquisitions, product innovation, and geographic expansion to establish their presence in the market.

  • GreenLeaf Corporation
  • Cannabliss Industries
  • MedCanna
  • Hemp Innovators Group
  • BloomBotanicals
  • CannabisCraft
  • EarthlyElixirs
  • HarmonyHealing
  • Nature'sNectar
  • SeedtoSale Solutions

These companies are at the forefront of delivering high-quality cannabis products and services in compliance with evolving legal standards.

Segment Overview:

The legalized cannabis market report forecasts revenue growth globally, regionally, and by country from 2019 to 2032.

  • Application Outlook (USD Million, 2019 - 2032)
    • Medicinal Use
    • Recreational Use
    • Industrial Use
  • Type Outlook (USD Million, 2019 - 2032)
    • Marijuana
    • Hemp
  • Geography Outlook (USD Million, 2019 - 2032)
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • Asia Pacific
      • Australia
    • Latin America
      • Brazil
    • Middle East & Africa
      • South Africa

Key Benefits for Stakeholders

  • Comprehensive Market Analysis- The study meticulously segments the market based on both economic and non-economic criteria, conducting both qualitative and quantitative analyses. This rigorous approach offers a deep understanding of various market segments and sub-segments.
  • Accurate Market Valuation- Precise market values in USD Billion are furnished for each segment and sub-segment, facilitating stakeholders in making precise assessments of market opportunities.
  • Identification of Growth Prospects- The report pinpoints regions and market segments poised for rapid expansion, as well as those with substantial market share potential. This assists stakeholders in making well-informed strategic decisions.
  • Insightful Regional Analysis- The research explores regional factors influencing the market and scrutinizes product or service utilization in diverse geographical areas, enhancing comprehension of regional dynamics.
  • Comprehensive Competitive Insight- The report encompasses critical data, including market share of leading players, recent service/product launches, collaborations, expansions, and acquisitions made by profiled companies in the last five years. This provides a holistic view of the competitive landscape.
  • Detailed Company Profiles- In-depth profiles of key market participants encompass company overviews, business insights, product benchmarking, and SWOT analyses. This equips stakeholders with the means to evaluate the strengths and weaknesses of these entities.
  • Future Market Outlook- The research furnishes an industry perspective on the present and future based on recent developments, enabling stakeholders to anticipate market trends and forthcoming changes.
  • Thorough Market Examination- Porter’s five forces analysis is employed in the study to provide a comprehensive examination of the market from multiple angles, including competitive forces and market dynamics.
  • Value Chain Insights- The research leverages the Value Chain concept to elucidate the market, offering insights into how products or services traverse the market ecosystem.
  • Market Dynamics and Growth Prospects- The study presents current market dynamics and growth prospects for the foreseeable future, empowering stakeholders with invaluable information for strategic decision-making.
Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Regulatory Scenario by Region/Country
1.4 Market Investment Scenario Strategic
1.5 Market Analysis by Type
1.5.1 Global Legalized Cannabis Market Share by Type (2020-2026)
1.5.2 Buds / Cannabis Flower
1.5.3 Cannabis Extracts
1.6 Market by Application
1.6.1 Global Legalized Cannabis Market Share by Application (2020-2026)
1.6.2 Medical
1.6.3 Recreational
1.6.4 Cosmetics
1.6.5 Others
1.7 Legalized Cannabis Industry Development Trends under COVID-19 Outbreak
1.7.1 Global COVID-19 Status Overview
1.7.2 Influence of COVID-19 Outbreak on Legalized Cannabis Industry Development

2. Global Market Growth Trends
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 Porter's Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis
2.3 Industry News and Policies by Regions
2.3.1 Industry News
2.3.2 Industry Policies
2.4 Industry Trends Under COVID-19

3 Value Chain of Legalized Cannabis Market
3.1 Value Chain Status
3.2 Legalized Cannabis Manufacturing Cost Structure Analysis
3.2.1 Production Process Analysis
3.2.2 Manufacturing Cost Structure of Legalized Cannabis
3.2.3 Labor Cost of Legalized Cannabis
3.2.3.1 Labor Cost of Legalized Cannabis Under COVID-19
3.3 Sales and Marketing Model Analysis
3.4 Downstream Major Customer Analysis (by Region)
3.5 Value Chain Status Under COVID-19

4 Players Profiles
4.1 Terra Tech Corp
4.1.1 Terra Tech Corp Basic Information
4.1.2 Legalized Cannabis Product Profiles, Application and Specification
4.1.3 Terra Tech Corp Legalized Cannabis Market Performance (2015-2020)
4.1.4 Terra Tech Corp Business Overview
4.2 Canopy Growth Corporation
4.2.1 Canopy Growth Corporation Basic Information
4.2.2 Legalized Cannabis Product Profiles, Application and Specification
4.2.3 Canopy Growth Corporation Legalized Cannabis Market Performance (2015-2020)
4.2.4 Canopy Growth Corporation Business Overview
4.3 Aurora Cannabis Inc
4.3.1 Aurora Cannabis Inc Basic Information
4.3.2 Legalized Cannabis Product Profiles, Application and Specification
4.3.3 Aurora Cannabis Inc Legalized Cannabis Market Performance (2015-2020)
4.3.4 Aurora Cannabis Inc Business Overview
4.4 Tikun Olam Ltd.
4.4.1 Tikun Olam Ltd. Basic Information
4.4.2 Legalized Cannabis Product Profiles, Application and Specification
4.4.3 Tikun Olam Ltd. Legalized Cannabis Market Performance (2015-2020)
4.4.4 Tikun Olam Ltd. Business Overview
4.5 Medical Marijuana, Inc
4.5.1 Medical Marijuana, Inc Basic Information
4.5.2 Legalized Cannabis Product Profiles, Application and Specification
4.5.3 Medical Marijuana, Inc Legalized Cannabis Market Performance (2015-2020)
4.5.4 Medical Marijuana, Inc Business Overview
4.6 Maricann Group, Inc
4.6.1 Maricann Group, Inc Basic Information
4.6.2 Legalized Cannabis Product Profiles, Application and Specification
4.6.3 Maricann Group, Inc Legalized Cannabis Market Performance (2015-2020)
4.6.4 Maricann Group, Inc Business Overview
4.7 Stenocare A/S
4.7.1 Stenocare A/S Basic Information
4.7.2 Legalized Cannabis Product Profiles, Application and Specification
4.7.3 Stenocare A/S Legalized Cannabis Market Performance (2015-2020)
4.7.4 Stenocare A/S Business Overview
4.8 Cannabis Science, Inc
4.8.1 Cannabis Science, Inc Basic Information
4.8.2 Legalized Cannabis Product Profiles, Application and Specification
4.8.3 Cannabis Science, Inc Legalized Cannabis Market Performance (2015-2020)
4.8.4 Cannabis Science, Inc Business Overview
4.9 Tilray, Inc.
4.9.1 Tilray, Inc. Basic Information
4.9.2 Legalized Cannabis Product Profiles, Application and Specification
4.9.3 Tilray, Inc. Legalized Cannabis Market Performance (2015-2020)
4.9.4 Tilray, Inc. Business Overview
4.10 Aphria, Inc.
4.10.1 Aphria, Inc. Basic Information
4.10.2 Legalized Cannabis Product Profiles, Application and Specification
4.10.3 Aphria, Inc. Legalized Cannabis Market Performance (2015-2020)
4.10.4 Aphria, Inc. Business Overview
4.11 The Green Organic Dutchman Holdings Ltd
4.11.1 The Green Organic Dutchman Holdings Ltd Basic Information
4.11.2 Legalized Cannabis Product Profiles, Application and Specification
4.11.3 The Green Organic Dutchman Holdings Ltd Legalized Cannabis Market Performance (2015-2020)
4.11.4 The Green Organic Dutchman Holdings Ltd Business Overview
4.12 HEXO Corp
4.12.1 HEXO Corp Basic Information
4.12.2 Legalized Cannabis Product Profiles, Application and Specification
4.12.3 HEXO Corp Legalized Cannabis Market Performance (2015-2020)
4.12.4 HEXO Corp Business Overview
4.13 VIVO Cannabis Inc
4.13.1 VIVO Cannabis Inc Basic Information
4.13.2 Legalized Cannabis Product Profiles, Application and Specification
4.13.3 VIVO Cannabis Inc Legalized Cannabis Market Performance (2015-2020)
4.13.4 VIVO Cannabis Inc Business Overview
4.14 CV Sciences
4.14.1 CV Sciences Basic Information
4.14.2 Legalized Cannabis Product Profiles, Application and Specification
4.14.3 CV Sciences Legalized Cannabis Market Performance (2015-2020)
4.14.4 CV Sciences Business Overview
4.15 OrganiGram Holding Inc
4.15.1 OrganiGram Holding Inc Basic Information
4.15.2 Legalized Cannabis Product Profiles, Application and Specification
4.15.3 OrganiGram Holding Inc Legalized Cannabis Market Performance (2015-2020)
4.15.4 OrganiGram Holding Inc Business Overview
4.16 Cronos Group Inc.
4.16.1 Cronos Group Inc. Basic Information
4.16.2 Legalized Cannabis Product Profiles, Application and Specification
4.16.3 Cronos Group Inc. Legalized Cannabis Market Performance (2015-2020)
4.16.4 Cronos Group Inc. Business Overview

5 Global Legalized Cannabis Market Analysis by Regions
5.1 Global Legalized Cannabis Sales, Revenue and Market Share by Regions
5.1.1 Global Legalized Cannabis Sales by Regions (2015-2020)
5.1.2 Global Legalized Cannabis Revenue by Regions (2015-2020)
5.2 North America Legalized Cannabis Sales and Growth Rate (2015-2020)
5.3 Europe Legalized Cannabis Sales and Growth Rate (2015-2020)
5.4 Asia-Pacific Legalized Cannabis Sales and Growth Rate (2015-2020)
5.5 Middle East and Africa Legalized Cannabis Sales and Growth Rate (2015-2020)
5.6 South America Legalized Cannabis Sales and Growth Rate (2015-2020)

6 North America Legalized Cannabis Market Analysis by Countries
6.1 North America Legalized Cannabis Sales, Revenue and Market Share by Countries
6.1.1 North America Legalized Cannabis Sales by Countries (2015-2020)
6.1.2 North America Legalized Cannabis Revenue by Countries (2015-2020)
6.1.3 North America Legalized Cannabis Market Under COVID-19
6.2 United States Legalized Cannabis Sales and Growth Rate (2015-2020)
6.2.1 United States Legalized Cannabis Market Under COVID-19
6.3 Canada Legalized Cannabis Sales and Growth Rate (2015-2020)
6.4 Mexico Legalized Cannabis Sales and Growth Rate (2015-2020)

7 Europe Legalized Cannabis Market Analysis by Countries
7.1 Europe Legalized Cannabis Sales, Revenue and Market Share by Countries
7.1.1 Europe Legalized Cannabis Sales by Countries (2015-2020)
7.1.2 Europe Legalized Cannabis Revenue by Countries (2015-2020)
7.1.3 Europe Legalized Cannabis Market Under COVID-19
7.2 Germany Legalized Cannabis Sales and Growth Rate (2015-2020)
7.2.1 Germany Legalized Cannabis Market Under COVID-19
7.3 UK Legalized Cannabis Sales and Growth Rate (2015-2020)
7.3.1 UK Legalized Cannabis Market Under COVID-19
7.4 France Legalized Cannabis Sales and Growth Rate (2015-2020)
7.4.1 France Legalized Cannabis Market Under COVID-19
7.5 Italy Legalized Cannabis Sales and Growth Rate (2015-2020)
7.5.1 Italy Legalized Cannabis Market Under COVID-19
7.6 Spain Legalized Cannabis Sales and Growth Rate (2015-2020)
7.6.1 Spain Legalized Cannabis Market Under COVID-19
7.7 Russia Legalized Cannabis Sales and Growth Rate (2015-2020)
7.7.1 Russia Legalized Cannabis Market Under COVID-19

8 Asia-Pacific Legalized Cannabis Market Analysis by Countries
8.1 Asia-Pacific Legalized Cannabis Sales, Revenue and Market Share by Countries
8.1.1 Asia-Pacific Legalized Cannabis Sales by Countries (2015-2020)
8.1.2 Asia-Pacific Legalized Cannabis Revenue by Countries (2015-2020)
8.1.3 Asia-Pacific Legalized Cannabis Market Under COVID-19
8.2 China Legalized Cannabis Sales and Growth Rate (2015-2020)
8.2.1 China Legalized Cannabis Market Under COVID-19
8.3 Japan Legalized Cannabis Sales and Growth Rate (2015-2020)
8.3.1 Japan Legalized Cannabis Market Under COVID-19
8.4 South Korea Legalized Cannabis Sales and Growth Rate (2015-2020)
8.4.1 South Korea Legalized Cannabis Market Under COVID-19
8.5 Australia Legalized Cannabis Sales and Growth Rate (2015-2020)
8.6 India Legalized Cannabis Sales and Growth Rate (2015-2020)
8.6.1 India Legalized Cannabis Market Under COVID-19
8.7 Southeast Asia Legalized Cannabis Sales and Growth Rate (2015-2020)
8.7.1 Southeast Asia Legalized Cannabis Market Under COVID-19

9 Middle East and Africa Legalized Cannabis Market Analysis by Countries
9.1 Middle East and Africa Legalized Cannabis Sales, Revenue and Market Share by Countries
9.1.1 Middle East and Africa Legalized Cannabis Sales by Countries (2015-2020)
9.1.2 Middle East and Africa Legalized Cannabis Revenue by Countries (2015-2020)
9.1.3 Middle East and Africa Legalized Cannabis Market Under COVID-19
9.2 Saudi Arabia Legalized Cannabis Sales and Growth Rate (2015-2020)
9.3 UAE Legalized Cannabis Sales and Growth Rate (2015-2020)
9.4 Egypt Legalized Cannabis Sales and Growth Rate (2015-2020)
9.5 Nigeria Legalized Cannabis Sales and Growth Rate (2015-2020)
9.6 South Africa Legalized Cannabis Sales and Growth Rate (2015-2020)

10 South America Legalized Cannabis Market Analysis by Countries
10.1 South America Legalized Cannabis Sales, Revenue and Market Share by Countries
10.1.1 South America Legalized Cannabis Sales by Countries (2015-2020)
10.1.2 South America Legalized Cannabis Revenue by Countries (2015-2020)
10.1.3 South America Legalized Cannabis Market Under COVID-19
10.2 Brazil Legalized Cannabis Sales and Growth Rate (2015-2020)
10.2.1 Brazil Legalized Cannabis Market Under COVID-19
10.3 Argentina Legalized Cannabis Sales and Growth Rate (2015-2020)
10.4 Columbia Legalized Cannabis Sales and Growth Rate (2015-2020)
10.5 Chile Legalized Cannabis Sales and Growth Rate (2015-2020)

11 Global Legalized Cannabis Market Segment by Types
11.1 Global Legalized Cannabis Sales, Revenue and Market Share by Types (2015-2020)
11.1.1 Global Legalized Cannabis Sales and Market Share by Types (2015-2020)
11.1.2 Global Legalized Cannabis Revenue and Market Share by Types (2015-2020)
11.2 Buds / Cannabis Flower Sales and Price (2015-2020)
11.3 Cannabis Extracts Sales and Price (2015-2020)

12 Global Legalized Cannabis Market Segment by Applications
12.1 Global Legalized Cannabis Sales, Revenue and Market Share by Applications (2015-2020)
12.1.1 Global Legalized Cannabis Sales and Market Share by Applications (2015-2020)
12.1.2 Global Legalized Cannabis Revenue and Market Share by Applications (2015-2020)
12.2 Medical Sales, Revenue and Growth Rate (2015-2020)
12.3 Recreational Sales, Revenue and Growth Rate (2015-2020)
12.4 Cosmetics Sales, Revenue and Growth Rate (2015-2020)
12.5 Others Sales, Revenue and Growth Rate (2015-2020)

13 Legalized Cannabis Market Forecast by Regions (2020-2026)
13.1 Global Legalized Cannabis Sales, Revenue and Growth Rate (2020-2026)
13.2 Legalized Cannabis Market Forecast by Regions (2020-2026)
13.2.1 North America Legalized Cannabis Market Forecast (2020-2026)
13.2.2 Europe Legalized Cannabis Market Forecast (2020-2026)
13.2.3 Asia-Pacific Legalized Cannabis Market Forecast (2020-2026)
13.2.4 Middle East and Africa Legalized Cannabis Market Forecast (2020-2026)
13.2.5 South America Legalized Cannabis Market Forecast (2020-2026)
13.3 Legalized Cannabis Market Forecast by Types (2020-2026)
13.4 Legalized Cannabis Market Forecast by Applications (2020-2026)
13.5 Legalized Cannabis Market Forecast Under COVID-19

14 Appendix
14.1 Methodology
14.2 Research Data Source



List of Tables and Figures
Table Global Legalized Cannabis Market Size Growth Rate by Type (2020-2026)
Figure Global Legalized Cannabis Market Share by Type in 2019 & 2026
Figure Buds / Cannabis Flower Features
Figure Cannabis Extracts Features
Table Global Legalized Cannabis Market Size Growth by Application (2020-2026)
Figure Global Legalized Cannabis Market Share by Application in 2019 & 2026
Figure Medical Description
Figure Recreational Description
Figure Cosmetics Description
Figure Others Description
Figure Global COVID-19 Status Overview
Table Influence of COVID-19 Outbreak on Legalized Cannabis Industry Development
Table SWOT Analysis
Figure Porter's Five Forces Analysis
Figure Global Legalized Cannabis Market Size and Growth Rate 2015-2026
Table Industry News
Table Industry Policies
Figure Value Chain Status of Legalized Cannabis
Figure Production Process of Legalized Cannabis
Figure Manufacturing Cost Structure of Legalized Cannabis
Figure Major Company Analysis (by Business Distribution Base, by Product Type)
Table Downstream Major Customer Analysis (by Region)
Table Terra Tech Corp Profile
Table Terra Tech Corp Production, Value, Price, Gross Margin 2015-2020
Table Canopy Growth Corporation Profile
Table Canopy Growth Corporation Production, Value, Price, Gross Margin 2015-2020
Table Aurora Cannabis Inc Profile
Table Aurora Cannabis Inc Production, Value, Price, Gross Margin 2015-2020
Table Tikun Olam Ltd. Profile
Table Tikun Olam Ltd. Production, Value, Price, Gross Margin 2015-2020
Table Medical Marijuana, Inc Profile
Table Medical Marijuana, Inc Production, Value, Price, Gross Margin 2015-2020
Table Maricann Group, Inc Profile
Table Maricann Group, Inc Production, Value, Price, Gross Margin 2015-2020
Table Stenocare A/S Profile
Table Stenocare A/S Production, Value, Price, Gross Margin 2015-2020
Table Cannabis Science, Inc Profile
Table Cannabis Science, Inc Production, Value, Price, Gross Margin 2015-2020
Table Tilray, Inc. Profile
Table Tilray, Inc. Production, Value, Price, Gross Margin 2015-2020
Table Aphria, Inc. Profile
Table Aphria, Inc. Production, Value, Price, Gross Margin 2015-2020
Table The Green Organic Dutchman Holdings Ltd Profile
Table The Green Organic Dutchman Holdings Ltd Production, Value, Price, Gross Margin 2015-2020
Table HEXO Corp Profile
Table HEXO Corp Production, Value, Price, Gross Margin 2015-2020
Table VIVO Cannabis Inc Profile
Table VIVO Cannabis Inc Production, Value, Price, Gross Margin 2015-2020
Table CV Sciences Profile
Table CV Sciences Production, Value, Price, Gross Margin 2015-2020
Table OrganiGram Holding Inc Profile
Table OrganiGram Holding Inc Production, Value, Price, Gross Margin 2015-2020
Table Cronos Group Inc. Profile
Table Cronos Group Inc. Production, Value, Price, Gross Margin 2015-2020
Figure Global Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure Global Legalized Cannabis Revenue ($) and Growth (2015-2020)
Table Global Legalized Cannabis Sales by Regions (2015-2020)
Table Global Legalized Cannabis Sales Market Share by Regions (2015-2020)
Table Global Legalized Cannabis Revenue ($) by Regions (2015-2020)
Table Global Legalized Cannabis Revenue Market Share by Regions (2015-2020)
Table Global Legalized Cannabis Revenue Market Share by Regions in 2015
Table Global Legalized Cannabis Revenue Market Share by Regions in 2019
Figure North America Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure Europe Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure Asia-Pacific Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure Middle East and Africa Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure South America Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure North America Legalized Cannabis Revenue ($) and Growth (2015-2020)
Table North America Legalized Cannabis Sales by Countries (2015-2020)
Table North America Legalized Cannabis Sales Market Share by Countries (2015-2020)
Figure North America Legalized Cannabis Sales Market Share by Countries in 2015
Figure North America Legalized Cannabis Sales Market Share by Countries in 2019
Table North America Legalized Cannabis Revenue ($) by Countries (2015-2020)
Table North America Legalized Cannabis Revenue Market Share by Countries (2015-2020)
Figure North America Legalized Cannabis Revenue Market Share by Countries in 2015
Figure North America Legalized Cannabis Revenue Market Share by Countries in 2019
Figure United States Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure Canada Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure Mexico Legalized Cannabis Sales and Growth (2015-2020)
Figure Europe Legalized Cannabis Revenue ($) Growth (2015-2020)
Table Europe Legalized Cannabis Sales by Countries (2015-2020)
Table Europe Legalized Cannabis Sales Market Share by Countries (2015-2020)
Figure Europe Legalized Cannabis Sales Market Share by Countries in 2015
Figure Europe Legalized Cannabis Sales Market Share by Countries in 2019
Table Europe Legalized Cannabis Revenue ($) by Countries (2015-2020)
Table Europe Legalized Cannabis Revenue Market Share by Countries (2015-2020)
Figure Europe Legalized Cannabis Revenue Market Share by Countries in 2015
Figure Europe Legalized Cannabis Revenue Market Share by Countries in 2019
Figure Germany Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure UK Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure France Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure Italy Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure Spain Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure Russia Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure Asia-Pacific Legalized Cannabis Revenue ($) and Growth (2015-2020)
Table Asia-Pacific Legalized Cannabis Sales by Countries (2015-2020)
Table Asia-Pacific Legalized Cannabis Sales Market Share by Countries (2015-2020)
Figure Asia-Pacific Legalized Cannabis Sales Market Share by Countries in 2015
Figure Asia-Pacific Legalized Cannabis Sales Market Share by Countries in 2019
Table Asia-Pacific Legalized Cannabis Revenue ($) by Countries (2015-2020)
Table Asia-Pacific Legalized Cannabis Revenue Market Share by Countries (2015-2020)
Figure Asia-Pacific Legalized Cannabis Revenue Market Share by Countries in 2015
Figure Asia-Pacific Legalized Cannabis Revenue Market Share by Countries in 2019
Figure China Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure Japan Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure South Korea Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure Australia Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure India Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure Southeast Asia Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure Middle East and Africa Legalized Cannabis Revenue ($) and Growth (2015-2020)
Table Middle East and Africa Legalized Cannabis Sales by Countries (2015-2020)
Table Middle East and Africa Legalized Cannabis Sales Market Share by Countries (2015-2020)
Table Middle East and Africa Legalized Cannabis Revenue ($) by Countries (2015-2020)
Table Middle East and Africa Legalized Cannabis Revenue Market Share by Countries (2015-2020)
Figure Middle East and Africa Legalized Cannabis Revenue Market Share by Countries in 2015
Figure Middle East and Africa Legalized Cannabis Revenue Market Share by Countries in 2019
Figure Saudi Arabia Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure UAE Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure Egypt Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure Nigeria Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure South Africa Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure South America Legalized Cannabis Revenue ($) and Growth (2015-2020)
Table South America Legalized Cannabis Sales by Countries (2015-2020)
Table South America Legalized Cannabis Sales Market Share by Countries (2015-2020)
Table South America Legalized Cannabis Revenue ($) by Countries (2015-2020)
Table South America Legalized Cannabis Revenue Market Share by Countries (2015-2020)
Figure South America Legalized Cannabis Revenue Market Share by Countries in 2015
Figure South America Legalized Cannabis Revenue Market Share by Countries in 2019
Figure Brazil Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure Argentina Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure Columbia Legalized Cannabis Sales and Growth Rate (2015-2020)
Figure Chile Legalized Cannabis Sales and Growth Rate (2015-2020)
Table Global Legalized Cannabis Sales by Types (2015-2020)
Table Global Legalized Cannabis Sales Share by Types (2015-2020)
Table Global Legalized Cannabis Revenue ($) by Types (2015-2020)
Table Global Legalized Cannabis Revenue Share by Types (2015-2020)
Figure Global Buds / Cannabis Flower Sales and Growth Rate (2015-2020)
Figure Global Buds / Cannabis Flower Price (2015-2020)
Figure Global Cannabis Extracts Sales and Growth Rate (2015-2020)
Figure Global Cannabis Extracts Price (2015-2020)
Table Global Legalized Cannabis Sales by Applications (2015-2020)
Table Global Legalized Cannabis Sales Share by Applications (2015-2020)
Figure Global Medical Sales and Growth Rate (2015-2020)
Figure Global Medical Revenue and Growth Rate (2015-2020)
Figure Global Recreational Sales and Growth Rate (2015-2020)
Figure Global Recreational Revenue and Growth Rate (2015-2020)
Figure Global Cosmetics Sales and Growth Rate (2015-2020)
Figure Global Cosmetics Revenue and Growth Rate (2015-2020)
Figure Global Others Sales and Growth Rate (2015-2020)
Figure Global Others Revenue and Growth Rate (2015-2020)
Figure Global Legalized Cannabis Sales and Growth Rate (2020-2026)
Figure Global Legalized Cannabis Revenue ($) and Growth Rate (2020-2026)
Table Global Legalized Cannabis Sales Forecast by Regions (2020-2026)
Table Global Legalized Cannabis Revenue Forecast by Regions (2020-2026)
Figure North America Legalized Cannabis Sales Forecast (2020-2026)
Figure North America Legalized Cannabis Revenue Forecast (2020-2026)
Figure Europe Legalized Cannabis Sales Forecast (2020-2026)
Figure Europe Legalized Cannabis Revenue Forecast (2020-2026)
Figure Asia-Pacific Legalized Cannabis Sales Forecast (2020-2026)
Figure Asia-Pacific Legalized Cannabis Revenue Forecast (2020-2026)
Figure Middle East and Africa Legalized Cannabis Sales Forecast (2020-2026)
Figure Middle East and Africa Legalized Cannabis Revenue Forecast (2020-2026)
Figure South America Legalized Cannabis Sales Forecast (2020-2026)
Figure South America Legalized Cannabis Revenue Forecast (2020-2026)
Table Global Legalized Cannabis Sales Forecast by Types (2020-2026)
Table Global Legalized Cannabis Sales Market Share Forecast by Types (2020-2026)
Table Global Legalized Cannabis Revenue Forecast by Types (2020-2026)
Table Global Legalized Cannabis Revenue Market Share Forecast by Types (2020-2026)
Table Global Legalized Cannabis Sales Forecast by Applications (2020-2026)
Table Global Legalized Cannabis Sales Market Share Forecast by Applications (2020-2026)
Table Global Legalized Cannabis Revenue Forecast by Applications (2020-2026)
Table Global Legalized Cannabis Revenue Market Share Forecast by Applications (2020-2026)


RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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