Bharat Book Bureau Provides the Trending Market Research Report on “Legal Marijuana Market by Product Type, Species, Strains, Purchase Channel, Application, End-Use Industries, and Geography - Global Forecast to 2025”under Food & Beverage Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

Legal Marijuana Market by Product Type (Buds, Cannabis Extracts), Species (Sativa, Indica), Strains (THC, CBD), Purchase Channel, Application (Medical, Recreational), End-Use Industries, and Geography - Global Forecast to 2025

The research report titled“Legal Marijuana Market by Product Type (Buds, Cannabis Extracts), Species (Sativa, Indica), Strains (THC, CBD), Purchase Channel, Application (Medical, Recreational), End-Use Industries, and Geography - Global Forecast to 2025” provides in-depth analysis of legal marijuana market in five major geographies and emphasizes on the current market trends, size, and share; recent developments; and forecast until 2025. The global legal marijuana market is expected to reach $75.6 billion by 2025, at a CAGR of 28.3% during the forecast period of 2019 to 2025.

The growth in this market is mainly attributed to the increasing legalization of marijuana, growing medicinal applications of marijuana, and rising geriatric population who are in the need of treatment for chronic diseases. However, high cost and strict rules and regulations regarding production, distribution, sales, and possession of legal marijuana obstruct the growth of this market to some extent.

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The study offers a comprehensive analysis of the global legal marijuana market with respect to various product types, species, strains, purchase channels, applications, and end-user industries. The global legal marijuana market is segmented on the basis of product type (buds/ cannabis flower and cannabis extracts), species (cannabis indica, cannabis sativa, and cannabis hybrid), strains (THC-dominant, CBD-dominant, and balanced THC and CBD), purchase channel (online and offline), application (medical, recreational, and cosmetics and others), medical application (chronic pain, mental disorders, cancer, and others), and end-use industries (pharmaceutical; food, beverages, and tobacco; personal care; and research and development centers), and geography.

Geographically, the global legal marijuana market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. The North America region is estimated to dominate the global legal marijuana market in 2019. The large share of this region is mainly attributed to legalization of cannabis in several states in the U.S., and in Canada, changing people's attitude toward marijuana use, large base of potential marijuana consumers in the region, rising acceptance towards marijuana use for both medical and recreational purposes, and increasing investment by marijuana producers in the region.

The key players operating in the global legal marijuana market are Canopy Growth Corporation (Canada), Aphria, Inc. (Canada), Aurora Cannabis Inc. (Canada), Maricann Group, Inc. (Canada), Tilray, Inc. (Canada), Cronos Group Inc. (Canada), OrganiGram Holding Inc. (Canada), VIVO Cannabis Inc. (Canada), Tikun Olam Ltd. (Israel), The Green Organic Dutchman Holdings Ltd. (Canada), Terra Tech Corp. (U.S.), Medical Marijuana, Inc. (U.S.), Stenocare A/S (Denmark), Cannabis Science, Inc. (U.S.), and HEXO Corp. (Canada).

Scope of the report
Legal Marijuana Market, by Product Type
• Buds / Cannabis Flower
• Cannabis Extracts
Oil
Tinctures
Others

Legal Marijuana Market, by Species
• Cannabis Indica
• Cannabis Sativa
• Cannabis Hybrid

Legal Marijuana Market, by Strain
• THC-dominant
• CBD-dominant
• Balanced THC and CBD

Legal Marijuana Market, by Purchase Channel
• Online
• Offline

Legal Marijuana Market, by Application
• Medical
Chronic Pain
Mental Disorders
Cancer
Others
• Recreational
• Cosmetics & Others

Legal Marijuana Market, by End-User
• Pharmaceutical
• Food, Beverages, and Tobacco
• Personal Care
• Research and Development Centres

Legal Marijuana Market, by Geography
• North America
U.S.
Canada
• Europe
Germany
U.K.
France
Italy
The Netherlands
Rest of Europe
• Asia-Pacific
Australia
South Korea
Rest of Asia-Pacific
• Latin America
Argentina
Colombia
Uruguay
Rest of Latin America
• Middle East and Africa
South Africa
Israel

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https://www.bharatbook.com/marketreports/legal-marijuana-market-by-product-type-species-strains-purchase-channel-application-end-use-industries-and-geograp/1804916

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