To thrive in this rapidly transforming marketplace, today’s businesses call for innovative and superlative solutions. Businesses can accomplish an unmatched insights and expertise of the best market opportunities into their relevant markets with the help of this Cannabis Market research report. This market report gives clear idea about the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, possible future trends, and market demand and supply scenarios.
Every possible effort has been made when research and analysis is performed to prepare this market research report. All statistical and numerical data is interpreted with the use of established and advanced tools such as SWOT analysis and Porter’s Five Forces Analysis. Clients accomplish unparalleled insights and acquaintance of the best market opportunities into their respective markets from this market report. In addition, businesses can recognize the extent of the marketing problems, causes for failure of particular product (if any) already in the market, and prospective market for a new product to be launched with the Cannabis market document.
The major players covered in the cannabis market report are O.penVAPE Shop., The Cronos Group, Tilray, Marley Natural, Aurora Cannabis, Cara Therapeutics, ARUMA LABS HOLDINGS PTY LIMITED, Medcan Australia, Sundial Growers Inc., Canopy Growth Corporation, The Scotts Company LLC, Aphria Inc., VIVO Cannabis Inc., Cannatrek, SpeedWeed, GW Pharmaceuticals plc., Harborside Health Center, Steep Hill, Inc., CBD Einstein., Weedmaps, Zenabis Global Ltd. GCH, Inc. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Let’s know why the report is worth considering-
Cannabis market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 34.7% in the above-mentioned forecast period. Increasing number of medicinal applications of cannabis and the increasing legalization of cannabis has been directly impacting the growth of cannabis market.
Cannabis is a plant, people use dried leaves, seed oil, and other parts of the cannabis plant for recreational and medicinal purposes. It can be a happy outcome and can alleviate the symptoms of various conditions, such as chronic pain. Some of the cannabis ingredients work mentally (they change the mind), but some do not. The strength and balance of the ingredients vary, depending on how the producer grows and how the plant works. Cannabis-based products come from dried flower buds, leaves, stems, and seeds of the cannabis sativa (hemp) plant. The legal status of medical and recreational cannabis varies from state to state. People considering buying or using cannabis should first consider whether it is legal in their case.
Increasing number of countries that are gradually legalizing the usage of cannabis across the globe is the main driving factor for the cannabis market. Recreational usage of cannabis is also a driver for the cannabis market. Robust growth in the global demand for cannabis is also a driver for the cannabis market. Advancement in research and development of cannabis and usage in medical treatments is an opportunity for the cannabis market.
Strict regulatory norms about the production and sales of cannabis across various states in the same country is a challenge for the growth of cannabis market. However, increased prices of crops are the main restraint for cannabis market during the forecast period of 2021-2028.
This cannabis market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research cannabis market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
In May 2018, Aurora Cannabis Inc. acquired all of the issued and outstanding common shares of MedReleaf in an all-share transaction valued at approximately CAD 3.2 billion on a fully diluted basis. The proposed transaction brings together two of Canada’s premier cannabis companies with fully-aligned strategic visions and production philosophies, as well as complementary assets, distribution networks, products, and capabilities.
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How Does This Market Insights Help?
- Cannabis Market share (regional, product, application, end-user) both in terms of volume and revenue along with CAGR
- Key parameters which are driving this market and restraining its growth
- What all challenges manufacturers will face as well as new opportunities and threats faced by them
- Learn about the market strategies that are being adopted by your competitors and leading organizations
- To gain insightful analyses of the market and have a comprehensive understanding of the “Cannabis Market” and its commercial landscape
Conducts Overall CANNABIS Market Segmentation: This knowledgeable market research report offers lucrative opportunities by breaking down complex market data into segments on the basis of –
By Product Type (Buds, Oil, Tinctures, Others),
Usage (Medical, Recreational),
Distribution Channel (Physical, Digital, Others)
The countries covered in the cannabis market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the cannabis market due to usage in various therapies for medical conditions such as anorexia, arthritis, chronic pain, epilepsy, post-traumatic stress disorder and cancer, while Europe is expected to grow at the highest growth rate in the forecast period of 2021 to 2028 due to changing lifestyle of people, robust demand and supply of cannabis.
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Thinking One Step Ahead
In today’s competitive world you need to think one step ahead to pursue your competitors, our research offers reviews about key players, major collaborations, union & acquisitions along with trending innovation and business policies to present a better understanding to drive the business in the correct direction.
In conclusion, the Cannabis Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and Porters Five analysis is also incorporated in the report.
Strategic Points Covered in TOC:
Chapter 1: Introduction, market driving force product scope, market risk, market overview, and market opportunities of the global Hair Tie market
Chapter 2: Evaluating the leading manufacturers of the Cannabis market which consists of its revenue, sales, and price of the products
Chapter 3: Displaying the competitive nature among key manufacturers, with market share, revenue, and sales
Chapter 4: Presenting Cannabis market by regions, market share and with revenue and sales for the projected period
Chapter 5, 6, 7, 8 and 9: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions
Read Complete Details with TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-cannabis-market&SB
About Data Bridge Market Research:
Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.
Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expands their reach by opening a new office in Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. “Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated Team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve.”
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