NEW YORK, Oct. 21, 2021 /PRNewswire/ — The “Legal Cannabis Market by Product (Medical cannabis and Recreational cannabis) and Geography (North America, Europe, APAC, South America, and MEA) – Forecast and Analysis 2021-2025” report has been added to Technavio’s offerings. With ISO 9001:2015 certification, Technavio has been proudly partnering with more than 100 Fortune 500 companies for over 16 years.
The potential growth difference for the legal cannabis market between 2021 and 2025 is USD 34.91 bn. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Attractive Opportunities in Legal Cannabis Market by Product and Geography – Forecast and Analysis 2021-2025
Key Market Dynamics:
- Market Drivers
- Market Challenges
The rising number of countries decriminalizing and legalizing cannabis and the health benefits of medical cannabis are some of the key market drivers. However, factors such as lack of funding and investment will challenge market growth.
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The legal cannabis market report is segmented by product (medical cannabis and recreational cannabis) and geography (North America, Europe, APAC, South America, and MEA). North America will be the leading region with 89% of the market’s growth during the forecast period. The US and Canada are the key markets for legal cannabis in North America.
View our sample report for accurate prediction of the contribution of all the segments and regional opportunities in store.
Some Companies Mentioned
- Aurora Cannabis Inc.
- Bhang Corp.
- Cannoid LLC
- Canopy Growth Corp.
- Cronos Group Inc.
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- Marijuana Market: The marijuana market has been segmented by product (medical marijuana and recreational marijuana) and geography (North America, Europe, APAC, South America, and MEA). Download Free Sample Report
- Medical Marijuana Market: The medical marijuana market has been segmented by application (chronic pain, nausea, and others) and geography (North America, Europe, APAC, South America, and MEA). Download Free Sample Report
Aurora Cannabis Inc., Bhang Corp., Cannoid LLC, Canopy Growth Corp., Cronos Group Inc., CV Sciences Inc., Jazz Pharmaceuticals Plc, Medical Marijuana Inc., Tilray Inc., and VIVO Cannabis Inc.
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.
If our report has not included the data you are looking for, you can reach out to our analysts and customize segments.
Key Topics Covered:
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation
- Customer landscape
- Geographic Landscape
- Vendor Landscape
- Vendor Analysis
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