Cannabis Market Worldwide Industry Growth, Size, Statistics, Opportunities & Forecasts up to 2026

16Dec - by sopan - 0 - In Business

The Cannabis report endows with an in-depth investigation of the market driving factors, opportunities, restraints, and challenges for obtaining the crucial insight of the industry. The report identifies the most recent improvements, market share, and systems applied by the significant market. With the widespread analysis of the market, it puts forth overview of the market regarding type and applications, featuring the key business resources and key players. The Cannabis market report offers a great understanding of the current market situation with the historic and upcoming market size based on technological growth, value and volume, projecting cost-effective and leading fundamentals in the market.

Global cannabis market is projected to register a healthy CAGR of 34.7% in the forecast period of 2019 to 2026. 

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Global Cannabis Market By Product Type (Buds, Oil, Tinctures, Others), Usage (Medical, Recreational), Crop Variety (Cannabis Indica, Cannabis Sativa, Others), Distribution Channel (Physical, Digital, Others) and Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026 ; 

Complete report on Global Cannabis Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures 

Market Definition: Global Cannabis Market 

Cannabis is a type of drug that is obtained from plants such as cannabis indica and cannabis sativa. The active chemical present in the plant is tetrahydrocannabinol (THC). Cannabis plant has several medical as well as recreational usages. In medical, cannabis is reported to treat nausea, vomiting, chronic pains, asthma and many more diseases. The plant also has psychoactive and physiological effects when taken into the body. 

Key Questions Answered in Global Cannabis Market Report:- 

Our Report offers:-

  • What will the market growth rate, Overview and Analysis by Type of Global Cannabis Market in 2026?
  • What are the key factors driving, Analysis by Applications and Countries Global Cannabis Market?
  • What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Cannabis Market?
  • Who are Opportunities, Risk and Driving Force of Global Cannabis Market?
  • Who are the opportunities and threats faced by the vendors in Global Cannabis Market? Business Overview by Type, Applications, Gross Margin and Market Share
  • What are the Global Cannabis Market opportunities, market risk and market overview of the Market?

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Top Key Players:

  • 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,
  • GW Pharmaceuticals plc,
  • The Scotts Company LLC,
  • Aphria Inc.,
  • VIVO Cannabis Inc.,
  • Cannatrek 

Key Developments in the Market:

  • In November 2019, SLANG Worldwide Inc. announced the launch of its new product line, RESERVE; in California market that is an extension of O.penVAPE brand. The company became best-selling cannabis brand in the United States due to the launch of this product.
  • In February 2018, MedReleaf Corp. launched its product San Rafael ’71, the first adult-use recreational brand. This product is designed for the people who are aware of the cannabis products and their effects.
  • In May 2018, Aurora Cannabis launched new cannabis product line, Aurora Frost. The new product line belongs to the category of dried cannabis that has 35% THC content.

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Market Segmentations:

Global Cannabis Market is segmented on the basis of

  • Product Type
  • Form
  • End-User
  • Distribution Channel
  • Geography

Market Segmentations in Details:

By Product Type

  • Buds,
  • Oil,
  • Tinctures
  • Others

By Form

  • Medical
  • Recreational

By End-Use

  • Indica,
  • Cannabis sativa
  • Others

By Distribution Channel

  • Physical,
  • Digital
  • Others

By Geography

North America

  • US.
  • Canada,
  • Mexico

Europe

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Turkey
  • Belgium
  • Netherlands
  • Switzerland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • South Korea
  • India
  • Australia
  • Singapore
  • Thailand
  • Malaysia
  • Indonesia
  • Philippines
  • Rest of Asia Pacific

South America

  • Brazil
  • Rest of South America

Middle East & Africa

  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA

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