Global Legal Cannabis Market 2021-2025 The analyst has been monitoring the legal cannabis market and it is poised to grow by $ 34. 91 bn during 2021-2025, progressing at a CAGR of over 21% during the forecast period.
New York, Nov. 19, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Legal Cannabis Market 2021-2025" - https://www.reportlinker.com/p05228024/?utm_source=GNW
Our report on the legal cannabis market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by rising number of countries decriminalizing and legalizing cannabis and health benefits of medical cannabis. In addition, rising number of countries decriminalizing and legalizing cannabis is anticipated to boost the growth of the market as well.
The legal cannabis market analysis includes the product segment and geographic landscape.
The legal cannabis market is segmented as below:
• Medical cannabis
• Recreational cannabis
By Geographical Landscape
• North America
• South America
This study identifies the increasing number of medical cannabis dispensaries as one of the prime reasons driving the legal cannabis market growth during the next few years.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on legal cannabis market covers the following areas:
• Legal cannabis market sizing
• Legal cannabis market forecast
• Legal cannabis market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading legal cannabis market vendors that include 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. Also, the legal cannabis market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p05228024/?utm_source=GNW
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