Cannabis/Marijuana Market Size, Share and Industry Analysis By Type (Flowers/Buds and Concentrates), By Application (Medical, Recreational (Edibles and Topicals), and Industrial Hemp), and Regional Forecast 2020-2029 (Includes COVID-19 Business Impact)

                                          
We have updated Cannabis Marijuana Market with respect to COVID-19 Business Impact.
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This report focuses on the Cannabis Marijuana market and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Cannabis Marijuana market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America.


Global Cannabis Marijuana Market: Segment Analysis


The research report includes specific segments by region (country), by Company, by Type, and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2029. An in-depth analysis of the segments assists in identifying the different factors that will aid market growth.


Global Cannabis Marijuana Market: Regional Analysis


The research report includes a detailed study of regions of North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America. The report has been curated after observing and studying various factors that determine regional growth such as the economic, environmental, social, technological, and political status of the particular region. Researchers have studied the data of revenue, sales, and manufacturers of each mentioned region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2029.


Global Cannabis Marijuana Market: Competitive Landscape


This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2019 to 2029.
List of Companies Profiled

Highly Dynamic and Uncertain Market Conditions in Global Cannabis Market Amidst Legality Concerns
The global cannabis market remains highly competitive and robustly dynamic - new partnerships and expansions are underway as the wave of legalization spreads gradually across the globe. The recreational consumption is also expected to attain multi-faceted patterns among younger consumers that can take higher risks for trying out different forms and versions of cannabis. Thus, the robustly expanding popularity of recreational cannabis utilization is creating a shift from flower/bud to more processed formats such as edibles, oils, and topical products and this has been appropriately reciprocated by key players in the market. From the cost perspective, there is a high level of variability in the prices of cannabis raw material based on the regulatory structures and the stage of each markets maturation.

List of Companies profiled

  
Aurora Cannabis
  
Aphria Inc.
  
Canopy Growth Corporation
  
MedReleaf Corp.
  
Cronos Group Inc.
  
GW Pharmaceuticals, plc.
  
CannTrust Holdings Inc.
  
VIVO Cannabis Inc.
  
Tilray
  
OrganiGram Holdings

Report Coverage

The perceivable and validation-based benefits with the consumption of cannabis and its essential role in therapeutic applications is a significant growth engine of the global cannabis market. The medical use of cannabis is not a recent development; it is the recreational use that is touted to become a transformational development. The open and flexible regulatory framework, strong emphasis on education and de-stigmatization is expected to facilitate the sustainable sales of recreational cannabis in the foreseeable future.

An Infographic Representation of Cannabis Marijuana Market

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The report provides qualitative and quantitative insights on the cannabis market and detailed analysis of market size and growth rate for all possible segments in the market.

Along with this, the report provides an elaborative analysis of the market dynamics and competitive landscape. Various key insights provided in the report are the overview of related markets, recent industry developments such as mergers & acquisitions, the regulatory scenario in key countries, and key industry trends.

Report Scope & Segmentation

 Segmentation

By Type

  
Flowers/Buds
  
Concentrates

By Application

  
Medical
  
Recreational
  
Edibles
  
Topicals
  
Industrial Hemp

By Region

  
North America (U.S., Canada, and Mexico)
  
Europe (Germany, France, Italy, Spain, Czech Republic, Belgium, and Rest of Europe)
  
Asia Pacific (Australia, and Rest of Asia Pacific)
  
Rest of the World (Brazil, Zimbabwe, and Rest of the World)

INDUSTRY DEVELOPMENT:

In March 2019, Altria Group, Inc. invested around USD 1.8 billion in Cronos Group Inc. compete, scale and lead in the rapidly growing global cannabis industry.

In January 2019, The Colombian Medical Federation and Aphria forged a new alliance to develop an academic curriculum on the medicinal use of cannabis.

In December 2018, The U.S. government enacted Agriculture Improvement Act which classified hemp and marijuana as two legally different substances under the Controlled Substances Act. As a result, hemp-derived cannabidiol (CBD) products can now be sold throughout the US, despite the fact that the plant itself remains illegal at the federal level.

In October 2018, the Canadian Government allowed the private consumption of cannabis for recreational purposes, however limiting the amount a person can possess to 30 grams. With this landmark development, Canada becomes the first of the G20 countries to fully legalize cannabis for non-medical adult consumption.
In August 2018, Hexo Corp., a licensed producer of cannabis-based in Quebec, Canada, entered a joint venture with Molson Coors Canada to produce CBD-infused beverages.