Cannabis Market Sales, Price, Revenue, Gross Margin and Share 2027 – CueReport

Latest update on Cannabis Market Analysis report published with an extensive market research, Cannabis market growth analysis and Projection by – 2025. this report is highly predictive as it holds the over all market analysis of topmost companies into the Cannabis industry. With the classified Cannabis market research based on various growing regions this report provide leading players portfolio along with sales, growth, market share and so on.

The global cannabis market is expected to reach US$ 153,689.9 Mn in 2027 from US$ 10,838.1 in 2018. The market is estimated to grow with a CAGR of 34.5% from 2019-2027.

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The global cannabis market, based on the application was segmented into medical and recreational uses. In 2018, the medical segment held the largest share of the market, by application. However, the recreational segmented is anticipated to witness fastest growth in the cannabis market, based on application.

Cannabis Market Sales, Price, Revenue, Gross Margin and Share 2027

Cannabis Market Sales, Price, Revenue, Gross Margin and Share 2027

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The key factors such as increasing number of countries decriminalizing the use of cannabis and legalizing the cannabis for medical use, increasing awareness of benefits offered by cannabis through conduction of workshops and symposiums and increasing technological development in the field of medical cannabis is expected to account for the growth of the global cannabis market.

What will you get in this report?

  • An exhaustive analysis of the global Cannabis market with detailed studies on different topics that will help key players to create effective development strategies and strengthen a strong position in the Cannabis industry.
  • It gives a complete mapping of the behaviors of Cannabis market contributors and the vendor landscape. Existing companies could use the report to prepare themselves well to face future market challenges and strongly compete in the global Cannabis market.
  • Also, the analysts have provided a thorough assessment of the impact of these strategies on Cannabis market growth and competition and many more
  • A competitive portfolio of Cannabis market in the different regions including their growth factors, pitfall challenges, investment structure, advancement in all aspects, customer base etc.

In recent years the whole, unprocessed marijuana plant or its basic extracts are used to treat symptoms of illness and other medical conditions. The US FDA has not approved marijuana plant as medicine but certain chemicals from the plant called cannabinoids, are FDA-approved medications which are in the form of pill. As cannabis helps in treating certain illnesses and symptoms many regions/countries have legalized marijuana for medical use. Currently the two cannabinoids from the marijuana plant that are of medical interest are tetrahydrocannabinol (THC) and cannabidiol (CBD). THC may also decrease pain, inflammation (swelling and redness), and muscle control problems. CBD is used to reduce pain, inflammation, control epileptic seizures, and to treat mental illness and addictions. The FDA approved a CBD-based liquid medication called Epidiolex for the treatment of two forms of severe childhood epilepsy, Dravet syndrome and Lennox-Gastaut syndrome. A few studies have reported that inhaled (smoked or vaporized) marijuana can be helpful treatment of neuropathic pain (pain caused by damaged nerves). Thus growing medicinal applications of cannabis in diseases like HIV, epilepsy and others is expected to drive cannabis market during the forecast period.

Some of the major primary and secondary sources included in the report for the Cannabis Market are the World Health Organization, European Observatory on Cannabis Cultivation, Centers for Disease Control and Prevention, Organisation for Economic Co-operation and Development, National Center for Biotechnology Information, Medical Marijuana Regulation and Safety Act, Drug Enforcement Administration, and others.

Some of the Highlights about Table of Content of Cannabis Market

1 Cannabis Market overview

  • Market Introduction
  • Research Objectives
  • Years Considered
  • Cannabis Market Research Methodology
  • Economic Indicators
  • Currency Considered

2 Executive Summary

  • World Market Overview
  • Global Cannabis Consumption analysis and forecast
  • Cannabis Consumption CAGR by Region

3 Market Drivers, Challenges and Trends

  • Cannabis Market Drivers and Impact
  • Growing Demand from Key Regions
  • Growing Demand from Key Applications and Potential Industries
  • Market Challenges and Impact
  • Cannabis Market Trends

4 Marketing, Distributors and Customer

  • Sales Channel
  • Direct Channels
  • Indirect Channels

5 Key Players Analysis

  • Company Details
  • Main Business Overview
  • Product Benchmarking
  • Recent Developments and Technological Advancement in Cannabis Market

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