Description:-
Marijuana is dried leaves, stems, flowers or seeds derived from Cannabis sativa or Cannabis indica plant. The consumption of marijuana is limited to certain countries where it is termed as legal marijuana. In certain countries legalization of marijuana is done for both recreation and medicinal purposes. However, in most of the countries marijuana is legalized only for a medicinal purpose. Legal marijuana is useful in the treatment of cancer, multiple sclerosis, and many other diseases which is driving its application in the healthcare sector.
Scientists are continuously researching on the marijuana species to bring out value-added products from the cannabis strains, which is supporting the growth of the legal marijuana market. Growing demand for legal marijuana for recreational activity is projected to boost the growth of the legal marijuana market over the forecast period. Increasing legalization of marijuana market in various countries is having a positive impact on the legal marijuana market.
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High consumption of marijuana in North America, mainly in the U.S. and Canada is influencing the market growth since the last few years. There has been an increased inclination towards legal marijuana in Turkey, Australia, Argentina, and the Philippines over past years. Growing trend of consumption of legal marijuana among the youth is expected to surge the market growth. However, any kind of use of marijuana is illegal in countries such as India, Japan, China, and South East Asian Countries.
Regional Analysis:
The global legal marijuana market is segmented into North America, Europe, and Rest of the World. North America is anticipated to dominate the market holding the lion’s share of over 85% in which the U.S. is dominating the market followed by Canada. Moreover, Europe is projected to grow at a healthy CAGR of 14.23% over the forecast period.
Segments:
Legal marijuana market is segmented on the basis of a type such as indica, sativa, hybrid, and others. Among them, sativa is anticipated to dominate the market and hold over 50% share of the global market over the forecast period. On the basis of the application, the market is segmented into medical use and other use. Legal marijuana is gaining acceptance for other uses, which is witnessed to grow at a CAGR of 13.08% over the review period.
Key Players:
The leading players in the global legal marijuana market primarily are Medicine Man (U.S.), AmeriCann, Inc. (U.S.), Novus Acquisition & Development (U.S.), Abattis Bioceuticals Corp (Canada), GW Pharmaceuticals (U.K.), Canopy Growth (Canada), Insys Therapeutics (U.S.)
Target Audience:
• Legal marijuana manufacturers
• Pharmaceutical Industry
• Raw material suppliers
• Traders, importers, and exporters
Continued……
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Table Of Contents – Major Key Points
1 Industry Overview of Legal Marijuana
1.1 Definition and Specifications of Legal Marijuana
1.1.1 Definition of Legal Marijuana
1.2 Legal Marijuana Segment by Types (Product Category)
1.2.1 Global Legal Marijuana Production (T) and Growth Rate (%) Comparison by Types (2012-2022)
1.2.2 Global Legal Marijuana Production Market Share (%) by Types in 2016
1.2.3 Indica
1.2.4 Sativa
1.2.5 Hybrid
1.2.6 Other
1.3 Global Legal Marijuana Segment by Applications
1.3.1 Global Legal Marijuana Consumption (T) Comparison by Applications (2012-2022), Tons
1.3.2 Medical Use
1.3.3 Other
1.4 Global Legal Marijuana Market by Regions (2012-2022)
1.4.1 Global Legal Marijuana Market Size and Growth Rate (%) Comparison by Regions (2012-2022), USD million
1.4.2 North America Legal Marijuana Status and Prospect (2012-2022)
1.4.3 Europe Legal Marijuana Status and Prospect (2012-2022)
1.4.4 Rest of the World Legal Marijuana Status and Prospect (2012-2022)
1.5 Global Legal Marijuana Market Size (2012-2022)
1.5.1 Global Legal Marijuana Revenue (Million USD) Status and Outlook (2012-2022)
1.5.2 Global Legal Marijuana Production (T) Status and Outlook (2012-2022)
2 Manufacturing Cost Structure Analysis of Legal Marijuana
2.1 Manufacturing Process Analysis of Legal Marijuana
2.2 Industry Chain Structure of Legal Marijuana
3 Technical Data and Manufacturing Plants Analysis of Legal Marijuana
3.1 Capacity and Commercial Production Date of Global Legal Marijuana Major Manufacturers in 2016
3.2 Manufacturing Plants Distribution of Global Legal Marijuana Major Manufacturers in 2016
3.2.1 Manufacturing Plants Distribution of Global Legal Marijuana Major Manufacturers in 2016
3.3 R&D Status and Technology Source of Global Legal Marijuana Major Manufacturers in 2016
4 Global Legal Marijuana Overall Market Overview
4.1 2012-2017E Overall Market Analysis
4.2 Sales Price Analysis
4.2.1 2012-2017E Global Legal Marijuana Sales Price
4.2.2 2016 Legal Marijuana Sales Price Analysis (Company Segment)
5 Legal Marijuana Regional Market Analysis
5.1 North America Legal Marijuana Market Analysis
5.1.1 North America Legal Marijuana Market Overview
5.1.2 North America 2016 Legal Marijuana Market Share Analysis
5.1.3 Europe Legal Marijuana Market Overview
5.1.4 Europe 2012-2017E Legal Marijuana Sales Price Analysis
5.1.5 Rest of the World Legal Marijuana
5.1.6 Rest of the world 2012-2017E Legal Marijuana Sales Price (Gram)
Continued……
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