Legal Marijuana Market demand and future scope with top Key players – Medicine Man, Canopy Growth, Aphria, Aurora Cannabis Inc., mCig Inc.

Global Legal Cannabis Market is expected to reach $75.6 billion by 2025, at a CAGR of +28% during the forecast period of 2019 to 2025

Legalization of cannabis worldwide, increased drug coverage of cannabis, an increasing population of older adults who need chronic disease treatment, and advances in cultivation technology are key drivers of the growth of the legal cannabis market.

The use of cannabis as a recreational drug has been outlawed in many countries across the globe. As a result of long-fought legalization efforts, several countries such as Uruguay and Canada, as well as several states in the U.S., have legalized the production, sale, and possession of cannabis for recreational and medical usage. The broad legalization of cannabis in this fashion can have numerous effects on the economy and society in which it is legalized. Legalization gives governments the opportunity to regulate cannabis cultivation and sales by application, thereby ensuring its contribution towards country’s GDP. Legalization also helps in moving cartels and black-market dealers out of business; and reducing associated crime rates.

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Manufacturer Detail

Medicine Man

Canopy Growth

Aphria

Aurora Cannabis Inc.

mCig Inc

Product Type Segmentation

Indoor

Greenhouse

Industry Segmentation

Recreational

Medical

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Cannabis legalization has had a positive effect on public health and safety. The major objective of cannabis legalization in Canada include the protection of public health and safety. According to the Centre for Addiction and Mental Health (Canada), legalization combined with strict health‐focused regulation, provides an opportunity to reduce the harms associated with cannabis use. After legalization, existing frequent cannabis consumers expect to buy more often than they do today.

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Major Points Covered in Table of Contents:

1 Industry Overview
2 Manufacturing Cost Structure Analysis of Legal Marijuana Market
3 Technical Data and Manufacturing Plants Analysis
4 Production Analyses of Legal Marijuana Market by Regions, Technology, and Applications
5 Sales and Revenue Analysis of Legal Marijuana Market by Regions
6 Analyses of Legal Marijuana Market Production, Supply, Sales and Market Status 2019-2025
7 Analysis of Legal Marijuana Market industry Key Manufacturers
8 Price and Gross Mar Legal Marijuana Analysis
9 Marketing Traders or Distributor Analysis of Legal Marijuana Market
10 Development Trend of Legal Marijuana Market industries 2019-2025
11 Industry Chain Suppliers of Legal Marijuana Market with Contact Information
12 New Project Investment Feasibility Analysis of Legal Marijuana Market
13 Conclusion of the Legal Marijuana industry 2019 Market Research Report

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