Cannabis Market A Breakdown of the Industry by Technology, Application, and Geography Forecast 2027

The report provides an in-depth analysis of the competitive landscape, along with company profiling of key players involved in the global Cannabis market. The authors of the report make sure to equip readers with a thorough evaluation of the vendor landscape and inform them of the current and future changes that can be expected. The competitive analysis offered in the report inspects the market share, gross margin, product portfolio, consumption, market status, and technologies of leading players controlling a significant portion of the global Cannabis market.

The Global Cannabis Market is projected to reach USD 48.29 billion in 2027. The market is being predominantly driven by the growing usage of cannabis for many medicinal and recreational usage and increasing legalization in many countries with proliferating portfolio of end-use products. Rising proven studies suggests supporting the medicinal properties to treat many medical conditions including chronic pain, glaucoma, and poor appetite, nausea, migraines, seizures, and anxiety, among many others have been helping grow its usage amongst the end-users.

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Competitive Outlook:

This section of the report performs a thorough investigation into the intensely competitive landscape of the global Cannabis market, highlighting the leading manufacturers, strategic initiatives adopted by them, the existing growth prospects, market positions, and market shares held by each participant. The report further emphasizes the developmental strategies undertaken by these companies, including product innovation, new product launches, and technological upgradation. Moreover, the report studies the notable business events observed in this industry, such as mergers acquisitions, joint ventures, partnerships, corporate deals, and brand promotions. The key industry participants include:

Key Companies Profiled in the Report are

Canopy Growth Corporation, Aurora Cannabis Inc., Tikun Olam, Cannabis Science Inc., Aphria Inc., Maricann Group Inc., Tilray Inc., VIVO Cannabis Inc., Medical Marijuana, Inc., STENOCARE, Cronos Group Inc., Terra Tech Corp., and MedMen

Report Highlights:

Besides offering a vivid depiction of the global Cannabis business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2020-2027).
The report scrutinizes the salient factors influencing the growth of the market in the near future.
The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.

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The report analyzes the market based on different categories such as product types, end-user applications, and leading geographical regions. It offers key insights into the factors that are expected to influence the growth of the segments and sub-segments.

Cannabis Market Segmentation:

Product Type Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Flower
- Concentrates
- Others

Compound Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Tetrahydrocannabinol
- Cannabidiol (CBD)
- Balanced THC CBD

Application Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Medical
  - Pain Management
  - Neurological Health Management
  - Mental Health Management
  - Others
- Recreational
- Others

Key Geographies Profiled in the Report:

North America(the U.S., Mexico, and Canada)
Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
Europe(the U.K., France, Germany, and Rest of Europe)
Latin America(Brazil and Rest of Latin America)
Middle East Africa(GCC Countries and Rest of Middle East Africa)

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