Global Legal Cannabis Market to be Driven by the Rapid Legalization of Cannabis Worldwide …

LONDON–(BUSINESS WIRE)–The legal cannabis market is poised to grow by USD 27.89 billion during 2020-2024, progressing at a CAGR of almost 21% during the forecast period.

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The report on the legal cannabis market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rapid legalization of cannabis worldwide.

The legal cannabis market analysis includes the product segment and geography landscape. This study identifies the use of advanced techniques in cannabis cultivation as one of the prime reasons driving the legal cannabis market growth during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The legal cannabis market covers the following areas:

Legal Cannabis Market Sizing

Legal Cannabis Market Forecast

Legal Cannabis Market Analysis

Companies Mentioned

  • Aphria Inc.
  • Aurora Cannabis Inc.
  • Bhang Corp.
  • Canopy Growth Corp.
  • Cronos Group Inc.
  • CV Sciences Inc.
  • GW Pharmaceuticals Plc
  • Medical Marijuana Inc.
  • Tilray Inc.
  • VIVO Cannabis Inc.

Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Medical – Market size and forecast 2019-2024
  • Recreational – Market size and forecast 2019-2024
  • Market opportunity by Product

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers – Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption
  • Competitive scenario

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Aphria Inc.
  • Aurora Cannabis Inc.
  • Bhang Corp.
  • Canopy Growth Corp.
  • Cronos Group Inc.
  • CV Sciences Inc.
  • GW Pharmaceuticals Plc
  • Medical Marijuana Inc.
  • Tilray Inc.
  • VIVO Cannabis Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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