Legal Marijuana Market Share, Growth, Trends, Global Size, Product Demand and Reach $75.69 billion with growing at a CAGR of 21.9% by 2026

According to New Research, the Global Legal Marijuana Market is expected to reach $75.69 billion by 2026 growing at a CAGR of 21.9% during the forecast period. Some of the key factors influencing the market growth include Growing legalization in various countries and rising adoption of cannabis as a medical product for treating conditions such as Parkinson’s disease, cancer, arthritis, and neurological disorders.

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Some of the key players in global Legal Marijuana market are Cannabis Sativa, Inc., Aphria, Inc., GW Pharmaceuticals, plc., Maricann Group, Inc., United Cannabis Corporation., Canopy Growth Corporation., Tikun Olam, Ltd., Tilray, Aurora Cannabis, Lexaria Corp., The Cronos Group, Organigram Holding, Inc. and ABcann Medicinals, Inc.

However, stringent rules and regulations regarding product sale and cultivation are restraining the market growth.

The latest report pertaining to Legal Marijuana provides a detailed analysis regarding market size, revenue estimations and growth rate of the industry. In addition, the report illustrates the major obstacles and newest growth strategies adopted by leading manufacturers who are a part of the competitive landscape of this market.

Based on the marijuana type, recreational is defined as any use of marijuana apart from medical purpose. Recreational use can range from it being a psychoactive drug to a food ingredient. Few countries like Canada, Uruguay, Colombia, and some states in the U.S. have legalized recreational cannabis. By Geography, North America is going to have a lucrative growth during the forecast period owing to the presence of a large customer pool and legalization of medical marijuana in the U.S. and Canada. Currently, 33 states in the U.S. and District of Colombia have legalized cannabis in the U.S. making it the largest market in the world.

Products Covered:
• Oils
• Tinctures
• Buds

Marijuana Types Covered:
• Recreational Marijuana
• Medical Marijuana

Medical Applications Covered:
• Cancer
• Mental Disorders
• Chronic Pain
• Other Medical Applications

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The overall Legal Marijuana market is mainly driven by growing legalization of cannabis across the globe, widening medicinal applications of cannabis, rising geriatric population who need treatment for chronic diseases, and growing use of advanced techniques in cannabis cultivation. However, high cost and strict rules and regulations regarding production, distribution, sales, and possession of Legal Marijuana obstruct the growth of this market to some extent.

The Legal Marijuana Market Report provides key strategies followed by leading Legal Marijuana industry manufactures and Sections of Market like- product specifications, volume, production value, Feasibility Analysis, Classification based on types and end-user application areas with geographic growth and upcoming advancement. The Legal Marijuana market report provides comprehensive outline of Invention, Industry Requirement, technology and production analysis considering major factors such as Revenue, investments and business growth.

What our Legal Marijuana Market report offers:
1. Legal Marijuana Market share assessments for the regional and country-level segments

2. Legal Marijuana Market share analysis of the top industry players

3. Strategic recommendations for the new entrants

4. Legal Marijuana Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments and the regional markets

5. Legal Marijuana Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

6. Strategic recommendations in key business segments based on the market estimations

7. Competitive landscaping mapping the key common trends

8. Company profiling with detailed strategies, financials, and recent developments

9. Supply chain trends mapping the latest technological advancements

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Key Points List of Tables
1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Legal Marijuana Market, By Product
5.1 Introduction
5.2 Oils
5.3 Tinctures
5.4 Buds

6 Global Legal Marijuana Market, By Marijuana Type
6.1 Introduction
6.2 Recreational Marijuana
6.3 Medical Marijuana

7 Global Legal Marijuana Market, By Application
7.1 Introduction
7.2 Cancer
7.3 Mental Disorders
7.4 Chronic Pain
7.5 Other Medical Applications

8 Global Legal Marijuana Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East and Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East and Africa

9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions and Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies

10 Company Profiling
10.1 Cannabis Sativa, Inc.
10.2 Aphria, Inc.
10.3 GW Pharmaceuticals, plc.
10.4 Maricann Group, Inc.
10.5 United Cannabis Corporation.
10.6 Canopy Growth Corporation.
10.7 Tikun Olam, Ltd.
10.8 Tilray
10.9 Aurora Cannabis
10.10 Lexaria Corp.
10.11 The Cronos Group
10.12 Organigram Holding, Inc.
10.13 ABcann Medicinals, Inc.

List of Tables and Figures
1 Global Legal Marijuana Market Outlook, By Region (2016-2026) ($MN)
2 Global Legal Marijuana Market Outlook, By Product (2016-2026) ($MN)
3 Global Legal Marijuana Market Outlook, By Oils (2016-2026) ($MN)
4 Global Legal Marijuana Market Outlook, By Tinctures (2016-2026) ($MN)
5 Global Legal Marijuana Market Outlook, By Buds (2016-2026) ($MN)
6 Global Legal Marijuana Market Outlook, By Marijuana Type (2016-2026) ($MN)
7 Global Legal Marijuana Market Outlook, By Recreational Marijuana (2016-2026) ($MN)
8 Global Legal Marijuana Market Outlook, By Medical Marijuana (2016-2026) ($MN)
9 Global Legal Marijuana Market Outlook, By Medical Application (2016-2026) ($MN)
10 Global Legal Marijuana Market Outlook, By Cancer (2016-2026) ($MN)
11 Global Legal Marijuana Market Outlook, By Mental Disorders (2016-2026) ($MN)
12 Global Legal Marijuana Market Outlook, By Chronic Pain (2016-2026) ($MN)
13 Global Legal Marijuana Market Outlook, By Other Medical Applications (2016-2026) ($MN)
14 North America Legal Marijuana Market Outlook, By Country (2016-2026) ($MN)
15 North America Legal Marijuana Market Outlook, By Product (2016-2026) ($MN)
16 North America Legal Marijuana Market Outlook, By Oils (2016-2026) ($MN)
17 North America Legal Marijuana Market Outlook, By Tinctures (2016-2026) ($MN)
18 North America Legal Marijuana Market Outlook, By Buds (2016-2026) ($MN)
19 North America Legal Marijuana Market Outlook, By Marijuana Type (2016-2026) ($MN)
20 North America Legal Marijuana Market Outlook, By Recreational Marijuana (2016-2026) ($MN)
21 North America Legal Marijuana Market Outlook, By Medical Marijuana (2016-2026) ($MN)
22 North America Legal Marijuana Market Outlook, By Medical Application (2016-2026) ($MN)
23 North America Legal Marijuana Market Outlook, By Cancer (2016-2026) ($MN)
24 North America Legal Marijuana Market Outlook, By Mental Disorders (2016-2026) ($MN)
25 North America Legal Marijuana Market Outlook, By Chronic Pain (2016-2026) ($MN)
26 North America Legal Marijuana Market Outlook, By Other Medical Applications (2016-2026) ($MN)
27 Europe Legal Marijuana Market Outlook, By Country (2016-2026) ($MN)
28 Europe Legal Marijuana Market Outlook, By Product (2016-2026) ($MN)
29 Europe Legal Marijuana Market Outlook, By Oils (2016-2026) ($MN)
30 Europe Legal Marijuana Market Outlook, By Tinctures (2016-2026) ($MN)
31 Europe Legal Marijuana Market Outlook, By Buds (2016-2026) ($MN)
32 Europe Legal Marijuana Market Outlook, By Marijuana Type (2016-2026) ($MN)