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Cannabis Market: Industry Analysis and Forecast (2022-2027) Trends, Statistics, Dynamics, Segmentation by Type, Application and Region

Cannabis Market is a psychotropic substance generated from the Cannabaceae family's cannabis plant. Ancient Indian, Chinese, Egyptian, and Islamic cultures all employed it medicinally. Cancer, chronic pain, depression, arthritis, diabetes, glaucoma, migraines, epilepsy, multiple sclerosis, acquired immunodeficiency syndrome (AIDS), amyotrophic lateral sclerosis (ALS), Alzheimer's, post-traumatic stress disorder (PTSD), Parkinson's, and Tourette's are among the diseases and symptoms for which cannabis is used.

Cannabis Market Overview:

The "Global Cannabis Market Analysis" is a detailed examination of the Cannabis market, with an emphasis on global market trends and analysis. The purpose of this research is to offer an overview of the Cannabis industry as well as complete market segmentation by segment and geography. Over the forecast period, the Cannabis market is predicted to increase substantially. The study includes key data on the market positions of the top Cannabis organizations, as well as significant industry trends and prospects.

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Market Scope:

Top-down and bottom-up approaches are used to validate the market size and estimate market size by segment. The market estimations in the research are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights based on usage rate and average sale price are applied to each area to generate percentage splits, market shares, and segment breakdowns. The country-wise divisions of the overall market and its sub-segments are determined by the percentage adoption or usage of the specified market Size in the relevant area or nation.

Segmentation:

The cannabis market is divided into two types: Flowers and Concentrates. In 2021, flowers will hold a 57% market share, dominating the cannabis industry. 15% to 30% of THC, 0% to 1% of CBD, and negligible amounts of other cannabinoids are all present in marijuana flowers.

Key Players:

Primary and secondary research is used to identify industry giants, while primary and secondary research is used to estimate market revenue. In-depth interviews with thought leaders and industry professionals, including experienced front-line staff, CEOs, and marketing specialists, were conducted as part of the core study. The secondary study included an analysis of annual and financial reports from well-known manufacturers. Secondary data is used to compute percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then compared to original data. The firms listed below are involved in the Cannabis industry.

Terra Tech Corp. (US)
Aphria Inc. (Canada)
VIVO Cannabis Inc. (Canada)
The Cronos Group (Canada)
Medical Marijuana Inc. (US)
STENOCARE (Denmark)
Tikun Olam (Israel)
Organigram Holdings Inc. (Canada)
Cresco Labs (US)
Indiva (Canada)
Curaleaf Holding Inc. (US)
HEXO Corp. (Canada)
Ecofibre Limited (Australia)
Harvest Health & Recreation (US)

Regional Analysis:

The research focuses on geographic analysis, which is further divided into sub-regions and nations. This component of the research includes profit estimates and market share figures for each nation. This section of the research looks at each region's and country's share and growth rate throughout the anticipated time period.

After analyzing political, economic, social, and technological factors affecting the Cannabis market in various sectors, the research presents a complete PESTEL analysis for all five regions, including North America, Europe, Asia Pacific, the Middle East, Africa, and South America.

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COVID-19 Impact Analysis on Cannabis Market:

The COVID-19 virus has altered customer behavior in all aspects of society. Businesses, on the other hand, must adjust their strategy to account for shifting market supply. This analysis gives an outline of COVID-19's impact on the Cannabis market and will help you build your business in compliance with the new industry standards.

The Cannabis Market Report presents thorough research spanning from the agile supply chain and trade limitations to regional government regulations and the firm's future influence under the COVID-19 Impact section. Primary market research (2021-2027), examples of venture rivalry, the advantages and disadvantages of huge business channels, and industry growth trends (2021-2027) are all offered.

Key Questions Answered in the Cannabis Market Report are: