Global Legal Marijuana Market 2018-2024
22-Jun-2018 | Number of pages: 220 | Report Id: BMRC PH 128 | Report Format: | Status: Upcoming

Global LegalMarijuana Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2018-2024

 

 

Brandessence Market Research is working on a new report titleGlobal Legal Marijuana Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2018-2024″.Fast acceptance of medicinal marijuana increasing demand in medical sector such as glaucoma, asthma, respiratory disorders, Alzheimer’s disease, reduces muscle spasm, helps to decrease the disorder called Dravet’s syndrome and others are key drivers for growth of Global Legal Marijuana Market.

Global Legal Marijuana Market Reports –

Marijuana is a greenish mixture of dried leaves torn leaves, stems, seeds, and flowers of the plant Cannabis sativa.Marijuana is also commonly known as Cannabis and Hemp. Marijuana contains more than 350 chemicals such as more than 30% Cannabinoids (CBD)and the mind-altering chemical Tetra Hydro Cannabinol (THC), which acts as psychoactive element.THC acts on particular brain cell receptors which react with natural THC-like chemicals. These natural chemicals play avital role in development and functioning of brain.When a person smokes marijuana, THC rapidly passes from the lungs into the blood. The blood carries the chemical to the brain and other organs through the body. When the person eats or drinks then body absorbs THC more slowly. In this case, they generally feel the effects after 1 hour.Marijuana is one of the superior modifications of cannabis, is used for recreational (psychoactive drugs) and medicinal purposes.Many countries are allowing the sale of marijuana for recreational purposes due to excessive tax revenue generated from the market. Also, consumption of marijuana in some countries is banned due to its addictive property and has been related with narcotics such as Heroin. They are frequently mixed into foods such as cookies, brownies, and candies. Stronger form of marijuana includes Sinsemilla from special cultivated female flowering plants and concentrated resins including high-doses of marijuana’s active ingredients includeshoney like hash oil, hard amber like shatter and waxy budderi.e., cannabis extracts with a creamy and buttery consistency.

Extracts can also be made from the cannabis. People can mix marijuana in food and edibles such as brownies, cookies, candy, brew it as a tea. Smoking or eating different forms of THC-rich resinsis a newly popular method of usingMarijuana.

Short-Term Effects such as short-term memory problems, Severe anxiety, Very strange behavior, hearing or smelling things that aren’t there, psychosis, Panic, Hallucinations, Loss of sense of personal identity, Less reaction time, risk of heart attack, greater risk of stroke, difficulties in safe driving or playing sports and Sexual problems for males.

Long-Term Effects such as Drop in Intelligence Quotientup to 7 points if continued use started in teenage, Poor school performance and higher chance of dropping out, Impaired thinking, difficult to learn and perform complex tasks, decreased life satisfaction, Addiction about 8% of adults and 16% of people who started smoking as teenagers, Potential development of opiate abuse, Relationship problems, intimate partner violence, Antisocial behavior including robbery, Financial problems, Increased welfare dependence, Greater chances of not getting good jobs.

Global Legal Marijuana Market is segmented on the basis of Marijuana Type,Consumption Type, Applicationand Geography. On the Basis ofMarijuana Type, Global Legal Marijuana Market is classified asmedical and recreational.On the basis of Consumption Type Global Legal Marijuana Market is classified into Solid, Liquid, Inhalation and Topical. On the basis of ApplicationGlobal Legal Marijuana Market is classified as Chronic Pain, Mental Disorders, and Cancer, Others (AIDS, Amyotrophic Lateral Sclerosis and Parkinson ’s disease).

The regions covered in Global Legal Marijuana Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, Global Melanoma Drug Market sub divided in to U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Key Players for Global Legal Marijuana Market Reports –

Global Legal Marijuana Market reports cover prominent players likeMedicine Man (U.S.), AmeriCann, Inc. (U.S.), Novus Acquisition & Development (U.S.), AbattisBioceuticals Corp (Canada), GW Pharmaceuticals (U.K.), Canopy Growth (Canada), Insys Therapeutics (U.S.)

Global Legal Marijuana Market Dynamics –

Many health benefits associated with Marijuana is growing its application in the Pharmaceutical sector. The demand for legal Marijuana is increasing for recreational activity, which is driving the growth of the market.The Global Legal Marijuana Market is also driven byrising demand for Marijuana in medical sector, in the treatment of glaucoma; used to treat asthma respiratory complication slows progression of Alzheimer’s disease, reduces muscle spasm, decrease the chance of Dravet’s syndrome and others. In addition, growing occurrence of chronic diseases among population and various beneficial chemicals found in marijuana, which can be used for relief from chronic pain, reduce nausea & vomiting and increases hunger during chemotherapy are other factors likely to support growth of the Global Legal Marijuana Market. Moreover, rising mental disorder and presence of tetrahydrocannabinol (THC) in Marijuana can be used to cure mental disorder is other factor likely to boost growth of the Global Legal Marijuana Market.

In spite oflots of medical applications of Marijuana, it also causes addiction after long term consumption, creates hallucinations, thus this may hamper the market growth. However, stringent government regulations related to use of marijuana as it may have short term and long term side effects on health is a major factor restraining growth of the global legal marijuana market. Additionally, common side effects of Marijuana such as increased talkativeness and laughter alternating with periods of introspective dreaminess, fatigue and sleepiness is probably achallenge for growth of the Global Legal Marijuana Market.

Legalization of marijuana by developed countries for medical purposes where active chemical compounds in Marijuana can be used for treatment of various chronic diseases such as cancer AIDS, ALS, Crohn’s and Parkinson’sdisease. Also increasing Research &Development activities and government spending on healthcare sector demands for cannabis for clinical use are major factors which drive the growth of the Global Legal Marijuana Market.

Global Legal Marijuana Market Regional Analysis –

North America is expected to account for largest market (in terms of value and volume both) owing to legalization of Marijuana in developed countries, use of Marijuana in illegal drugs and Pharmaceutical sector and presence of key players in this region. This can be also attributed to increasing pool of patient suffering from chronic diseases, well developed healthcare sector and favorable reimbursement policies. Europe market accounts for second-largest revenue share in the global legal marijuana market followed by markets in Asia Pacific, Latin America and Middle East & Africa respectively. The market in Asia Pacific is projected to register highest CAGR in terms of revenue over the forecast period, owing to increasing government expenditure on healthcare sector in emerging countries in this region.

Endless research on the Marijuana to show value-added products from cannabis strains have been contributing to the growth of the Global Legal Marijuana Market from the past few years.

Furthermore, increase in awareness through various government and NGO campaigns of disease and government initiatives for improving health care facilities are expected to boost the regional market to a certain extent.

Key Benefits for Global Legal Marijuana Market Reports –

  • Global Legal Marijuana Market report covers in depth historical and forecast analysis.
  • Global Legal Marijuana Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Global market sale (K Units), Global market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
  • Global Legal Marijuana Market report helps to identify opportunities in market place.
  • Global Legal Marijuana Marketreport covers extensive analysis of emerging trends and competitive landscape.

Global Legal Marijuana Market Segmentation

 Global Legal Marijuana Market: By Marijuana Type Analysis

  • Medical
  • Recreational

Global Legal Marijuana Market: By Consumption Type Analysis

  • Solid
  • Liquid
  • Inhalation
  • Topical
  • Others

Global Legal Marijuana Market: By Application Analysis

  • Chronic Pain
  • Mental Disorders
  • Cancer
  • Others (AIDS, Amyotrophic Lateral Sclerosis and Parkinson ’s disease)

Global Legal Marijuana Market: By Regional & Country Analysis

  • North America
    • U.S.
    • Mexico
    • Canada
  • Europe
    • UK
    • France
    • Germany
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
    • Southeast Asia
  • Latin America
    • Brazil
  • The Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

 

 

 

 

 

 

Global Legal Marijuana Market 2018-2024

Our 220 pages report provides 65 tables, 72 charts and graphs. The report covers historical and forecast data of North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Our study focuses on the most lucrative areas in the industry and the future market prospects. Market covers financial results, trends, opportunities and revenue predictions from 2018 to 2024. Significant rise in research and development activities by leading vendors.

Why you should buy this report:

  • To receive a comprehensive analysis of the prospects for Global Legal Marijuana Market
  • To receive forecasts of Global Legal Marijuana Market Sales in leading country markets from 2018-2024, including leading and emerging country from developed and developing regions
  • To discover the views of experts in the Global Legal Marijuana Market sector
  • To determine the forces and factor that influences the market for Global Legal Marijuana Market: drivers, restraints, opportunities and threats
  • To find out where the Global Legal Marijuana Market is heading – both technologically and commercially from 2018-2024
  • Report Include tables of contract/projects and its value and description by  region and Country

Global Legal Marijuana Market: By Region Analysis

 2017

(USD Million)

2024

(USD Million)

2017 Market Share (%)CAGR (%)

2018-2024

GlobalXXXXXXXX
North AmericaXXXXXXXX
EuropeXXXXXXXX
Asia PacificXXXXXXXX
Latin AmericaXXXXXXXX
Middle East & AfricaXXXXXXXX
GlobalXXXXXXXX

Source: Brandessence Market Research, 2018

Global Legal Marijuana Market: ByMarijuana Type Analysis

 2017

(USD Million)

2024

(USD Million)

2017 Market Share (%)CAGR (%)

2018-2024

MedicalXXXXXXXX
RecreationalXXXXXXXX

Source: Brandessence Market Research, 2018

Global Legal Marijuana Market: By Consumption Type Analysis

 2017

(USD Million)

2024

(USD Million)

2017 Market Share (%)CAGR (%)

2018-2024

SolidXXXXXXXX
LiquidXXXXXXXX
InhalationXXXXXXXX
TopicalXXXXXXXX
OthersXXXXXXXX

Source: Brandessence Market Research, 2018

Global Legal Marijuana Market: By Application Analysis

 2017

(USD Million)

2024

(USD Million)

2017 Market Share (%)CAGR (%)

2018-2024

Chronic PainXXXXXXXX
Mental DisordersXXXXXXXX
CancerXXXXXXXX
Others (AIDS, Amyotrophic Lateral Sclerosis and Parkinson ’s disease)XXXXXXXX

Why You Must Buy This Report:

This report features news, insights, the latest developments and an in depth survey ofGlobal Legal Marijuana Market with up-to-date analysis as well as tables, graphs and charts. This report is a vital addition to gaining an understanding of this market sector and will give your company ‘the edge’ on your competitors.

Email me today to order this report or to ask for assistance. I look forward to receiving your email on sales@brandessenceresearch.com

 Companies Mentioned in This Report,

  • American Cannabis
  • Canopy Growth Corporation
  • GreenGro Technologies
  • mCig
  • Mentor Capital
  • Terra Tech
  • United Cannabis
  • Cannabis Sativa
  • Cannabis Science
  • Cannabrand
  • Chuma Holdings
  • MedMen
  • Meadow
  • MJIC
  • Monarch America
  • Natural Cannabis
  • Novus Acquisition & Development
  • Oregon Green Seed
  • Organigram
  • Origin Cannabis
  • Potbotics
  • Privateer Holdings
  • Willie’s Reserve
  • Aphria Inc.
  • Aurora Cannabis Inc.
  • Maricann Group Inc.
  • Tilray
  • The Cronos Group
  • Organigram Holdings Inc.
  • ABcann Medicinals Inc.
  • Tikun Olam
  • Medicine Man
  • AmeriCann Inc.
  • Abattis Bioceuticals Corp
  • GW Pharmaceuticals
  • Insys Therapeutics
  • Greengro
  • Mentor Capital
  • Bhang Corporation
  • Cannoid
  • CBD American Shaman
  • CV Sciences
  • Elixinol
  • FOLIUM BIOSCIENCES
  • IRIE CBD
  • NuLeaf Naturals
  • Pharmahemp
  • Others

 

 

Table of Content

  1. Chapter – Report Methodology
    • Research Process
    • Primary Research
    • Secondary Research
    • Market Size Estimates
    • Data Triangulation
    • Forecast Model
    • USP’s of Report
    • Report Description
  2. Chapter – Global Legal Marijuana Market Overview: Qualitative Analysis
    • Market Introduction
    • Executive Summary
    • Global Legal Marijuana Market Classification
    • Market Drivers
    • Market Restraints
    • Market Opportunity
    • Global Legal Marijuana Market: Trends
    • Porter’s Five Forces Analysis
      • Bargaining Power of Suppliers
      • Bargaining Power of Consumers
      • Threat of New Entrants
      • Threat of Substitute Product and Services
      • Competitive Rivalry within the Industry
    • Market Attractiveness Analysis
      • Market Attractiveness Analysis by Segmentation
      • Market Attractiveness Analysis by Region
  1. Chapter – Global Legal Marijuana Market Overview: Quantitative Analysis
    • Global Legal Marijuana Market Revenue (USD Million), Market Share (%) and Growth Rate (%), 2014- 2024
  2. Chapter – 3.2. Global Legal Marijuana Market: by Marijuana Type
  3. Chapter – 3.2. Global Legal Marijuana Market: by Consumption Type Chapter – 3.2. Global Legal Marijuana Market: by Application
    • Global Legal Marijuana Market (USD Million), by Manufacturer, 2014 – 2024
    • Global Legal Marijuana MarketShare (%), by Manufacturer, 2017
    • Global Legal Marijuana Market Price (USD/Unit), by Manufacturer, 2014 – 2024
    • Global Legal Marijuana Market Revenue Growth Rate (%), by Manufacturer, 2014 – 2024
    • Merger & Acquisition
    • Collaborations and Partnership
    • New Product Launch
  4. Chapter – Global Legal Marijuana Market: Regional Analysis
    • North America
    • North America Global Legal Marijuana Market Revenue (USD Million) and Growth Rate (%), 2014 – 2024.
    • North America Global Legal Marijuana MarketRevenue (USD Million) By Country, 2014 – 2024.
    • North America Global Legal Marijuana Market Revenue Market Share (%) By Country, 2014 – 2024.
    • North America Global Legal Marijuana Market Revenue (USD Million), Market Share (%) and Growth Rate, By Market Segmentation, 2014 – 2024.
    • North America Global Legal Marijuana Market Revenue (USD Million), Market Share (%) and Growth Rate, By Market Segmentation, 2014 – 2024.
    • North America Global Legal Marijuana Market Revenue (USD Million), Market Share (%) and Growth Rate, By Market Segmentation, 2014 – 2024.
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
  5. Chapter – Company Profiles
    • American Cannabis
      • Overview
      • Financials
      • Product portfolio
      • Global Legal Marijuana Market Revenue (USD Million) and Market Share (%), 2014 – 2017
      • Global Legal Marijuana Market Share (%), 2014 – 2017
      • Business strategy
      • Recent developments
    • Pfizer Inc.
    • Janssen Biotech Inc.
    • Celgene Corporation
    • Glenmark Pharmaceuticals Limited
    • Takeda Pharmaceutical Company Limited
    • Stiefel Laboratories Inc. (GlaxoSmithKline plc)
    • Novartis AG
    • Amgen Inc.
    • Biogen Idec
    • Johnson & Johnson
    • AstraZeneca
    • Boehringer Ingelheim
    • Sun Pharmaceuticals Industries Ltd
    • Valeant Pharmaceuticals International, Inc.
    • Biocon Limited
    • Cipla Ltd
    • Rowan Bioceuticals Private Limited
    • LEO Pharma
    • G & W Laboratories Inc.
    • Win Medicare Pvt. Ltd
    • Merck and Co. Inc.
    • Abbvie Inc.
    • Others

 

  1. Chapter – Market Research and Findings

 

 

  • American Cannabis
  • Canopy Growth Corporation
  • GreenGro Technologies
  • mCig
  • Mentor Capital
  • Terra Tech
  • United Cannabis
  • Cannabis Sativa
  • Cannabis Science
  • Cannabrand
  • Chuma Holdings
  • MedMen
  • Meadow
  • MJIC
  • Monarch America
  • Natural Cannabis
  • Novus Acquisition & Development
  • Oregon Green Seed
  • Organigram
  • Origin Cannabis
  • Potbotics
  • Privateer Holdings
  • Willie’s Reserve
  • Aphria Inc.
  • Aurora Cannabis Inc.
  • Maricann Group Inc.
  • Tilray
  • The Cronos Group
  • Organigram Holdings Inc.
  • ABcann Medicinals Inc.
  • Tikun Olam
  • Medicine Man
  • AmeriCann Inc.
  • Abattis Bioceuticals Corp
  • GW Pharmaceuticals
  • Insys Therapeutics
  • Greengro
  • Mentor Capital
  • Bhang Corporation
  • Cannoid
  • CBD American Shaman
  • CV Sciences
  • Elixinol
  • FOLIUM BIOSCIENCES
  • IRIE CBD
  • NuLeaf Naturals
  • Pharmahemp
  • Others