Cannabis both medical and recreational market, is currently in the center of whirl of legalization globally. The North American region dominated the global cannabis market, owing to the growing legalization trends in most of the states in the US
The growth of this market can also be attributed to the increasing awareness among consumers regarding health benefits of cannabis and its growing medical application.
The cannabis market is projected to reach USD 90.4 billion by 2026, recording a CAGR of 28.0%, in terms of value.
It is witnessing significant growth due to increasing legalization of cannabis across various regions. Also, the growth of this market can also be attributed to the increasing awareness among consumers regarding health benefits of cannabis and its growing
It is witnessing significant growth due to increasing legalization of cannabis across various regions. Also, the growth of this market can also be attributed to the increasing awareness among consumers regarding health benefits of cannabis and its growing
The growth of cannabis market can also be attributed to the increasing awareness among consumers regarding health benefits of cannabis and its growing medical application.
Cannabis legalization is often viewed upon with dual perceptions wherein its legalization has been proven to be met with skepticism associated with possible abuse. Legalization of cannabis has allowed people to practice safe substance usage along with rea
Cannabis legalization is often viewed upon with dual perceptions wherein its legalization has been proven to be met with skepticism associated with possible abuse.
The North America region is going to dominate the global market due to increasing legalization of cannabis for both medical and recreational purposes all over North America.
The cannabis market is estimated to be valued at USD 20.5 billion in 2020 and is projected to reach USD 90.4 billion by 2026, recording a CAGR of 28.0%, in terms of value.
The North America region is going to dominate the global market due to increasing legalization of cannabis for both medical and recreational purposes all over North America.
The North America region is going to dominate the global market due to increasing legalization of cannabis for both medical and recreational purposes all over North America.
It is witnessing significant growth due to increasing legalization of cannabis across various regions. Also, the growth of this market can also be attributed to the increasing awareness among consumers regarding health benefits of cannabis
The North America region is going to dominate the global cannabis market due to increasing legalization of cannabis for both medical and recreational purposes all over North America.
The North America region is going to dominate the global cannabis market due to increasing legalization of cannabis for both medical and recreational purposes all over North America.
In terms of geographical coverage, the cannabis market has been segmented into 4 regions, namely, North America, South America, Europe, RoW (Rest of the World). Europe is projected to record the highest growth rate during the forecast period.
The market in north america region is primarily driven by growth in the US and Canadian markets.
The North American cannabis market is estimated to account for the largest market share in 2018. The market in this region is primarily driven by growth in the US and Canadian markets.
The cannabis market in this region is also driven by the increasing legalization of cannabis for both medical and recreational purposes all over North America and the increasing awareness among consumers regarding the health benefits of cannabis.
The cannabis market in this region is also driven by the increasing legalization of cannabis for both medical and recreational purposes all over North America and the increasing awareness among consumers regarding the health benefits of cannabis.
The major factors driving the cannabis market include the growing medicinal application of cannabis and the increasing legalization of cannabis.
The cannabis market is expected to grow $39.4 billion by 2023, at a CAGR of 30.7% during the forecast period. The major factors driving the cannabis market include the growing medicinal application of cannabis and the increasing legalization of cannabis.