Global Legal Marijuana Market by Product Type, Species, Purchase Channel with Forecast : 2025
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Legal Marijuana Market by Product Type (Buds, Cannabis Extracts), Species (Sativa, Indica), Strains (THC, CBD), Purchase Channel, Application (Medical, Recreational), End-Use Industries, and Geography - Global Forecast to 2025
The research report titled“Legal Marijuana Market by Product Type (Buds, Cannabis Extracts), Species (Sativa, Indica), Strains (THC, CBD), Purchase Channel, Application (Medical, Recreational), End-Use Industries, and Geography - Global Forecast to 2025” provides in-depth analysis of legal marijuana market in five major geographies and emphasizes on the current market trends, size, and share; recent developments; and forecast until 2025. The global legal marijuana market is expected to reach $75.6 billion by 2025, at a CAGR of 28.3% during the forecast period of 2019 to 2025.
The growth in this market is mainly attributed to the increasing legalization of marijuana, growing medicinal applications of marijuana, and rising geriatric population who are in the need of treatment for chronic diseases. 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.
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Legal Marijuana Market, by Purchase Channel
Legal Marijuana Market, by Application
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|Target State: All States|
Target City : All Cities
Last Update : Dec 31, 2019
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|Item Owner : Prachiti Sharma|
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