Legal Cannabis Market size is estimated at $10.2 billion in 2020 and is predicted to grow as CAGR of 25.2% during the forecast period 2021-2026. Legal Cannabis is also known as medical marijuana. One of the key elements increasing demand for legal cannabis is the licensing of cannabis for adult usage.
Legal Cannabis Market size is estimated at $10.2 billion in 2020 and is predicted to grow as CAGR of 25.2% during the forecast period 2021-2026. Legal Cannabis is also known as medical marijuana. One of the key elements increasing demand for legal cannabis is the licensing of cannabis for adult usage.
According to the latest research report by IMARC Group, The global legal cannabis market size reached US$ 20.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 74.5 Billion by 2028, exhibiting a growth rate (CAGR) of 23.9% during 2023-2028. More Info:- https://www.imarcgroup.com/legal-cannabis-market
The global cannabis packaging market reached a value of US$ 982.4 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 3949.6 Million by 2027, exhibiting a CAGR of 25.40% during 2022-2027. Read More: https://www.imarcgroup.com/cannabis-packaging-market
The increasing use of medicinal marijuana is creating lucrative growth opportunities for the global cannabis market says Fortune Business Insights in their new study. The study is titled, “Cannabis Market: Global Market Analysis, Insights, and Forecasts, 2018 to 2026”. This report includes expert opinion from trusted sources and focusses on major factors driving and restricting the growth of the market during the forecast period, 2018 to 2026. https://www.fortunebusinessinsights.com/industry-reports/cannabis-market-100219
Aanalysts forecast the global legal marijuana market to grow at a CAGR of 37.38% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global legal marijuana market for 2016-2020. To calculate the market size, the report considers the revenue generated from legal sales of marijuana.
“Global Legal Marijuana Market” report offers determining insights into the overall industry along with the market dimensions and assessment for the duration 2018 to 2025.
The titled “Global Legal Marijuana Market 2020” report disclosed by Adroit Market Research will give the Strategic Overview of the industry growth and also predict that it will continue to be driven by Effective presence of key players worldwide.
The growing legalization of cannabis across the globe and the demand for medical marijuana in managing various neurological and mental disorders are projected to propel the growth of the market during the forecast period.
The global medical cannabis market size is expected to reach USD 24.52 Billion at a steady revenue CAGR of 11.5% in 2028, according to latest analysis by Emergen Research. Increase in medical cannabis products and the rise in research activities are driving the market revenue growth. Moreover, legalization of the product in several countries is also propelling growth of the market.
The Cannabis Testing Market is projected to grow significantly by 2032 due to increasing legalization and demand for quality assurance. Key trends include advancements in testing technology and a competitive landscape characterized by mergers and acquisitions. North America leads the market, with Europe and Asia-Pacific emerging as important regions.
According to the latest research report by IMARC Group, The Europe medical cannabis market size reached US$ 2,167.8 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 11,093.7 Million by 2032, exhibiting a growth rate (CAGR) of 19.3% during 2024-2032. More Info:- https://www.imarcgroup.com/europe-medical-cannabis-market
According to MRFR analysis, the global medical cannabis market is expected to register a CAGR of ~15.4% during the forecast period of 2019 to 2025 and was valued at USD 13.6 million in 2018.
According to the latest research report by IMARC Group, The Africa medical cannabis market size is expected to exhibit a growth rate (CAGR) of 19.2% during 2024-2032. More Info:- https://www.imarcgroup.com/africa-medical-cannabis-market
The growth in this market is mainly driven by factors such as legalization of medical cannabis, coupled with the growing number of cannabis testing laboratories (specifically in the U.S.); growing adoption of LIMS in cannabis testing laboratories; and increasing awareness through conferences, symposia, and workshops.
The global cannabis testing market size reached US$ 1,269 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,619 Million by 2028, exhibiting a growth rate (CAGR) of 13.00% during 2023-2028. More info: https://www.imarcgroup.com/cannabis-testing-market
The global medical cannabis market size reached US$ 31.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 57.4 Billion by 2028, exhibiting a growth rate (CAGR) of 8.47% during 2023-2028. More info: https://www.imarcgroup.com/medical-cannabis-market
The cannabis cultivation market size was USD 322.50 Billion in 2021 and is expected to register a revenue CAGR of 21.9% during the forecast period, according to the latest analysis by Emergen Research.
The Global CBD Skin Care Products Market is estimated to grow from USD 407.3 million in 2020 to USD 1,929.2 million by 2026 at a healthy CAGR of 30.1% during the forecast period.
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Medical Cannabis Market is driven by increase in incidence of neurological & pain disorders, multiple sclerosis, and cancer, rise in production of cannabis due to legalization of sale of medical cannabis products in several countries.
Similarly, it is also used in combination with traditional opioid painkillers, which enables patients to reduce the dosage and frequency of opioids significantly and imparts greater pain relief. Many countries in Europe have legalized cannabis thus it can be used for medicinal purpose, such as Italy, Germany.
The U.S. medical cannabis market size was valued at USD 5.44 billion in 2016. The medical marijuana market is at the nascent stage of development and is expected to grow significantly during the forecast period owing to rising consumer demand.
The report “Legal Marijuana Market (Medical & Recreational) with Focus on US & Canada: Industry Analysis (2017-2021)” provides, For more mail: vikas@konceptanalytics.com
Get more information about the market: http://bit.ly/2OojUqq The global medical cannabis market reached a value of more than US$ 11 Billion in 2017. Medical cannabis is currently in an introductory phase in the pharmaceutical industry and is gradually gaining acceptance across the globe. Want more information about this market? Request a free report sample: https://www.imarcgroup.com/request?type=report&id=1053&flag=B Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Website: https://www.imarcgroup.com Follow us on twitter : @imarcglobal
The cannabis testing market is segmented on the basis of product & software, service, end user, and region. Download Sample at http://bit.ly/2L2GL5j . The cannabis testing services market (services offered by cannabis testing laboratories) is segmented into potency testing, terpene profiling, pesticide screening, residual solvent screening, heavy metal testing, microbial analysis, and genetic testing.
The Global CBD Oil Market is expected to grow at CAGR of 38.45% to reach USD 3782.32 Million till 2024. Read More @ https://www.medgadget.com/2019/10/cbd-oil-market-cagr-insights-emerging-38-5-by-2024-global-size-share-opportunities-value-dynamics-comprehensive-analysis-essential-strategies-and-price-trends.html
One of the biggest challenge faced by prescriber of drugs is that every individual requires different levels of tolerance and variable opioid doses to obtain adequate pain relief. Controlled substances are medications or illicit drugs which are active in the central nervous system and can potentially cause a relative physical and mental dependence which can lead to addiction of those drugs.
In recent years, cannabis has gained widespread acceptance and found legal footing in numerous corners of the world. The mainstream cannabis industry has firmly established itself, with companies innovating in the creation of new products and technologies. Nonetheless, within the cannabis community, there is a palpable concern regarding the impact of commercialization on the core culture and values that have defined this unique community for decades.
In September 2021, the marijuana industry remains highly regulated, and financing options for businesses operating in this sector can be challenging. Traditional financial institutions often hesitate to provide funding due to the legal complexities and federal regulations surrounding marijuana Private Equity and Venture Capital: Some private equity firms and venture capital funds specialize in providing funding to cannabis-related businesses. They may offer capital in exchange for equity or a share of the company's profits. Cannabis-Specific Lenders: There are financial institutions and lending platforms that focus specifically on providing financing solutions to marijuana-related businesses. These lenders understand the industry's unique challenges and can offer tailored financing options.
The global cannabidiol (CBD) market is estimated to garner a revenue of USD ~USD 48 billion by the end of 2031 by growing at a CAGR of ~21% over the forecast period, i.e., 2022 – 2031.
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According to the latest research report by IMARC Group, The global CBD food and beverage market size reached US$ 7.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 57.6 Billion by 2032, exhibiting a growth rate (CAGR) of 26.33% during 2024-2032. More Info:- https://www.imarcgroup.com/cbd-food-beverage-market
The problem is that in Canada even though cannabis has been legal since 2017 the major banks are still reticent to do business with the cannabis industry. This is despite that in Canada for example which has over 100 licensed cannabis producers and some start-up companies are considered to be unicorns – business that are worth $1Billion dollars or more. Table of Contents State and National Security Regulations. Retail Outlets. Transportation. Security on the Farm. Greenhouse and Indoor Farms. Why all these Security Regulations? What can the Professional Cannabis Security Companies do to Help? Top Tips for Choosing a Cannabis Security Company. Conclusion.
Whether you are a newbie or a veteran cannabis user, you will be completely aware by now that THC and CBD aren’t the only molecules providing therapeutic effects. There is more to cannabis besides those cannabinoids such as THCV, CBN, CBG, or CBC. And a lot more. And here comes a new cannabinoid, delta-8 THC. It is a compound that exists in rare amounts. However, off lately, the presence of delta-8 THC rich compounds such as edibles, capsules, or extracts is rising in the legal market. Scientists assume that patients could benefit from its wide array of medical benefits with the help of a medical marijuana card.
According to the latest research report by IMARC Group, The global CBD food and beverage market size reached US$ 7.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 57.6 Billion by 2032, exhibiting a growth rate (CAGR) of 26.33% during 2024-2032. More Info:- https://www.imarcgroup.com/cbd-food-beverage-market
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Bharat Book presents the report on “Global Drug Abuse Testing Market”(https://www.bharatbook.com/healthcare-market-research-reports-802983/global-drug-abuse-testing-development-demand-.html). This report contains an analysis of drug of abuse testing market based on the type of test conducted, sample used for testing and geographical analysis, with a brief on testing technologies.
According to the latest research report by IMARC Group, The global automotive remote diagnostics market reached a value of US$ 10 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 25.4 Billion by 2027, exhibiting a CAGR of 17% during 2022-2027. More Info:- https://www.imarcgroup.com/automotive-remote-diagnostics-market
CBD Skincare Boom: Navigating the Beauty Industry's Transformation Navigate through the transformative landscape of the beauty and skincare industry, experiencing the boom of CBD (cannabidiol) in various products. This non-psychoactive compound, extracted from the cannabis plant, is gaining recognition for its potential therapeutic effects.
The global hemp seeds market size reached US$ 830 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,550 Million by 2027, exhibiting a growth rate (CAGR) of 11.5% during 2022-2027. More info: https://www.imarcgroup.com/hemp-seeds-market
The Medical Marijuana Market is estimated to grow from USD 21.1 billion in 2020 to USD 53.0 billion by 2026 at a healthy CAGR of 17% during the forecast period.
The global endoscopic spinal surgery market was valued at US$ 573.6 Mn in 2020, and is expected to exhibit a CAGR of over 8% through the forecast period (2021 – 2031).