Dublin, March 28, 2019 (GLOBE NEWSWIRE) -- The "Global Legal Cannabis Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The legal cannabis market will register a CAGR of over 27% by 2023.
The use of advanced techniques in cannabis cultivation is likely to drive market growth. The cannabis industry has been growing with the advent of new processes used in cannabis cultivation. These processes have been extremely helpful in improving the quality and increasing the production level. Cannabis cultivation is basically done in fully-equipped laboratories with facilities like sanitized chambers and controlled environment.
Market Overview
Rapid legalization of cannabis worldwide
Rapid legalization of cannabis has been a major driver impacting the growth of the market, which is influencing many nations to decriminalize cannabis and legalize the use of marijuana both for recreational and medicinal purposes.
Health hazards associated with the consumption of cannabis products
Legalizing cannabis in any country poses a great threat to its citizens as its over consumption can lead to various respiratory problems and several health issues.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Aphria and Aurora Cannabis, the competitive environment is quite intense. Factors such as the use of advanced techniques in cannabis cultivation and the rapid legalization of cannabis, will provide considerable growth opportunities to legal cannabis manufactures. Aphria, Aurora Cannabis, Canopy Growth Corporation, CV Sciences, and Tilray are some of the major companies covered in this report.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- argaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
- Market segmentation by product
- Comparison by product
- Global legal medical cannabis market - Market size and forecast 2018-2023
- Global legal recreational cannabis market -
- Market size and forecast 2018-2023
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- Legal cannabis market in Americas - Market size and forecast 2018-2023
- Legal cannabis market in EMEA - Market size and forecast 2018-2023
- Legal cannabis market in APAC - Market size and forecast 2018-2023
- Key leading countries
- Legal cannabis market in the US - Market size and forecast 2018-2023
- Legal cannabis market in Canada - Market size and forecast 2018-2023
- Legal cannabis market in Israel - Market size and forecast 2018-2023
- Legal cannabis market in Germany - Market size and forecast 2018-2023
- Legal cannabis market in Australia - Market size and forecast 2018-2023
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Increasing demand due to growing number of patients who needcannabis for medical use
- Use of advanced techniques in cannabis cultivation
- Rising mergers and acquisitions in the cannabis sector
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Aphria
- Aurora Cannabis
- Canopy Growth Corporation
- CV Sciences
- Tilray
PART 14: APPENDIX
For more information about this report visit https://www.researchandmarkets.com/r/2yvmdv
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