TORONTO, Jan. 23, 2020 (GLOBE NEWSWIRE) -- Legalization of Medical and Recreational Use of Cannabis is Driving the growth of Global Cannabis Market in the forecast by 2026

The Cannabis Market report provides CAGR values along with its fluctuations for the specific forecast period. The report has been generated by taking into thought several aspects of marketing research and analysis that can be listed as market size estimations, market dynamics, company & market best practices, entry level marketing strategies, positioning and segmentations, competitive landscaping, opportunity analysis, economic forecasting, industry-specific technology solutions, roadmap analysis, targeting key buying criteria, and in-depth benchmarking of vendor offerings. This Cannabis market research report is of great importance for superior decision making and achieving competitive advantage.

Global Cannabis Market is projected to register a healthy CAGR of 34.7% forecast by 2026.

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Market Definition: Global Cannabis Market

Cannabis is a type of drug that is obtained from plants such as cannabis indica and cannabis sativa. The active chemical present in the plant is tetrahydrocannabinol (THC). Cannabis plant has several medical as well as recreational usages. In medical, cannabis is reported to treat nausea, vomiting, chronic pains, asthma and many more diseases. The plant also has psychoactive and physiological effects when taken into the body.

Key Questions Answered in Global Cannabis Market Report:-

Our Report offers:-

• What will the market growth rate, Overview and Analysis by Type of Global Cannabis Market in 2026?
   
• What are the key factors driving, Analysis by Applications and Countries Global Cannabis Market?
   
• What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Cannabis Market?
   
• Who are Opportunities, Risk and Driving Force of Global Cannabis Market?
   
• Who are the opportunities and threats faced by the vendors in Global Cannabis Market? Business Overview by Type, Applications, Gross Margin and Market Share
   
• What are the Global Cannabis Market opportunities, market risk and market overview of the Market?

Global Cannabis Market By Product Type (Buds, Oil, Tinctures, Others), Usage (Medical, Recreational), Crop Variety (Cannabis Indica, Cannabis Sativa, Others), Distribution Channel (Physical, Digital, Others) and Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

Complete report on Global Cannabis Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures

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Top Key Players:

• O.penVAPE Shop.,
• Cronos Group,
• Tilray,
• Marley Natural,
• Aurora Cannabis,
• Cara Therapeutics,
• ARUMA LABS HOLDINGS PTY LIMITED,
• Medcan Australia,
• Sundial Growers Inc.,
• Canopy Growth Corporation,
• GW Pharmaceuticals plc,
• The Scotts Company LLC,
• Aphria Inc.,
• VIVO Cannabis Inc.,
• Cannatrek,
• others.

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Key Developments in the Market:

• In November 2019, SLANG Worldwide Inc. announced the launch of its new product line, RESERVE, in California market that is an extension of O.penVAPE brand. The company became best-selling cannabis brand in the United States due to the launch of this product.
   
• In February 2018, MedReleaf Corp. launched its product San Rafael '71, the first adult-use recreational brand. This product is designed for the people who are aware of the cannabis products and their effects.
   
• In May 2018, Aurora Cannabis launched new cannabis product line, Aurora Frost. The new product line belongs to the category of dried cannabis that has 35% THC content.

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Market Segmentations:

Global Cannabis Market is segmented on the basis of 

• Product Type
• Form
• End-User
• Distribution Channel
• Geography

Market Segmentations in Details:

By Product Type

• Buds,
• Oil,
• Tinctures,
• Others

By Form

• Medical
• Recreational

By End-Use

• Indica,
• Cannabis sativa,
• Others

By Distribution Channel

• Physical,
• Digital,
• Others

By Geography

North America

• U.S.
• Canada,
• Mexico

Europe

• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Turkey
• Belgium
• Netherlands
• Switzerland
• Rest of Europe

Asia-Pacific

• Japan
• China
• South Korea
• India
• Australia
• Singapore
• Thailand
• Malaysia
• Indonesia
• Philippines
• Rest of Asia Pacific

South America

• Brazil
• Rest of South America

Middle East & Africa

• South Africa
• Saudi Arabia
• UAE
• Rest of MEA

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