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Worldwide Legal Marijuana Market Analysis 2017-2018 and Forecast to 2023: A High Growth of 28.09% is Projected - ResearchAndMarkets.com

October 8, 2018

DUBLIN--(BUSINESS WIRE)--Oct 8, 2018--The “Global Legal Marijuana Market - by Type, Application, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)” report has been added to ResearchAndMarkets.com’s offering.

The global legal marijuana market was 15.09 billion USD in 2017 and will reach 66.65 billion USD by 2023 with a CAGR of 28.09% during the period.

The application of marijuana for treatment of various chronic diseases is driving the growth of the market. The legalization of marijuana in developed countries is expected to support the growth of the market. The rising social acceptance of marijuana is also driving the market.

On the other hand, the adverse effects of marijuana on human health is restraining the growth of the market

North America is expected to account for largest share in coming years owing to legalization of marijuana and increase in use of marijuana in pharmaceutical sector. Asia-Pacific is projected to grow with higher CAGR during the period due to increasing government expenditure on healthcare sector.

Industry Trends & Updates

America’s largest liquor distributor, Southern Glazer’s, has announced that it will be entering the Canadian cannabis industry in partnership with one of Canada’s largest legal cannabis producers, Aphria. Companies ProfiledCanopy GrowthAphriaAurora CannabisMaricannTilrayThe Cronos GroupOrganigramABcannTikun OlammCigGreenGroNatural CannabisMonarchPotboticsCannabrandand more... Key Topics Covered

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Global Legal Marijuana Market Segmentation, Forecasts and Trends - by Type

6. Global Legal Marijuana Market Segmentation, Forecasts and Trends - by Application

7. Global Legal Marijuana Market Segmentation, Forecasts and Trends - by Region

8. Company Market Share Analysis

9. Company Profiles

10. Industry Structure

11. Global Legal Marijuana Market - The Road Ahead

For more information about this report visit https://www.researchandmarkets.com/research/n7fwmf/worldwide_legal?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181008005431/en/

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Related Topics:Analgesics

KEYWORD:

INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES PHARMACEUTICAL

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 10/08/2018 08:58 AM/DISC: 10/08/2018 08:58 AM

http://www.businesswire.com/news/home/20181008005431/en

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