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Economy Going “High” as Cannabis Gets the Legal Stamp | Technavio

August 9, 2018

LONDON--(BUSINESS WIRE)--Aug 9, 2018--Marijuana legalization is one of the most controversial and heavily discussed topics in recent times. Many countries are engaged in the process of legalizing marijuana as the substance has been proven to help those with cancer, chronic pain, and even children with behavioral disorders. However, that builds a case for the medical marijuana market which is anyway slated to grow at a CAGR of 21% by 2022.

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Technavio has published a new market research report on the global legal marijuana market from 2018-2022. (Graphic: Business Wire)

What could be the reason behind the legalization of marijuana for recreational purposes?

Technavio’s research investigates the reasons that are incentivizing the legalization of recreational marijuana. It explores the impact of this legislation on the economy, stakeholders, and investors. This blog will provide fresh insights that can help gain an understanding of the opportunities and challenges associated with this volatile market.

Find out what is driving this move. Read ’

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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CONTACT: Technavio Research

Jesse Maida

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SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 08/09/2018 04:15 PM/DISC: 08/09/2018 04:15 PM

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