Legal Marijuana Market

Marijuana is one of the most abused drugs in the world. And Legal Marijuana Market studies the Legal Marijuana.

The commercial marijuana industry exists on a state-by-state basis, and all medical and recreational programs are technically in violation of federal drug laws. The U.S. Department of Justice issued some guidelines in recent years that helped the marijuana industry gain traction, but these are not legally binding and could theoretically be nullified at any time.

A medicinal cannabis product refers to a product which includes cannabis, and its chemical components (cannabinoids), that can be used for curing, or alleviating the symptoms of disease, ailment or injury.The two main cannabinoids that have been identified for therapeutic application are the psychoactive 9-tetrahydrocanabinol (THC) and non-psychoactive Cannabidiol (CBD).

Legal Marijuana Market contains market size and forecasts of Legal Marijuana in global, including the following market information:

Global Legal Marijuana Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Legal Marijuana Market Sales, 2017-2022, 2023-2028, (Kg)

Global top five Legal Marijuana companies in 2021 (%)

The global Legal Marijuana market was valued at 28400 million in 2021 and is projected to reach US$ 140410 million by 2028, at a CAGR of 25.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Indoor Cultivation Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Legal Marijuana include Medicine Man, Canopy Growth, Aphria, Aurora Cannabis Inc. and MCig Inc, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Legal Marijuana manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Legal Marijuana Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kg)

Global Legal Marijuana Market Segment Percentages, by Type, 2021 (%)

Indoor Cultivation

Outdoor Cultivation

Greenhouse Cultivation

Global Legal Marijuana Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kg)

Global Legal Marijuana Market Segment Percentages, by Application, 2021 (%)

Recreational

Medical

Global Legal Marijuana Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kg)

Global Legal Marijuana Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Legal Marijuana revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Legal Marijuana revenues share in global market, 2021 (%)

Key companies Legal Marijuana sales in global market, 2017-2022 (Estimated), (Kg)

Key companies Legal Marijuana sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Medicine Man

Canopy Growth

Aphria

Aurora Cannabis Inc.

MCig Inc