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How Much Will The Global Cannabis Market Grow Between 2021-2025?

New York, Dec. 13, 2021 (GLOBE NEWSWIRE) — announces the release of the report “Global Marijuana Market 2021-2025” –
Our report on the marijuana market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing legalization of marijuana and the health benefits of medical marijuana. In addition, the increasing legalization of marijuana is anticipated to boost the growth of the market as well.
The marijuana market analysis includes the product segment and geographic landscape.

The marijuana market is segmented as below:
By Product
• Medical marijuana
• Recreational marijuana

By Geographical Landscape
• North America
• Europe
• South America

This study identifies the increasing number of medical marijuana dispensariesas one of the prime reasons driving the marijuana market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on marijuana market covers the following areas:
• Marijuana market sizing
• Marijuana market forecast
• Marijuana market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading marijuana market vendors that include Aurora Cannabis Inc., Bhang Corp., Canopy Growth Corp., Jazz Pharmaceuticals Plc, Lexaria Bioscience Corp., Medical Marijuana Inc., MM Enterprises USA LLC, Tikun Olam, Tilray Inc., and VIVO Cannabis Inc. Also, the marijuana market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research – both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report:

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Source: Globenewswire