Marijuana Market Share, Growth | Industry Analysis Report, 2026

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2. Latest Report Marijuana Market Share, Growth | Industry Analysis Report, 2026

3. The global marijuana market size is expected to enlarge during the forecast period, 2020−2026. Marijuana is commonly termed as cannabis that offers therapeutic applications and medicinal benefits. With its legitimate use, it is one of the widely used ingredient in the medicinal field. On the flip side, it attracts drug traffickers due to its high street value and volumetric consumption. • Further, marijuana production is now legalized in various parts of the world owing to its medicinal advantages and scientific study. For instance, tetrahydrocannabinol (THC) is an extensively used medicinal drug in form of oil, tinctures, and capsules.

4. Although stringent regulations by the government for scientific study of marijuana limits the scope of research. For instance, US Food and Drugs Administration has not approved marijuana as a medicinal plant and hence there is less evidence to support the medicinal benefits of marijuana in humans. However, there have been several studies that support cannabinoids in cannabis offer medicinal uses such pain management, improving memory and concentration, and senses. • Request Free Sample: https://dataintelo.com/request-sample/?reportId=131455

5. Market Trends, Drivers, Restraints and Opportunity: • The marijuana market is significantly driven by growing popularity of cannabis products, government support, and growing medical use. Consumer demand for marijuana products is one of the major demand drivers. Companies with a high spending on marketing and advertising of importance of marijuana products tend to supplement the consumer demand • Product innovation, cannabis-infused edibles with cannabinoids are acting as growth drivers to the market. Infused products for child group such as candies, chocolates have a high popularity and enable a positive traction for marijuana market growth’ • Growing sales of edibles and increase in packaging innovation is expected to induce new opportunities for market growth in the near future

6. On contrary, marijuana faces legalization issues and still pertinent in various economies across the globe. The high rate of criminalization and illegal sale of marijuana across economies are some challenging factors • Scope of the Report: • The report on global marijuana market includes an assessment of the market size, share, trends, segments, regional markets and competitive scenarios. Segment overview and dynamics have been included in the report.

8. Marijuana Market Segment Shares Insights • Buds are the leading type for marijuana market • By type, the marijuana market can be segmented as buds, oils, and tinctures. Buds are the leading segment attributing to rise in popularity and presence of cannabinoids. Oils are the second leading segment and mainly driven by the high penetration of marijuana oil owing to favorable demand. • North America maintains a high dominance in the global market • By region, the marijuana market can be segmented as North America, South America, Europe, Asia Pacific, Middle-East and Africa. North America accounts for a high significance in the global scenario attributing to legalization of marijuana in terms of medical use. For instance, Washington and Colorado have legalized the use of marijuana in the recent years. Canada holds the large share attributing to wide availability and medical awareness. Asia Pacific is the second leading market for marijuana in terms of consumer demand and stringent norms and regulations by the government.

9. Competitive Landscape: • Some of the key players in the marijuana market are Aphria Inc., Canopy Growth Corporation, Aurora Cannabis, ABcann Medicals Inc., Lexaria Corp, and Organigram Holding Inc., The key players are adopting innovative methods for product launch to strengthen their geographical presence. The trends and analysis for mergers & acquisitions, strategic collaboration and partnership alliances are some of the growth strategies identified. • Segments Covered in the Report: • The global marijuana market can be segmented based on Application, Product, Type, and region.

10. By Application: • Mental Disorders • Chronic Pain • Cancers • By Product Type: • Tinctures • Oils • Buds • By Region: • North America • LAMEA • Europe • Asia Pacific • Middle-East • Africa

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