Cannabis is one of the most illicit used drug, which is very popular globally. Cannabis is basically a flowering plant from the Cannabaceae family. Cannabis is popular by its various names such as hemp and marijuana. The two terms are used for different purposes. Hemp is generally used to refer only the varieties of cannabis cultivated for non-drug use or for non- psychoactive effects.
The term marijuana is used to refer the psychoactive cannabis or the cannabis which is used for the ... Read more
With reference to the latest market forecast report published by Transparency Market Research, on the title ‘Legalized Cannabis Market: Global Industry Analysis and Opportunity Assessment 2018-2027', revenue generated from the global legalized cannabis market has been estimated to be valued around US$ 19.96Bn in 2018, which is projected to increase at a CAGR of 17.2% to US$ 81.4Bn in 2027, during the forecast period (2018-2027).
With reference to the latest market forecast report published by Transparency Market Research, on the title ‘Legalized Cannabis Market: Global Industry Analysis and Opportunity Assessment 2018-2027', revenue generated from the global legalized cannabis market has been estimated to be valued around US$ 19.96Bn in 2018, which is projected to increase at a CAGR of 17.2% to US$ 81.4Bn in 2027, during the forecast period (2018-2027).
As cannabis is getting gradually legalized across the US, doors are opening wide for investors and businesses to expand in the pot space, with companies scrambling to capitalize on surging marijuana demand with new lines of hemp-infused products. Transparency Market Research (TMR) compiled a study on ‘Legalized Cannabis Market’, which, according to the study, is witnessing colossal changes. Several ... Read more
The research report provides valuable insights into demand drivers, geographical outlook, and competitive landscape of the Legalized Cannabis Market for the forecast period. Further, it throws light on restraints as well discusses opportunities at length that are likely to come to the fore over the forecast period. The analysis thus provided helps market stakeholders with business planning and to gauge scope of expansion in the Legalized Cannabis Market over ... Read more
