Market Research Future published a Cooked Research Report on Global Legal Marijuana Market, which is estimated to grow at a CAGR of 22.03% during the forecast period 2016-2022
Market Overview:
Marijuana is dried leaves, stems, flowers or seed of Cannabis sativa or Cannabis indica plant. The consumption of marijuana is limited to certain countries where it is known as legal marijuana. Major share of the legal marijuana consumption was witnessed in ... Read more
The global legal marijuana market has witnessed constant demand during the last few years and is projected to reach USD 4.69 billion at a CAGR of 22.03% by 2022. Many health benefits associated with marijuana is increasing its application in the medical sector. The demand for legal marijuana is increasing for recreational activity, which is driving the growth of the market. Furthermore, high consumption in North America, mainly in the U.S. and Canada ... Read more
Legal marijuana is majorly consumed in various regions of the world for medical and recreational purposes. Growing adoption of legal marijuana for several medical purposes as a treatment for cancer, mental disorders, chronic pain and others are propelling the growth of the global legal marijuana market.
Possession and consumption of marijuana is a legal offence in many countries. Whereas, it is now being legalized in various ... Read more
Marijuana is dried leaves, stems, flowers or seed of Cannabis sativa or Cannabis indica plant. The consumption of marijuana is limited to certain countries where it is known as legal marijuana. Major share of the legal marijuana consumption was witnessed in North America, which held 69.3% of market share in the year 2016. Legal marijuana is widely used in the medical sector for the treatment of various diseases such as cancer, multiple sclerosis, HIV/AIDS, and others. ... Read more
Increasing legalization of marijuana in different countries is encouraging the growth of legal marijuana market. Thus, the application of legal marijuana in medical sector is witnessing a rapid growth at a global level. Moreover, marijuana oil and hemp seeds are now also being used in personal care products and are found to heal skin conditions including psoriasis, skin rashes, and eczema, which is adding fuel to the growth of the legal marijuana ... Read more
The Legal Marijuana market involves the cultivation, processing, distribution, and sale of Cannabis and Cannabis-infused products for medical and recreational use. With over 30 states in the US, 15 countries in Europe and South America and South Africa legalizing medical marijuana, the market for legal cannabis and Cannabis-derived consumer products is increasingly gaining traction. Cannabis has several medical applications for alleviating symptoms of cancers, epilepsy, multiple sclerosis, ... Read more
