Global Legal Cannabis Market: Size, Trends and Forecast (2018-2022)

Scope of the Report

The report entitled “Global Legal Cannabis Market: Size, Trends and Forecast (2018-2022)” provides an in-depth analysis of the legal cannabis market including detailed description of market sizing and growth. The report provides an analysis of the global legal cannabis market by value and by region. The report also includes regional analysis of the US, Canada and the international legal cannabis market. The report also provides detailed regional analysis of legal cannabis market by value, by segments and includes in-depth segment analysis as well. Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global legal cannabis market has also been forecasted for the period 2018-2022, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The major players dominating the legal cannabis market are mCig, Inc., Canopy Growth Corporation, GW Pharmaceuticals and Arena Pharmaceuticals. The four companies have been profiled in the report providing detailed analysis of their financial information and business strategies.

Country Coverage

Canada
The US
International

Company Coverage

mCig, Inc.
Canopy Growth Corporation
GW Pharmaceuticals
Arena Pharmaceuticals

Executive Summary

Cannabis is a genus of flowering plants which includes three varieties or species: Cannabis sativa, Cannabis indica and Cannabis ruderalis. Cannabis is used for a variety of purposes such as for fiber, for seed and seed oils and for recreational and medical purposes. Cannabis can be consumed by using various methods such as smoking, vaporization or consumed in the form of edibles, cannabis oils and tinctures or as raw cannabis. The cannabis plant contains various active chemicals known as cannabinoids which are found with other active chemicals such as terpenoids and flavonoids. Cannabis is consumed by recreational users for a lot of purposes including pain relief, better sleep, relaxing or for the treatment of anxiety, Alzheimer’s disease, multiple sclerosis, glaucoma and depression.

The global legal cannabis market has been segmented on the basis of type, chemical derivatives, end-use, product type and medical applications. On the basis of type, the market is segmented into medical and recreational. Chemical derivatives of cannabis includes tetrahydrocannabinol (THC), cannabidiol (CBD) and hybrid. Various end-users of the legal cannabis market are pharmaceutical industry, research and development centers and others. On the basis of product type, the legal cannabis market is segmented into buds, oil and tinctures. Cannabis also has some medical applications and is used in the treatment of various diseases such as chronic pain, arthritis, migraine, cancers and other diseases.

The global legal cannabis market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2018-2022). The market is expected to be driven by various growth enhancing factors such as rising investments in the cannabis industry, growth of vaporizer market, growing number of medical cannabis patients, rapid cannabis legalization, rising cannabis consumption etc. However, the market is not free from challenges that are hindering its growth. Some of the major challenges faced by the market are lack of banking and financial services, complex distribution and marketing process and high taxes.

Tags :

Figure 1: Cannabis Species
Figure 2: Types of Cannabis Extracts
Figure 3: Risks of Cannabis Use
Figure 4: Cannabis Segmentation
Figure 5: Global Legal Cannabis Market by Value; 2016-2017 (US$ Billion)
Figure 6: Global Legal Cannabis Market by Value; 2018-2022 (US$ Billion)
Figure 7: Global Legal Cannabis Market by Region; 2017 (Percentage, %)
Figure 8: Canada Legal Cannabis Market by Value; 2016-2017 (US$ Billion)
Figure 9: Canada Legal Cannabis Market by Value; 2018-2022 (US$ Billion)
Figure 10: Canada Legal Cannabis Market by Segments; 2017-2018 (Percentage, %)
Figure 11: Canada Medical Cannabis Market by Value; 2016-2017 (US$ Billion)
Figure 12: Canada Medical Cannabis Market by Value; 2018-2022 (US$ Billion)
Figure 13: Canada Recreational Cannabis Market by Value; 2018-2022 (US$ Billion)
Figure 14: The US Legal Cannabis Market by Value; 2016-2017 (US$ Billion)
Figure 15: The US Legal Cannabis Market by Value; 2018-2022 (US$ Billion)
Figure 16: The US Legal Cannabis Market by Segments; 2017 (Percentage, %)
Figure 17: The US Medical Cannabis Market by Region; 2017 (Percentage, %)
Figure 18: The US Recreational Cannabis Market by Value; 2016-2017 (US$ Billion)
Figure 19: The US Recreational Cannabis Market by Value; 2018-2022 (US$ Billion)
Figure 20: The US Medical Cannabis Market by Value; 2016-2017 (US$ Billion)
Figure 21: The US Medical Cannabis Market by Value; 2018-2022 (US$ Billion)
Figure 22: The US Medical Cannabis Market by Application; 2017 (Percentage, %)
Figure 23: Chronic Pain Medical Cannabis Market by Value; 2017-2022 (US$ Billion)
Figure 24: Arthritis Medical Cannabis Market by Value; 2017-2022 (US$ Billion)
Figure 25: Migraine Medical Cannabis Market by Value; 2017-2022 (US$ Billion)
Figure 26: Cancer Medical Cannabis Market by Value; 2017-2022 (US$ Million)
Figure 27: Other Medical Cannabis Market by Value; 2017-2022 (US$ Million)
Figure 28: California Cannabis Market by Value; 2016-2017 (US$ Billion)
Figure 29: California Cannabis Market by Value; 2018-2022 (US$ Billion)
Figure 30: Massachusetts Cannabis Market by Value; 2016-2017 (US$ Million)
Figure 31: Massachusetts Cannabis Market by Value; 2018-2022 (US$ Million)
Figure 32: Colorado Cannabis Market by Value; 2016-2017 (US$ Billion)
Figure 33: Colorado Cannabis Market by Value; 2018-2022 (US$ Billion)
Figure 34: New Mexico Cannabis Market by Value; 2016-2017 (US$ Million)
Figure 35: New Mexico Cannabis Market by Value; 2018-2022 (US$ Million)
Figure 36: Vermont Cannabis Market by Value; 2016-2017 (US$ Million)
Figure 37: Vermont Cannabis Market by Value; 2018-2022 (US$ Million)
Figure 38: Florida Cannabis Market by Value; 2017-2022 (US$ Billion)
Figure 39: Illinois Cannabis Market by Value; 2016-2017 (US$ Million)
Figure 40: Illinois Cannabis Market by Value; 2018-2022 (US$ Million)
Figure 41: Maryland Cannabis Market by Value; 2017-2022 (US$ Million)
Figure 42: International Legal Cannabis Market by Value; 2016-2017 (US$ Billion)
Figure 43: International Legal Cannabis Market by Value; 2018-2022 (US$ Billion)
Figure 44: Global Cannabis Industry Investments; 2013-2017 (US$ Million)
Figure 45: Global Vaporizers and Accessories Market Sales; 2014-2022 (US$ Billion)
Figure 46: Canada Medical Cannabis Patients; April 17-March 18 (Thousands)
Figure 47: Number of Legalized States in the US for Medical Cannabis; 2013-2017
Figure 48: The US Cannabis Consumption Rate; 2012-2016 (Percentage, %)
Figure 49: Canada Cannabis Prices; 2012-2017 (US$ per gram)
Figure 50: Number of Legal Recreational Cannabis Users in Canada; 2018-2021 (Million)
Figure 51: Global Consumer Expenditure and Disposable Income Growth Rate; 2012-2016 (Percentage, %)
Figure 52: The US Cannabis Tax Revenue; 2016-2021 (US$ Billion)
Figure 53: Legal Cannabis Spending by Region; 2017-2022 (US$ Billion)
Figure 54: Global Blockchain Market by Value; 2016-2021 (US$ Billion)
Figure 55: Number of American Cannabis Companies Trading on Canadian Securities Exchange; 2014-2018
Figure 56: Global Legal Cannabis Players by Market Share; 2017 (Percentage, %)
Figure 57: Global Legal Medical Cannabis Players by Market Share; 2017 (Percentage, %)
Figure 58: mCig, Inc. Revenue; 2014-2018 (US$ Million)
Figure 59: mCig, Inc. Revenue by Segments; 2018 (Percentage, %)
Figure 60: Canopy Growth Corporation Revenue; 2015-2018 (US$ Million)
Figure 61: GW Pharmaceutical Revenue; 2013-2017 (US$ Million)
Figure 62: GW Pharmaceutical Revenue by Segments; 2017 (Percentage, %)
Figure 63: GW Pharmaceutical Revenue by Region; 2017 (Percentage, %)
Figure 64: Arena Pharmaceuticals Total Revenue; 2013-2017 (US$ Million)
Table 1: THC/CBD Color Spectrum
Table 2: Use of Cannabis in Medical Treatments
Table 3: Cannabis Ingestion Methods
Table 4: Global Legal Cannabis Market Players Financial Comparison; 2017/2018
Table 5: Global Legal Cannabis Market Players by Cannabis-based Pharmaceutical Products
Table 6: Canada Legal Cannabis Market Players by Production Capacity (Thousands of kg)