Title: Legal Cannabis Market
1Legal Cannabis MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Legal Cannabis Market size is estimated at 10.2
billion in 2020 and is predicted to grow as CAGR
of 25.2 during the forecast period 2021-2026.
Legal Cannabis is also known as medical
marijuana. One of the key elements increasing
demand for legal cannabis is the licensing of
cannabis for adult usage. - Anxiety, delusions, hallucinations, panic,
paranoia, and psychosis can occur as side effects
of consuming cannabis. In nations where cannabis
for adult use has been allowed, such as North
America, the industry has observed a shift in
patients choosing to consume cannabis for
recreational rather than therapeutic purposes.
This could be because of the low prices and quick
availability.Â
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- Key Takeaways
- This report provides an analytical depiction of
the global Legal Cannabis Market, as well as
current trends and future projections, in order
to identify the most potential growth
opportunities. - The study includes data on major drivers,
challenges, and trends, as well as a complete
analysis of the market share for Legal Cannabis
Market. - To highlight the worldwide Legal Cannabis Market
growth scenario, the existing market is
statistically examined from 2021 to 2026. - A detailed Value Chain Analysis based on past
data and current market trends included in the
research.
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By Distribution Channel- Segment Analysis The
cannabis flower is majorly used for recreational
purposes. It creates a long lasting sensation of
relaxation in body and mind and is increasingly
popular amongst teenagers of legal age and
millennials. The flower can be dried and used as
a substitute for tobacco. According to medical
research it produces less harmful effects than
smoking tobacco or drinking alcohol, thus it has
gained popularity in recreational activities.
With increase in legalization of cannabis across
different countries, this sector is expected to
drive the Legal Cannabis Market grow
significantly.
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- Legal Cannabis Market Industry OutlookÂ
- Canopy Growth Corporation,
- Aurora Cannabis,Â
- Aphria Inc.,Â
- Tilray,Â
- ABcann Medicinals Inc.,Â
- The Cronos Group,Â
- Maricann Group, Inc.,
- Organigram Holding Inc.,
- Lexaria Corp. and
- GW pharmaceuticals PLC.
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Legal Cannabis Market - Forecast(2022 -
2027) Learn More About the Report _at_
https//www.industryarc.com/Report/19519/legal-ca
nnabis-market.html
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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