Legal Cannabis Market - PowerPoint PPT Presentation

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Legal Cannabis Market

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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. – PowerPoint PPT presentation

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Title: Legal Cannabis Market


1
Legal Cannabis MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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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. 

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3
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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 Outlook 
  • Canopy Growth Corporation,
  • Aurora Cannabis, 
  • Aphria Inc., 
  • Tilray, 
  • ABcann Medicinals Inc., 
  • The Cronos Group, 
  • Maricann Group, Inc.,
  • Organigram Holding Inc.,
  • Lexaria Corp. and
  • GW pharmaceuticals PLC.

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6
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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
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id19519

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
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