Global Legal Marijuana Market – Key Players and Market Growth Strategies | Global Forecast 2025 - PowerPoint PPT Presentation

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Global Legal Marijuana Market – Key Players and Market Growth Strategies | Global Forecast 2025

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Title: Global Legal Marijuana Market – Key Players and Market Growth Strategies | Global Forecast 2025


1
Global Legal Marijuana Market
  • Drivers, Restraints, Potential Growth
    Opportunities, Vendor Competitive Landscape,
    Trends and Forecast 2018-2025

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2
Legal Marijuana Market Projected to Grow With a
Steady CAGR During 2018-2025
  • The global legal marijuana market size is
    anticipated to witness the growth of USD xx
    billion by end of 2025, due to an increasing
    adoption of marijuana in several medical
    treatments for chronic pain, cancer, and medical
    disorder. The legal cannabis market is likely to
    experience a propelled revenue growth in the near
    future as it is beneficial for human organs to
    heal major diseases, to destroy germs and purify
    filtration of blood in a human body.
  • Not everyone gives a heads up to marijuana as it
    holds negative effects of smoking at high volume
    and its use it for non-medicinal purposes.
    Looking at the potential the legal cannabis
    market holds, medical experts have come up with a
    positive response which can surely make people
    believe the benefits of marijuana in improving
    lung health, decreasing anxiety and stopping
    cancer from spreading.
  • Due to the positive response coming from experts,
    the legal marijuana industry has started gaining
    traction across the globe resulting in an
    increasing demand among consumers. The demand for
    medical marijuana is likely expected to hit a
    hard stroke to increase multiple impacts over the
    forecast period. As marijuana is legalized in
    Canada and believed to be a safe drug, the U.S.
    population supports marijuana for the
    recreational purpose. The U.S. is indeed destined
    to see a positive growth in the legal marijuana
    market size.
  • People are believing in products like marijuana
    oil which is generally produced from cannabis
    seeds owning to its increased effectiveness. The
    legal marijuana market is witnessing strong
    information exchange and technological growth.
    Countries like Australia, Germany, the U.S., and
    Canada are working on emerging market in terms
    sales and revenue volumes, whereas, countries
    like Israel is focusing on research and
    development and grasping knowledge transfer.

3
Legal Marijuana Market Projected to Grow With a
Steady CAGR During 2018-2025
  • Rise in Social Acceptance of Marijuana
  • The market is still in a position to raise social
    awareness of marijuana and growing business
    opportunities which apparently do not cause any
    harm to human health and can cure major diseases.
    The high growth rate expansion of the global
    legal marijuana market share has efficiently
    resulted in increase in revenue for cultivators,
    as well as dispensary owners. Ancillary
    businesses such as cannabis oil, bubblers,
    percolated bongs, hookah parlors, THC-infused ice
    cream, volcano vaporizers, and brownies are also
    reaching a higher demand resulting in the growing
    legal marijuana market size.
  • The luxury of cannabis products is emerging as a
    trend in the medical marijuana sector, as the use
    of cannabis through smoking can bring more harm
    to human organs. Several vendors are now
    introducing luxury cannabis products that can
    make consumers comfortable to obtain the real
    benefits from the same.
  • This luxury cannabis can be edible as it contains
    therapeutic doses. The dose can generally be
    obtained with a combination of water, which is
    the good escape from consuming cannabis without a
    smoke. Due to the growing development in the
    industry, cannabis is being added to edibles such
    as cookies, muffins, teas, brownies, chocolates,
    and chewing gums.
  • Browse the complete report on _at_
    https//www.adroitmarketresearch.com/industry-repo
    rts/legal-marijuana-market

4
Legal Marijuana Market Projected to Grow With a
Steady CAGR During 2018-2025
  • There are a few prominent market players in the
    industry who are re-producing and improvising the
    cannabis products for common consumer use, not
    familiar with a smoke. Madame Munchie is an
    organization placed in the US that creates
    cannabis-infused edible products. Defonce makes
    edible chocolates with a variety of flavors.
    Patients with major diseases can consume these
    edibles for a quick cure if recommended by their
    physicians.
  • These interesting words by Sara Gullickson,
    Founder and CEO of Dispensary Permits, defines
    the scope the legal marijuana industry holds, she
    says, If the industry continues to grow like
    weeds, we will see marijuana removed as a
    schedule 1 drug which will ignite a major shift
    in Marijuanas social and cultural narrative. The
    reference to WEED will be forgotten and it will
    instead be referred to as cannabis and given the
    clout (not street cred) it deserves. Once the
    Federal Government accepts marijuana, we will see
    opiate deaths reduce substantially. Marijuana
    will evolve into an Exit Drug, not a Gateway
    drug, and will be wildly accepted for its
    medicinal and wellness properties. It will become
    a standard household item, and not just another
    highly profitable tax generator. Most
    importantly, we, collectively, as industry
    activists, business professionals, politicians,
    patients, responsible humans, will take the
    stigma out of a plant that has been used for
    hundreds of years and has helped millions of
    people with dozens of medical conditions and/or
    ailments.
  • Purchase a single user copy of the global legal
    marijuana market report_at_ https//www.adroitmarketr
    esearch.com/researchreport/purchase/51

5
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
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    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
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    many more.
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