Report Overview:
The following report titled “North America Cannabis Market: By Application (Medical Use {Chronic Pain, Mental Disorder, Cancer, Others [Nausea, Muscle Spasms, Migraine, Glaucoma], Self-Consumption / Private Use), By Product Type (Flower, Oil), By Distribution Channel (Regulated Dispensary, Recreational Stores, Stand-Alone Retailers, Online Portals) and other forecast 2022-2027” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.
North America Cannabis Market Summary
The North America Cannabis Market is anticipated to grow at a CAGR of around 27.7% during the forecast period, i.e., 2022-27, says MarkNtel Advisors. The growing legal landscape in North America is offering a way to the full legalization & decriminalization of cannabis, which is why it is gaining immense prominence for both recreational & medical purposes.
Report Coverage & Details
- Forecast Period: 2022-2027
- Base Year: 2021
- CAGR: 27.7%
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North America Cannabis Market Driver:
- A rapid surge in the legalization & social acceptance of cannabis
- The rise in cannabis-based consumables
- Snowballing medical use of cannabis.
Segmentation Analysis: North America Cannabis Market
By Application
- Medical Use
- Chronic Pain
- Mental Disorder
- Cancer
- Others (Nausea, Muscle Spasms, Migraine, Glaucoma)
- Self-Consumption / Private Use
By Product Type
- Flower
- Oil
By Distribution Channel
- Regulated Dispensary
- Recreational Stores
- Stand-Alone Retailers
- Online Portals
By End-User
- Patients
- Research Institute
- Research Companies
By Country
- US
- Canada
- Mexico
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Region: Canada Holds a Major Market Share
Of all, Canada is anticipated to dominate the market with the largest share during the forecast period.
Leading Players Analysis: North America Cannabis Market
The report provides detailed analysis of key players in the North America Cannabis market, highlighting their strategies and competitive scenario.
- 22nd Century Group Inc
- Medical Marijuana Inc
- Hemp Inc
- Axim Biotechnologies Inc
- Arena Pharmaceuticals Inc.
- Canopy Growth Corporation
- Aphria Inc
- Aurora Cannabis Inc
- Abcann Medicinals Inc
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- Competitive Benchmarking: The availability of competitive benchmarking data allows stakeholders to assess their performance against industry peers, identify areas for improvement, and capitalize on strengths.
- Identifying Investment Opportunities: Through trend analysis and industry insights, stakeholders can identify attractive investment opportunities and stay ahead in the market for better ROI.
About us
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, Saudi Arabia, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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