North America Cannabis Market Overview
The cannabis market has shown rapid growth in the past few years owing to the rapid demand increase for cannabis and related products. Market Research Future, which specializes in market reports related to the consumer and retail sector among others, recently published a report on this market. Expansion of the North American cannabis market size is estimated with a CAGR of 33% in the forecast period from 2016 to 2021.
Medical uses of cannabis are one of the major uses that have driven the demand for the market, especially in North America. The legalization of cannabis in many of the North American countries has led to the creation of further demand and enhanced the growth potential of the North American cannabis market Size outlook. Furthermore, the introduction of different cannabis included products has led to an expansion of the market size significantly. The utilization of cannabis to treat various medical ailments has been beneficial to the progress of the sector.
Global Competitive Analysis
A trend of volume-driven growth has been witnessed in the market of late with the development of different varieties of product types. The sector is undergoing a considerable transformation which has accelerated the growth pace of the sector. The industry players in the segment are efficiently utilizing their primary resources to initiate long-lasting growth changes. The best long-term growth opportunities for this sector can be harnessed by ensuring ongoing process improvements and maintaining financial flexibility to invest in the optimal strategies. Conversely, with companies aiming to capture a considerable share of the North American cannabis market segment as early as possible, experimentation with various advantage points is being seriously considered and implemented.
Major players in the North America cannabis market include:
- Cannavest
- Canadian Cannabis Corporation
- Tweed Marijuana Inc
- Affinor Growers.
- Plandai Biotechnology.
- Cannabis Sativa Inc
to name a few of the market players…
North America cannabis market Segmental Analysis
The North America cannabis market overview is categorized on the following basis:
Based on Derivatives: Industrial Hemp and Marijuana/Flowers, Other Concentrates/Products which include Keif, Hash, Hash Oil Etc.
Based on Applications type: Based on applications the market is segmented into applications of marijuana into medicinal applications, recreational applications and others, and applications of hemp into food and baby care, clothing & textile among others
Regional Analysis
The cannabis market in North America was over USD 3.5 billion in 2015. This industry was mainly operating in the black market; however, with developments in the medical applications of the derivatives such as marijuana and hemp this market experienced significant growth over the past few years. Presently, the cannabis market is not a bare collaboration of the growers or producers of marijuana and hemp; it is rather a conglomerate of science and technology. The U.S. is the largest market in the region was valued at over USD 3 billion and is anticipated to grow at a CAGR of over 30% between 2016 and 2021.
Access Complete Report @ https://www.marketresearchfuture.com/reports/cannabis-market-950
Industry Updates News:
Jan 2018 Tokyo Smoke merged with DOJA Cannabis Company Ltd., a Kelowna B.C.-based licensed producer, to create a new company, Hiku Brands Company Ltd., which was listed on the Canadian Securities Exchange recently. Tokyo Smoke of TS Brandco Holdings Inc had been attempting previously to maneuver into carefully cultivating a cannabis-cantered lifestyle brand leading up to recreational legalization in the country.
Jan 2018 Canopy Ventures, the new investment arm of a Boulder-based cannabis accelerator is raising a new pool of cash to help early-stage companies that have survived their start-up pains grow to the next level. They are launching a $50 million venture fund that will focus on tech-based cannabis companies. The accelerator, since its inception in 2015, has invested seed-stage capital in 73 companies, several of which have gone through its accelerator program. This new fund will help finance more mature, so-called growth stage companies.
Jan 2018 MedReleaf Corp announced recently that it has entered an arrangement with Canaccord Genuity Corp. and GMP Securities L.P. to buy, on a bought deal basis 3,800,000 units of the company at $26.50 per share for aggregate gross proceeds of $100.7 million. MedReleaf plans on using the net proceeds to fund the acquisition and/or construction of further cannabis production and manufacturing facilities in Canada as well as in other jurisdictions with federal legal markets.
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Cannabis Market has shown rapid growth in the past few years owing to rapid demand increase for cannabis and related products.
Market Research Future, who specializes in market reports related to the consumer and retail sector among others, recently published a report on this market.
Utilization of cannabis to treat various medical ailments has been beneficial to the progress of the sector.Industry SegmentsThe North America cannabis market is categorized on the following basis:On the basis of Derivatives: Industrial Hemp and Marijuana/Flowers, Other Concentrates/Products which include Keif, Hash, Hash Oil Etc.On the basis of Applications type: On the basis of applications the market is segmented into applications of marijuana into medicinal applications, recreational applications and others and applications of hemp into food and baby care, clothing & textile among othersRecieve a Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/950Detailed Regional AnalysisCannabis market in North America was over USD 3.5 billion in 2015.
This industry was mainly operating in the black market; however with developments in the medical applications of the derivatives such as marijuana and hemp this market experienced significant growth over the past few years.
Presently, the cannabis market is not a bare collaboration of the growers or producers of marijuana and hemp; it is rather a conglomerate of science and technology.
The U.S. being the largest market in the region was valued over USD 3 billion and is anticipated to grow at a CAGR over 30% between 2016 and 2021.Global Competitive AnalysisA trend of volume-driven growth has been witnessed in the market of late with the development of different varieties of product types.
Cannabis market is a type of drug that is obtained from plants such as cannabis indica and cannabis sativa.
Cannabis plant has several medical as well as recreational usages.
In medical, cannabis is reported to treat nausea, vomiting, chronic pains, asthma and many more diseases.
The plant also has psychoactive and physiological effects when taken into the body.North America cannabis market is projected to register a healthy CAGR in the forecast period of 2019 to 2026.This North America Cannabis Market research report intensely analyses the potential of the market with respect to current scenario and the future prospects by considering several industry aspects of Cardinal Health industry.
The report also recognizes and analyses the rising trends along with major drivers, challenges and opportunities in the market.
This North America Cannabis Market report provides major statistics on the market status of global and regional manufacturers and is a helpful source of assistance and direction for companies and individuals interested in Healthcare industry.
Straits Research has added a new report titled, North America Beverage Can Market Professional Report 2021” to its vast repository of research reports.
This is a thorough report focused on the current and future prospects of the North America Beverage Can Market.
The report offers data of previous years along with in-depth analysis from 2021 to 2029 on the basis of revenue (USD Billion).
Besides, the report offers a comprehensive analysis about the factors driving and restraining the growth of the market coupled with the impact they have on the demand over the forecast period.The study gives a clear view of the North America Beverage Can Market and includes a detailed competitive scenario and thorough company profile of the key players operating in it.
To get a clear idea of the competitive landscape in the market, the report conducts an analysis of Porter’s Five Forces Model, SWOT analysis, and Pestel analysis.
The report also provides a market attractiveness analysis, in which the segments and sub-segments are studied on the basis of their market size, growth rate, and general attractiveness.Request Sample Report of North America Beverage Can Market @ https://straitsresearch.com/report/north-america-beverage-can-market/request-sampleThe report is segmented as follows:Major Key players covered in this report:Ball Corporation, Allstate Can Corporation, Ardagh Group S.A., Land & Sea Packaging, Crown Holdings, Inc., Envases Group, Gamer Packaging, Inc., Metal Container Corporation, Silgan Containers LLC, among others., ,By Type Aluminum, Steel, By Application Beer, Wine, Carbonated Soft Drinks, RTD Fruit and Vegetable Juices, Others, By Country The U.S., Canada, Mexico Some of the major geographies included in the market are given below:North America (U.S., Canada)Europe (U.K., Germany, France, Italy)Asia Pacific (China, India, Japan, Singapore, Malaysia)Latin America (Brazil, Mexico)Middle East & AfricaKey questions answered in the report includeWhat will the North America Beverage Can market size and the growth rate be in 2029?What are the key factors driving the global market?Who are the key vendors in the North America Beverage Can Industry?What are the market opportunities and threats faced by the vendors in the North America Beverage Can market?Trending factors influencing the market sharesWhat are the key outcomes of the five forces analysis of the North America Beverage Can?Key Points Covered in the Table of Content:Chapter 1 to explain Introduction, market review, market risk and opportunities, market driving force, product scope of North America Beverage Can Market;Chapter 2 to inspect the leading manufacturers (Cost Structure, Raw Material) with sales Analysis, revenue Analysis, and price Analysis of North America Beverage Can Market;Chapter 3 to show the focused circumstance among the best producers, with deals, income, and North America Beverage Can market share 2021;Chapter 4 to display the regional analysis of North America Beverage Can Market with revenue and sales of an industry, from 2021 to 2029;Chapter 5, 6, 7 to analyze the key countries (United States, China, Europe, Japan, Korea & Taiwan), with sales, revenue and market share in key regions;Chapter 8 and 9 to exhibit International and Regional Marketing Type Analysis, Supply Chain Analysis, Trade Type Analysis;Chapter 10 and 11 to analyze the market by product type and application/end users (industry sales, share, and growth rate) from 2021 to 2028Chapter 12 to show North America Beverage Can Market forecast by regions, forecast by type and forecast by application with revenue and sales, from 2021 to 2029;Chapter 13, 14 & 15 to specify Research Findings and Conclusion, Appendix, methodology, and data source of North America Beverage Can market buyers, merchants, dealers, sales channel.Read the full report: @ https://straitsresearch.com/report/north-america-beverage-can-marketAbout Us:Straits Research is a leading market research and market intelligence organization, specializing in research, analytics, and advisory services along with providing business insights & market research reports.For more details, please contact us -Straits Research Address:825 3rd Avenue, New York, NY 10022Email: [email protected]: +1 646 480 7505Website: https://straitsresearch.com/
ReportCrux Market Research has published a new report titled “Cannabis Market by Product (Concentrates, Flower and Others); by Compound (Cannabidiol (CBD)-dominant, Tetrahydrocannabinol (THC)-dominant and Balanced CBD & THC); by Application (Medical and Recreational) and by Region: Global Industry Trends, Dynamics, Competitive Insights and Forecast Analysis, 2020 – 2027”.Cannabis Market SizeCannabis Market is estimated to grow from USD 14.29 Billion in 2019 to USD 128.36 Billion by 2027, at a CAGR of 31.7% during 2020-2027Market OverviewCannabis is a drug derived from the Cannabis Sativa, Cannabis Indica, and hybrid strains.
Species of cannabis are used to produce hemp fiber which is used in the production of clothing, textile and paper.It is used for medicinal purpose since many years and is associated for treating various conditions like vomiting and nausea.
In 2013 after the U.S., Uruguay became the first country to legalize usage of marijuana.
As more countries are shifting from complete legalization to now partially legalizing it, the cannabis market will experience a positive growth in the upcoming years.Key Players Analysis:Major players in Cannabis market are Medical Marijuana, Inc. (US), Terra Tech Corp. (US), Cannabis Science Inc. (US), MedMen (US), Canopy Growth Corporation (Canada), Tilray Inc. (Canada), Aphria Inc. (Canada), Aurora Cannabis Inc. (Canada), Maricann Group Inc. (Canada), Cronos Group Inc. (Canada), VIVO Cannabis Inc. (Canada), STENOCARE (Denmark) and Tikun Olam (Israel) among others.
Also, various products like salves, tinctures, elixirs, creams and poultices can be made from the flowering tops which are used for treating the internal and external aliments.By Compound:Based on compound type, the market is categorized into Cannabidiol (CBD)-dominant, Tetrahydrocannabinol (THC)-dominant and Balanced CBD & THC.
THC also has various medicinal benefits which are helpful in relieving insomnia, appetite loss, nausea and similar symptoms.By Application:Based on application, the market is divided into Medical and Recreational.
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