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Cannabis Market boosted by rising demand for digitization in organizations with key player Aphria Inc., Aurora Cannabis, Cannabis Science Inc, Canopy Growth Corporation, Medical Marijuana

Press release   •   May 21, 2019 17:16 IST

Cannabis Market

Cannabis belongs to the cannabaceae family. Cannabis is also known with other names such as grass, pot, hash, weed, reefer, dope, herb, mull, buddha, ganja, joint, stick, buckets, cones, skunk, hydro, yarndi, smoke and hooch. Cannabis has long been used as vegetables and as juice, medicinal purposes and as a recreational drug. Cannabis is basically a drug that is obtained from Indian hemp plants named cannabis indica and cannabis sativa. There are different forms of cannabis available such as marijuana, hashish and Hash oil. Some species of cannabis are used to produce hemp fiber for use in paper, textiles and clothing. Cannabis is used for medical purposes for many years. Recent studies show that cannabis may be useful to help conditions such as nausea and vomiting, particularly when associated with chemotherapy, glaucoma, epilepsy and asthma.

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    This market intelligence report on Cannabis market evaluates and presents a worldwide market scenario along with market estimates, insights and projections for a timeframe of 2019 to 2027. This examination the market dynamics that are foreseen to influence the market growth in a coming couple of years. Also, the report clarifies the effect of the key factors like drivers and restraints for market development. Future trends and opportunities in the global Cannabis market have also been mentioned in the study.

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    A comprehensive view of the Cannabis market is covered with competitive landscape and analysis of PEST analysis for the market. PEST analysis provides information on a political, economic, social and technological perspective of the macro-environment from Cannabis market perspective that helps market players understand the factor which can affect business's activities and performance.

    The study encompasses a market potential analysis, all the major segments are detailed with their market size, growth rate, and potential opportunities. Companies Profiled in this report includes Aphria Inc., Aurora Cannabis, Cannabis Science Inc, Canopy Growth Corporation, Medical Marijuana, Inc., MME, LLC., STENOCARE A/S, Terra Tech Corp, Tikun Olam, VIVO Cannabis.

    The global cannabis market is segmented on the basis of product type, application and compound. Based on product type the global cannabis is divided into, flower, concentrates and others. Likewise, on the basis of application the market is categorized into, medical and recreational. The medical segment is further bifurcated into pain management, neurological health management, mental health management and others. On the basis of compound, the global cannabis market is segmented into Tetrahydrocannabinol (THC)-Dominant, Cannabidiol (CBD)-Dominant and Balanced THC & CBD.

    Leading Cannabis market players are profiled in the report with key facts, product portfolio, business performance, and strategic initiates. The challenges faced by them and the reasons they are in that position is explained to help make a well-informed decision. Competitive landscape of the Cannabis market is given presenting detailed insights into the company profiles including developments such as merges &acquisitions, collaborations, joint ventures, new production, expansions, and SWOT analysis.

    Our research content is primarily focused on the quantification of market developments in terms of market sizing and forecasting. Studding company activities help design the competitive landscape, and forecast market numbers at regional and level. We provide a detailed break-up of segmentation in terms of geography, Cannabis, Cannabis and Cannabis etc.; which helps our clients to get a deeper analysis of various research topics

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    The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, Healthcare and Telecommunication industries.

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