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Global Legal Marijuana Market Research Report 2024

Global Legal Marijuana Market Research Report 2024

Publishing Date : Jan, 2024

License Type :
 

Report Code : 1410651

No of Pages : 82

Synopsis
Marijuana is one of the most abused drugs in the world. And this report studies the Legal Marijuana.
The commercial marijuana industry exists on a state-by-state basis, and all medical and recreational programs are technically in violation of federal drug laws. The U.S. Department of Justice issued some guidelines in recent years that helped the marijuana industry gain traction, but these are not legally binding and could theoretically be nullified at any time.

A medicinal cannabis product refers to a product which includes cannabis, and its chemical components (cannabinoids), that can be used for curing, or alleviating the symptoms of disease, ailment or injury.The two main cannabinoids that have been identified for therapeutic application are the psychoactive 9-tetrahydrocanabinol (THC) and non-psychoactive Cannabidiol (CBD).

The global Legal Marijuana market was valued at US$ 27600 million in 2023 and is anticipated to reach US$ 148070 million by 2030, witnessing a CAGR of 26.8% during the forecast period 2024-2030.

Market competition is not intense. Medicine Man, Canopy Growth, Aphria, Aurora Cannabis Inc. and MCig Inc are the leaders of the industry, and they hold key technologies and patents, with high-end customers, have been formed in the monopoly position in the industry. Top three are Medicine Man, Canopy Growth and Aphria got about 95% market shares.

North America is the largest consumption place, with a consumption market share nearly 75% in 2016. Following North America, Europe is the second largest consumption place with the consumption market share of 12%.

This report aims to provide a comprehensive presentation of the global market for Legal Marijuana, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Legal Marijuana.

Report Scope

The Legal Marijuana market size, estimations, and forecasts are provided in terms of sales volume (Kg) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Legal Marijuana market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Legal Marijuana manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

By Company

  • Medicine Man
  • Canopy Growth
  • Aphria
  • Aurora Cannabis Inc.
  • MCig Inc

Segment by Type

  • Indoor Cultivation
  • Outdoor Cultivation
  • Greenhouse Cultivation
  • Segment by Application
  • Recreational
  • Medical

Consumption by Region

  •  North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Legal Marijuana manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Legal Marijuana in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.

Index

1 Legal Marijuana Market Overview
1.1 Product Overview and Scope of Legal Marijuana
1.2 Legal Marijuana Segment by Type
1.2.1 Global Legal Marijuana Market Value Comparison by Type (2024-2030)
1.2.2 Indoor Cultivation
1.2.3 Outdoor Cultivation
1.2.4 Greenhouse Cultivation
1.3 Legal Marijuana Segment by Application
1.3.1 Global Legal Marijuana Market Value by Application: (2024-2030)
1.3.2 Recreational
1.3.3 Medical
1.4 Global Legal Marijuana Market Size Estimates and Forecasts
1.4.1 Global Legal Marijuana Revenue 2019-2030
1.4.2 Global Legal Marijuana Sales 2019-2030
1.4.3 Global Legal Marijuana Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Legal Marijuana Market Competition by Manufacturers
2.1 Global Legal Marijuana Sales Market Share by Manufacturers (2019-2024)
2.2 Global Legal Marijuana Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Legal Marijuana Average Price by Manufacturers (2019-2024)
2.4 Global Legal Marijuana Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Legal Marijuana, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Legal Marijuana, Product Type & Application
2.7 Legal Marijuana Market Competitive Situation and Trends
2.7.1 Legal Marijuana Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Legal Marijuana Players Market Share by Revenue
2.7.3 Global Legal Marijuana Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Legal Marijuana Retrospective Market Scenario by Region
3.1 Global Legal Marijuana Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Legal Marijuana Global Legal Marijuana Sales by Region: 2019-2030
3.2.1 Global Legal Marijuana Sales by Region: 2019-2024
3.2.2 Global Legal Marijuana Sales by Region: 2025-2030
3.3 Global Legal Marijuana Global Legal Marijuana Revenue by Region: 2019-2030
3.3.1 Global Legal Marijuana Revenue by Region: 2019-2024
3.3.2 Global Legal Marijuana Revenue by Region: 2025-2030
3.4 North America Legal Marijuana Market Facts & Figures by Country
3.4.1 North America Legal Marijuana Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Legal Marijuana Sales by Country (2019-2030)
3.4.3 North America Legal Marijuana Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Legal Marijuana Market Facts & Figures by Country
3.5.1 Europe Legal Marijuana Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Legal Marijuana Sales by Country (2019-2030)
3.5.3 Europe Legal Marijuana Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Legal Marijuana Market Facts & Figures by Country
3.6.1 Asia Pacific Legal Marijuana Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Legal Marijuana Sales by Country (2019-2030)
3.6.3 Asia Pacific Legal Marijuana Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 China Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Legal Marijuana Market Facts & Figures by Country
3.7.1 Latin America Legal Marijuana Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Legal Marijuana Sales by Country (2019-2030)
3.7.3 Latin America Legal Marijuana Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Legal Marijuana Market Facts & Figures by Country
3.8.1 Middle East and Africa Legal Marijuana Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Legal Marijuana Sales by Country (2019-2030)
3.8.3 Middle East and Africa Legal Marijuana Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Legal Marijuana Sales by Type (2019-2030)
4.1.1 Global Legal Marijuana Sales by Type (2019-2024)
4.1.2 Global Legal Marijuana Sales by Type (2025-2030)
4.1.3 Global Legal Marijuana Sales Market Share by Type (2019-2030)
4.2 Global Legal Marijuana Revenue by Type (2019-2030)
4.2.1 Global Legal Marijuana Revenue by Type (2019-2024)
4.2.2 Global Legal Marijuana Revenue by Type (2025-2030)
4.2.3 Global Legal Marijuana Revenue Market Share by Type (2019-2030)
4.3 Global Legal Marijuana Price by Type (2019-2030)
5 Segment by Application
5.1 Global Legal Marijuana Sales by Application (2019-2030)
5.1.1 Global Legal Marijuana Sales by Application (2019-2024)
5.1.2 Global Legal Marijuana Sales by Application (2025-2030)
5.1.3 Global Legal Marijuana Sales Market Share by Application (2019-2030)
5.2 Global Legal Marijuana Revenue by Application (2019-2030)
5.2.1 Global Legal Marijuana Revenue by Application (2019-2024)
5.2.2 Global Legal Marijuana Revenue by Application (2025-2030)
5.2.3 Global Legal Marijuana Revenue Market Share by Application (2019-2030)
5.3 Global Legal Marijuana Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Medicine Man
6.1.1 Medicine Man Corporation Information
6.1.2 Medicine Man Description and Business Overview
6.1.3 Medicine Man Legal Marijuana Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Medicine Man Legal Marijuana Product Portfolio
6.1.5 Medicine Man Recent Developments/Updates
6.2 Canopy Growth
6.2.1 Canopy Growth Corporation Information
6.2.2 Canopy Growth Description and Business Overview
6.2.3 Canopy Growth Legal Marijuana Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Canopy Growth Legal Marijuana Product Portfolio
6.2.5 Canopy Growth Recent Developments/Updates
6.3 Aphria
6.3.1 Aphria Corporation Information
6.3.2 Aphria Description and Business Overview
6.3.3 Aphria Legal Marijuana Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Aphria Legal Marijuana Product Portfolio
6.3.5 Aphria Recent Developments/Updates
6.4 Aurora Cannabis Inc.
6.4.1 Aurora Cannabis Inc. Corporation Information
6.4.2 Aurora Cannabis Inc. Description and Business Overview
6.4.3 Aurora Cannabis Inc. Legal Marijuana Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Aurora Cannabis Inc. Legal Marijuana Product Portfolio
6.4.5 Aurora Cannabis Inc. Recent Developments/Updates
6.5 MCig Inc
6.5.1 MCig Inc Corporation Information
6.5.2 MCig Inc Description and Business Overview
6.5.3 MCig Inc Legal Marijuana Sales, Revenue and Gross Margin (2019-2024)
6.5.4 MCig Inc Legal Marijuana Product Portfolio
6.5.5 MCig Inc Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Legal Marijuana Industry Chain Analysis
7.2 Legal Marijuana Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Legal Marijuana Production Mode & Process
7.4 Legal Marijuana Sales and Marketing
7.4.1 Legal Marijuana Sales Channels
7.4.2 Legal Marijuana Distributors
7.5 Legal Marijuana Customers
8 Legal Marijuana Market Dynamics
8.1 Legal Marijuana Industry Trends
8.2 Legal Marijuana Market Drivers
8.3 Legal Marijuana Market Challenges
8.4 Legal Marijuana Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer

Published By : QY Research

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