Sep 25, 2019 (The Expresswire) -- Global cannabis market is projected to register a healthy CAGR of 34.7% in the forecast period of 2019 to 2026.
Data Bridge Market Research Released a new report on Global Cannabis Market helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market driven results deriving feasibility studies for client needs. Data Bridge Market Research ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quantitative detailing. Some of the Leading key Company’s Covered for this Research are The Cronos Group, Tilray, Marley Natural, Aurora Cannabis, Cara Therapeutics, ARUMA LABS HOLDINGS PTY LIMITED, Medcan Australia, Sundial Growers Inc., Canopy Growth Corporation, GW Pharmaceuticals plc, The Scotts Company LLC, Aphria Inc., VIVO Cannabis Inc., Cannatrek.
Global cannabis market is projected to register a healthy CAGR of 34.7% in the forecast period of 2019 to 2026.
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Cannabis Market Data Collection Matrix
We looked for primary and secondary sources from both the supply and demand sides of the global Cannabis market for collecting data and information to prepare this encyclopedic research study. From the supply side, our primary sources were technology distributors and wholesalers and manufacturers, whereas our secondary sources were economic and demographic data reports, independent investigations, government publications, and company publications and reports. From the demand side, we relied on mystery shopping, consumer surveys, and end-user surveys for primary research and reference customers and case studies for secondary research.
What are the pivotal drivers and challenges of the Cannabis market that are detailed in the research study
Legalization of medical and recreational use of cannabis
Medical advantages of cannabis
Scarcity of water and sustainable agriculture
Lack of awareness related to benefits of cannabis
Innovation in variety of sativa products
High taxes imposed on cannabis
Global Cannabis Market Segmentation:
On the basis of distribution channel, the market is segmented into physical, digital and others.
On the basis of crop variety, the market is segmented into cannabis indica, cannabis sativa and others.
On the basis of usage, the market is segmented into medical and recreational.
On the basis of product type, the market is segmented into buds, oil, tinctures and others.