Legal Cannabis Market Synopsis

Global Legal Cannabis Market is expected to grow at a significant growth rate, and the forecast period is 2022-2028, considering the base year as 2021.

Cannabis also called Marijuana is an herbal drug containing chemicals called cannabinoids which include delta-9-tetrahydrocannabinol (THC) and cannabidiol (CBD). Cannabis is commonly used as a recreational drug and it is widely known for its psychoactive effects caused by cannabinoids in it, they work by binding to specific sites in the brain and on the nerves. There are over 100 cannabinoids in cannabis, but THC and CBD are the most well-studied and recognized. In the entire cannabis plant, cannabinoids are found in the highest levels in the leaves and flowers (Buds).

• Marijuana as a market primarily refers to the sales of dried leaves, flowers, stems, and seeds from the group of three plants with psychoactive properties, known as Cannabis sativa, Cannabis Indica, and Cannabis Ruderalis. Extracts are also made from these cannabis plants. These plants contain the mind-altering chemical THC and other similar types of compounds.
• Cannabis is usually smoked or eaten to get high. The early possession of marijuana is illegal under federal law however the law has started legalizing cannabis for recreational and medical purposes. medical marijuana refers to using marijuana to treat certain medical conditions while recreational marijuana is marijuana for adult use.
• Today countries like the US, Canada, Uruguay, Thailand, Mexico, and a few other countries have already legalized cannabis. according to the National Survey on Drug Use and Health, cannabis is one of the most used drugs in the United States, and it is widely consumed among young people. In 2021, 35.4% of young adults aged 18 to 25 (11.8 million people) reported using marijuana in the past year.
• Also, the worldwide cannabis market is growing steadily for the last 2 decades, according to the Monitoring the Future survey, rates of past-year cannabis use among middle and high school students was seen growing since the late 1990s. In 2022, 30.7% of 12th graders reported using it in the past year and 6.3% reported daily use of cannabis.
• Presently, about 147 million people (2.5% of the world population) consume cannabis in addition to such large consumption, new smoking, and vaping devices are introduced in the market to consume cannabis products which is expanding the entire business further. The legalization of cannabis for medical use or adult recreational use is growing which undoubtedly indicates the success of the legal cannabis market.

The Legal Cannabis Market Trend Analysis

Growing Consumption of Cannabis (Legal and Illegal) Across the World and Larger Economic and Social Benefits of Legalizing Marijuana

• The legal cannabis market is comprised of the production and selling of cannabis crude plant material like flowers, seeds, and leaves, and products derived from it. Cannabis flower commonly called bud is the most popular consumable product in the global marketplace, along with the plant materials, various other cannabis-derived products are gaining huge popularity due to which there is greater production demand for cannabis in the market.
• Many companies involved in this sector have already started supplying cannabis to the medical market keeping in mind the consumption rates, today the market is also expanding to service the retail markets that have opened up in Uruguay, Canada, Mexico, and the United States. For instance, Canada is a leading cannabis market with expanding business and Ontario was home to the most cannabis stores of any Canadian province, with approximately 1,351 cannabis stores in June 2022 further in 2023, Alberta, Canada’s fourth-largest province by population, leads the country in terms of access to regulated adult-use marijuana stores, with more than 2 cannabis stores per 10,000 residents.
• Moreover, the market growth is highly supported by the legalization rate. Presently, 19 states, 2 territories, and the District of Columbia have legalized small amounts of cannabis (marijuana) for adult recreational use in the US. Also, Rhode Island passed the Rhode Island Cannabis Act recently, Connecticut legalized the recreational use of cannabis with the passage of SB 1201, New York legalized cannabis with the governor's signature of AB 1248, which was passed during New York's 2021 session, and New Mexico's legislature introduced its Cannabis Regulation Act within their first special session.

Development and Formulation of New Cannabis Products in The Market Supported by Its Wide Acceptation

• The market for cannabis is fueled by the sales of products derived from the cannabis plant. From innovative foods and beverages infused with cannabis to beauty and wellness products cannabis products are deciding factors for the growth of the legal cannabis market. To be explained, a decade ago, approximately 80% of all product sales were attributed to flowers (buds) but now, that number is 47%. Increasingly, consumers are getting more and more attracted to edibles, infused products, and other innovative cannabis goods.
• Currently, some of the hottest growing products in the entire cannabis business are edible and beverage products, and CBD (a cannabis-derived, non-psychoactive chemical with reputed health and wellness benefits) and other like vaping products. Not just consumables but the cannabis market is even heading in a direction where it is been applicable across various industry verticals like manufacturing, construction, homecare and materials like plastic and fabric (biodegradable)
• Many cannabis companies have already started popping up to capitalize over these industries, development of plastic from cannabis is been serving the market with a USD 80-120 Billion opportunity. These companies are providing an alternative and eco-friendlier alternative to plastic, impacting manufacturing of everything from bottles to household appliances to toys, and more.
• Moreover, cannabis can go with any soil and requires minimal inputs, and its production is nearly four times as much oil per acre as soybeans, which is currently the only crop grown on a large scale for biodiesel in the US, according to Modern Farmer and hemp produces around 4x the paper that one acre of trees can, according to a USDA report dating from 1916, all of which shows developing market of cannabis.
• the developments also have opportunities in the pet products made using cannabis which is estimated to be worth around USD 72 Billion according to the American Pet Products Association.

Segmentation Analysis Of The Legal Cannabis Market

Legal Cannabis market segments cover the Type, Product Type, and Application. By Product Type, the Buds (Flowers) segment is Anticipated to Dominate the Market Over the Forecast period.

• Cannabis flower when compared with other cannabis products has the largest sales flower sales, both pre-packed, deli-style, and pre-rolls own a significant share in the overall legal cannabis market.
• In 2021, Buds made up to 59% of total sales of cannabis, while concentrates and edibles increased in popularity at 24% and 11% respectively. Further speaking, it the best-selling product category in dispensaries, across all states in the US and in Canada, with Medical patients purchasing 5% more flowers than adult-use customers which is relatively high.
• Also, with the number of options available in cannabis strains and flavors, it has become the most favorite product type. But, there is a clear shift in movement away from flower, and toward products like edibles, cannabeverages (Cannabis Infused Beverages), and concentrates due to new innovations and developments.
• Flower sales are followed by extracts & concentrates and edibles which also share a considerable revenue share to the market. Also, the accessories developed from cannabis plant crude i.e., tinctures, topicals, clones, seeds, patches, and capsules are also available in the market but they have been considerably low in sales 

Regional Analysis of The Legal Cannabis Market

North America Dominates the Global Cannabis Market and it is expected to maintain its dominance over the forecast period.

• North America forms a huge cannabis business owing to the legalization of cannabis and its products and also due to the presence of top market players in the region. The cannabis companies residing in North America raised more than $1.6 billion in January 2021. The popularity of Marijuana among North American adults is on the rise and the consumption of recreational marijuana is expected to continue to increase, according to several surveys.
• The increasing popularity, along with more permissive and free attitudes toward the use of marijuana is also the supporting factor for the market growth in the region. However, the acceptance of the product in the region may be due to its changing legalization status in many parts of North America.
• North America’s leading countries- the US and Canada are the leading markets for legal cannabis in the world. around 45% of adults in the U.S. have used marijuana at least once in their lives. And one of the large surveys, published in 2015 in JAMA Psychiatry, found that the prevalence of marijuana’s use in the US has more than doubled over a decade. Further, the data showed that marijuana use was increasing in males and females in many age groups, although it was increasing a little faster in young adults, ages 18 to 29, and in males in the country.
• Furthermore, along with the top cannabis producers and processors, Canada and the US also have a cannabis-flavoring population which is seeking cannabis legalization. For instance, On Election Day in 2012, voters in Colorado and Washington approved ballot measures to legalize the recreational use and sale of cannabis, making the states the first in the U.S. to do so and after that 19 other states, Washington, D.C., and Guam were to act to legalize the drug in the next years.

Covid-19 Impact Analysis On Legal Cannabis Market

• COVID-19 has at one side helped the cannabis market growth with the elevated demand and on the other has also negatively affected the market by disrupting production, shutting down the processing plants, and halting the supply operations
• During the beginning of the COVID-19 outbreak, sales of cannabis products were seen increasing in the cannabis legal countries like the United States. The market saw a large boost as consumers prepared for coming lockdowns. But eventually, the demand did not sustain and the industry in both the U.S. and Canada faced some serious losses due to oversupply. Further, new markets on the U.S. East Coast were renewed growth and Germany elected a new government that favoured legalizing recreational sales of cannabis.
• Also, according to the National Cannabis Survey, daily cannabis use during the pandemic was seen to increase among those 15 years and older from 6% in the First Quarter of 2019 to 8% in the Fourth Quarter of 2020. The Canadian Cannabis Survey on the other hand indicated that daily cannabis use approximated one-fifth of those who used cannabis during the past 12 months in 2020, which indicated a considerable fall in cannabis demand during the time.

Top Key Players Covered in The Legal Cannabis Market

• Canopy Growth Corporation (Canada)
• Aphria Inc. (Canada)
• VIVO marijuana Inc. (Canada)
• OrganiGram Holding Inc. (Canada)
• Aurora marijuana Inc. (Canada)
• The Green Organic Dutchman (Canada)
• Atlas Growers (Canada)
• Maricann Group, Inc. (Canada)
• Tilray Inc. (Canada)
• Terra Tech Corp. (US)
• Stenocare A/S (Denmark)
• HEXO Corp. (Canada)
• Medical Cannabis Inc. (US)
• AlephSana GmbH (Germany)
• Tikun Olam Ltd. (Israel)
• Cannabis Science Inc. (US) and Other Major Players

Key Industry Developments in the Legal Cannabis Market

In February 2023, Aurora, a leading Canadian medical cannabis provider and MedReleaf Australia launched a new Medical Cannabis Brand – CraftPlant, this new brand includes three new products available for doctors to prescribe, Greendae, Navana, and HiVolt. All three are developed from ultra-premium cultivars and are THC-dominant with high percentages of terpenes. These products are produced under strict EU-GMP-certified conditions and will be available in 10g containers.

In October 2022, Uber Eats, a global leader in e-commerce and delivery technology, and Leafly, a leading online cannabis marketplace, and information resource announced a partnership aimed at bringing cannabis delivery in Toronto. Now, Torontonians can order safe, legal cannabis and get it straight to their homes and This partnership will help in fighting the underground illegal cannabis market, which still accounts for more than 50% of all nonmedical cannabis sales in entire Ontario.

In December 2020, Aphria Inc., a leading global cannabis company inspiring and empowering the worldwide community and Tilray, Inc., a global pioneer in cannabis research, cultivation, production, and distribution, announced their entry into a definitive agreement with the purpose to combine their businesses and create the world’s largest global cannabis company based on pro forma revenue. the implied pro forma equity value of the Combined Company is approximately USD 3.9 billion based on the share price of Aphria and Tilray.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Product Type
 3.3 By Sales Channel
 3.4 By Application
 3.5 By End-User

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Legal Cannabis Market by Type
 5.1 Legal Cannabis Market Overview Snapshot and Growth Engine
 5.2 Legal Cannabis Market Overview
 5.3 Cannabis Indica
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Cannabis Indica: Geographic Segmentation
 5.4 Cannabis Sativa
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Cannabis Sativa: Geographic Segmentation
 5.5 Cannabis Ruderalis
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Cannabis Ruderalis: Geographic Segmentation
 5.6 Hybrid Cannabis
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2028F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Hybrid Cannabis: Geographic Segmentation

Chapter 6: Legal Cannabis Market by Product Type
 6.1 Legal Cannabis Market Overview Snapshot and Growth Engine
 6.2 Legal Cannabis Market Overview
 6.3 Buds/Flowers
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Buds/Flowers: Geographic Segmentation
 6.4 Cannabis Extracts
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Cannabis Extracts: Geographic Segmentation

Chapter 7: Legal Cannabis Market by Sales Channel
 7.1 Legal Cannabis Market Overview Snapshot and Growth Engine
 7.2 Legal Cannabis Market Overview
 7.3 Online Sales
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2028F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Online Sales: Geographic Segmentation
 7.4 Offline Sales
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2028F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Offline Sales: Geographic Segmentation

Chapter 8: Legal Cannabis Market by Application
 8.1 Legal Cannabis Market Overview Snapshot and Growth Engine
 8.2 Legal Cannabis Market Overview
 8.3 Medical
  8.3.1 Introduction and Market Overview
  8.3.2 Historic and Forecasted Market Size (2016-2028F)
  8.3.3 Key Market Trends, Growth Factors and Opportunities
  8.3.4 Medical: Geographic Segmentation
 8.4 Recreational
  8.4.1 Introduction and Market Overview
  8.4.2 Historic and Forecasted Market Size (2016-2028F)
  8.4.3 Key Market Trends, Growth Factors and Opportunities
  8.4.4 Recreational: Geographic Segmentation
 8.5 Cosmetics
  8.5.1 Introduction and Market Overview
  8.5.2 Historic and Forecasted Market Size (2016-2028F)
  8.5.3 Key Market Trends, Growth Factors and Opportunities
  8.5.4 Cosmetics: Geographic Segmentation
 8.6 Others
  8.6.1 Introduction and Market Overview
  8.6.2 Historic and Forecasted Market Size (2016-2028F)
  8.6.3 Key Market Trends, Growth Factors and Opportunities
  8.6.4 Others: Geographic Segmentation

Chapter 9: Legal Cannabis Market by End-User
 9.1 Legal Cannabis Market Overview Snapshot and Growth Engine
 9.2 Legal Cannabis Market Overview
 9.3 Individuals
  9.3.1 Introduction and Market Overview
  9.3.2 Historic and Forecasted Market Size (2016-2028F)
  9.3.3 Key Market Trends, Growth Factors and Opportunities
  9.3.4 Individuals: Geographic Segmentation
 9.4 Pharmaceuticals
  9.4.1 Introduction and Market Overview
  9.4.2 Historic and Forecasted Market Size (2016-2028F)
  9.4.3 Key Market Trends, Growth Factors and Opportunities
  9.4.4 Pharmaceuticals: Geographic Segmentation
 9.5 Food & Beverages
  9.5.1 Introduction and Market Overview
  9.5.2 Historic and Forecasted Market Size (2016-2028F)
  9.5.3 Key Market Trends, Growth Factors and Opportunities
  9.5.4 Food & Beverages: Geographic Segmentation
 9.6 Wellness & Personal Care
  9.6.1 Introduction and Market Overview
  9.6.2 Historic and Forecasted Market Size (2016-2028F)
  9.6.3 Key Market Trends, Growth Factors and Opportunities
  9.6.4 Wellness & Personal Care: Geographic Segmentation
 9.7 Others
  9.7.1 Introduction and Market Overview
  9.7.2 Historic and Forecasted Market Size (2016-2028F)
  9.7.3 Key Market Trends, Growth Factors and Opportunities
  9.7.4 Others: Geographic Segmentation

Chapter 10: Company Profiles and Competitive Analysis
 10.1 Competitive Landscape
  10.1.1 Competitive Positioning
  10.1.2 Legal Cannabis Sales and Market Share By Players
  10.1.3 Industry BCG Matrix
  10.1.4 Heat Map Analysis
  10.1.5 Legal Cannabis Industry Concentration Ratio (CR5 and HHI)
  10.1.6 Top 5 Legal Cannabis Players Market Share
  10.1.7 Mergers and Acquisitions
  10.1.8 Business Strategies By Top Players
 10.2 CANOPY GROWTH CORPORATION (CANADA)
  10.2.1 Company Overview
  10.2.2 Key Executives
  10.2.3 Company Snapshot
  10.2.4 Operating Business Segments
  10.2.5 Product Portfolio
  10.2.6 Business Performance
  10.2.7 Key Strategic Moves and Recent Developments
  10.2.8 SWOT Analysis
 10.3 APHRIA INC. (CANADA)
 10.4 VIVO MARIJUANA INC. (CANADA)
 10.5 ORGANIGRAM HOLDING INC. (CANADA)
 10.6 AURORA MARIJUANA INC. (CANADA)
 10.7 THE GREEN ORGANIC DUTCHMAN (CANADA)
 10.8 ATLAS GROWERS (CANADA)
 10.9 MARICANN GROUP
 10.10 INC. (CANADA)
 10.11 TILRAY INC. (CANADA)
 10.12 TERRA TECH CORP. (US)
 10.13 STENOCARE A/S (DENMARK)
 10.14 HEXO CORP. (CANADA)
 10.15 MEDICAL CANNABIS INC. (US)
 10.16 ALEPHSANA GMBH (GERMANY)
 10.17 TIKUN OLAM LTD. (ISRAEL)
 10.18 CANNABIS SCIENCE INC. (US) AND OTHER MAJOR PLAYERS

Chapter 11: Global Legal Cannabis Market Analysis, Insights and Forecast, 2016-2028
 11.1 Market Overview
 11.2 Historic and Forecasted Market Size By Type
  11.2.1 Cannabis Indica
  11.2.2 Cannabis Sativa
  11.2.3 Cannabis Ruderalis
  11.2.4 Hybrid Cannabis
 11.3 Historic and Forecasted Market Size By Product Type
  11.3.1 Buds/Flowers
  11.3.2 Cannabis Extracts
 11.4 Historic and Forecasted Market Size By Sales Channel
  11.4.1 Online Sales
  11.4.2 Offline Sales
 11.5 Historic and Forecasted Market Size By Application
  11.5.1 Medical
  11.5.2 Recreational
  11.5.3 Cosmetics
  11.5.4 Others
 11.6 Historic and Forecasted Market Size By End-User
  11.6.1 Individuals
  11.6.2 Pharmaceuticals
  11.6.3 Food & Beverages
  11.6.4 Wellness & Personal Care
  11.6.5 Others

Chapter 12: North America Legal Cannabis Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Cannabis Indica
  12.4.2 Cannabis Sativa
  12.4.3 Cannabis Ruderalis
  12.4.4 Hybrid Cannabis
 12.5 Historic and Forecasted Market Size By Product Type
  12.5.1 Buds/Flowers
  12.5.2 Cannabis Extracts
 12.6 Historic and Forecasted Market Size By Sales Channel
  12.6.1 Online Sales
  12.6.2 Offline Sales
 12.7 Historic and Forecasted Market Size By Application
  12.7.1 Medical
  12.7.2 Recreational
  12.7.3 Cosmetics
  12.7.4 Others
 12.8 Historic and Forecasted Market Size By End-User
  12.8.1 Individuals
  12.8.2 Pharmaceuticals
  12.8.3 Food & Beverages
  12.8.4 Wellness & Personal Care
  12.8.5 Others
 12.9 Historic and Forecast Market Size by Country
  12.9.1 U.S.
  12.9.2 Canada
  12.9.3 Mexico

Chapter 13: Europe Legal Cannabis Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type
  13.4.1 Cannabis Indica
  13.4.2 Cannabis Sativa
  13.4.3 Cannabis Ruderalis
  13.4.4 Hybrid Cannabis
 13.5 Historic and Forecasted Market Size By Product Type
  13.5.1 Buds/Flowers
  13.5.2 Cannabis Extracts
 13.6 Historic and Forecasted Market Size By Sales Channel
  13.6.1 Online Sales
  13.6.2 Offline Sales
 13.7 Historic and Forecasted Market Size By Application
  13.7.1 Medical
  13.7.2 Recreational
  13.7.3 Cosmetics
  13.7.4 Others
 13.8 Historic and Forecasted Market Size By End-User
  13.8.1 Individuals
  13.8.2 Pharmaceuticals
  13.8.3 Food & Beverages
  13.8.4 Wellness & Personal Care
  13.8.5 Others
 13.9 Historic and Forecast Market Size by Country
  13.9.1 Germany
  13.9.2 U.K.
  13.9.3 France
  13.9.4 Italy
  13.9.5 Russia
  13.9.6 Spain
  13.9.7 Rest of Europe

Chapter 14: Asia-Pacific Legal Cannabis Market Analysis, Insights and Forecast, 2016-2028
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Type
  14.4.1 Cannabis Indica
  14.4.2 Cannabis Sativa
  14.4.3 Cannabis Ruderalis
  14.4.4 Hybrid Cannabis
 14.5 Historic and Forecasted Market Size By Product Type
  14.5.1 Buds/Flowers
  14.5.2 Cannabis Extracts
 14.6 Historic and Forecasted Market Size By Sales Channel
  14.6.1 Online Sales
  14.6.2 Offline Sales
 14.7 Historic and Forecasted Market Size By Application
  14.7.1 Medical
  14.7.2 Recreational
  14.7.3 Cosmetics
  14.7.4 Others
 14.8 Historic and Forecasted Market Size By End-User
  14.8.1 Individuals
  14.8.2 Pharmaceuticals
  14.8.3 Food & Beverages
  14.8.4 Wellness & Personal Care
  14.8.5 Others
 14.9 Historic and Forecast Market Size by Country
  14.9.1 China
  14.9.2 India
  14.9.3 Japan
  14.9.4 Singapore
  14.9.5 Australia
  14.9.6 New Zealand
  14.9.7 Rest of APAC

Chapter 15: Middle East & Africa Legal Cannabis Market Analysis, Insights and Forecast, 2016-2028
 15.1 Key Market Trends, Growth Factors and Opportunities
 15.2 Impact of Covid-19
 15.3 Key Players
 15.4 Key Market Trends, Growth Factors and Opportunities
 15.4 Historic and Forecasted Market Size By Type
  15.4.1 Cannabis Indica
  15.4.2 Cannabis Sativa
  15.4.3 Cannabis Ruderalis
  15.4.4 Hybrid Cannabis
 15.5 Historic and Forecasted Market Size By Product Type
  15.5.1 Buds/Flowers
  15.5.2 Cannabis Extracts
 15.6 Historic and Forecasted Market Size By Sales Channel
  15.6.1 Online Sales
  15.6.2 Offline Sales
 15.7 Historic and Forecasted Market Size By Application
  15.7.1 Medical
  15.7.2 Recreational
  15.7.3 Cosmetics
  15.7.4 Others
 15.8 Historic and Forecasted Market Size By End-User
  15.8.1 Individuals
  15.8.2 Pharmaceuticals
  15.8.3 Food & Beverages
  15.8.4 Wellness & Personal Care
  15.8.5 Others
 15.9 Historic and Forecast Market Size by Country
  15.9.1 Turkey
  15.9.2 Saudi Arabia
  15.9.3 Iran
  15.9.4 UAE
  15.9.5 Africa
  15.9.6 Rest of MEA

Chapter 16: South America Legal Cannabis Market Analysis, Insights and Forecast, 2016-2028
 16.1 Key Market Trends, Growth Factors and Opportunities
 16.2 Impact of Covid-19
 16.3 Key Players
 16.4 Key Market Trends, Growth Factors and Opportunities
 16.4 Historic and Forecasted Market Size By Type
  16.4.1 Cannabis Indica
  16.4.2 Cannabis Sativa
  16.4.3 Cannabis Ruderalis
  16.4.4 Hybrid Cannabis
 16.5 Historic and Forecasted Market Size By Product Type
  16.5.1 Buds/Flowers
  16.5.2 Cannabis Extracts
 16.6 Historic and Forecasted Market Size By Sales Channel
  16.6.1 Online Sales
  16.6.2 Offline Sales
 16.7 Historic and Forecasted Market Size By Application
  16.7.1 Medical
  16.7.2 Recreational
  16.7.3 Cosmetics
  16.7.4 Others
 16.8 Historic and Forecasted Market Size By End-User
  16.8.1 Individuals
  16.8.2 Pharmaceuticals
  16.8.3 Food & Beverages
  16.8.4 Wellness & Personal Care
  16.8.5 Others
 16.9 Historic and Forecast Market Size by Country
  16.9.1 Brazil
  16.9.2 Argentina
  16.9.3 Rest of SA

Chapter 17 Investment Analysis

Chapter 18 Analyst Viewpoint and Conclusion

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. LEGAL CANNABIS MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. LEGAL CANNABIS MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. LEGAL CANNABIS MARKET COMPETITIVE RIVALRY
TABLE 005. LEGAL CANNABIS MARKET THREAT OF NEW ENTRANTS
TABLE 006. LEGAL CANNABIS MARKET THREAT OF SUBSTITUTES
TABLE 007. LEGAL CANNABIS MARKET BY TYPE
TABLE 008. CANNABIS INDICA MARKET OVERVIEW (2016-2028)
TABLE 009. CANNABIS SATIVA MARKET OVERVIEW (2016-2028)
TABLE 010. CANNABIS RUDERALIS MARKET OVERVIEW (2016-2028)
TABLE 011. HYBRID CANNABIS MARKET OVERVIEW (2016-2028)
TABLE 012. LEGAL CANNABIS MARKET BY PRODUCT TYPE
TABLE 013. BUDS/FLOWERS MARKET OVERVIEW (2016-2028)
TABLE 014. CANNABIS EXTRACTS MARKET OVERVIEW (2016-2028)
TABLE 015. LEGAL CANNABIS MARKET BY SALES CHANNEL
TABLE 016. ONLINE SALES MARKET OVERVIEW (2016-2028)
TABLE 017. OFFLINE SALES MARKET OVERVIEW (2016-2028)
TABLE 018. LEGAL CANNABIS MARKET BY APPLICATION
TABLE 019. MEDICAL MARKET OVERVIEW (2016-2028)
TABLE 020. RECREATIONAL MARKET OVERVIEW (2016-2028)
TABLE 021. COSMETICS MARKET OVERVIEW (2016-2028)
TABLE 022. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 023. LEGAL CANNABIS MARKET BY END-USER
TABLE 024. INDIVIDUALS MARKET OVERVIEW (2016-2028)
TABLE 025. PHARMACEUTICALS MARKET OVERVIEW (2016-2028)
TABLE 026. FOOD & BEVERAGES MARKET OVERVIEW (2016-2028)
TABLE 027. WELLNESS & PERSONAL CARE MARKET OVERVIEW (2016-2028)
TABLE 028. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 029. NORTH AMERICA LEGAL CANNABIS MARKET, BY TYPE (2016-2028)
TABLE 030. NORTH AMERICA LEGAL CANNABIS MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 031. NORTH AMERICA LEGAL CANNABIS MARKET, BY SALES CHANNEL (2016-2028)
TABLE 032. NORTH AMERICA LEGAL CANNABIS MARKET, BY APPLICATION (2016-2028)
TABLE 033. NORTH AMERICA LEGAL CANNABIS MARKET, BY END-USER (2016-2028)
TABLE 034. N LEGAL CANNABIS MARKET, BY COUNTRY (2016-2028)
TABLE 035. EUROPE LEGAL CANNABIS MARKET, BY TYPE (2016-2028)
TABLE 036. EUROPE LEGAL CANNABIS MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 037. EUROPE LEGAL CANNABIS MARKET, BY SALES CHANNEL (2016-2028)
TABLE 038. EUROPE LEGAL CANNABIS MARKET, BY APPLICATION (2016-2028)
TABLE 039. EUROPE LEGAL CANNABIS MARKET, BY END-USER (2016-2028)
TABLE 040. LEGAL CANNABIS MARKET, BY COUNTRY (2016-2028)
TABLE 041. ASIA PACIFIC LEGAL CANNABIS MARKET, BY TYPE (2016-2028)
TABLE 042. ASIA PACIFIC LEGAL CANNABIS MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 043. ASIA PACIFIC LEGAL CANNABIS MARKET, BY SALES CHANNEL (2016-2028)
TABLE 044. ASIA PACIFIC LEGAL CANNABIS MARKET, BY APPLICATION (2016-2028)
TABLE 045. ASIA PACIFIC LEGAL CANNABIS MARKET, BY END-USER (2016-2028)
TABLE 046. LEGAL CANNABIS MARKET, BY COUNTRY (2016-2028)
TABLE 047. MIDDLE EAST & AFRICA LEGAL CANNABIS MARKET, BY TYPE (2016-2028)
TABLE 048. MIDDLE EAST & AFRICA LEGAL CANNABIS MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 049. MIDDLE EAST & AFRICA LEGAL CANNABIS MARKET, BY SALES CHANNEL (2016-2028)
TABLE 050. MIDDLE EAST & AFRICA LEGAL CANNABIS MARKET, BY APPLICATION (2016-2028)
TABLE 051. MIDDLE EAST & AFRICA LEGAL CANNABIS MARKET, BY END-USER (2016-2028)
TABLE 052. LEGAL CANNABIS MARKET, BY COUNTRY (2016-2028)
TABLE 053. SOUTH AMERICA LEGAL CANNABIS MARKET, BY TYPE (2016-2028)
TABLE 054. SOUTH AMERICA LEGAL CANNABIS MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 055. SOUTH AMERICA LEGAL CANNABIS MARKET, BY SALES CHANNEL (2016-2028)
TABLE 056. SOUTH AMERICA LEGAL CANNABIS MARKET, BY APPLICATION (2016-2028)
TABLE 057. SOUTH AMERICA LEGAL CANNABIS MARKET, BY END-USER (2016-2028)
TABLE 058. LEGAL CANNABIS MARKET, BY COUNTRY (2016-2028)
TABLE 059. CANOPY GROWTH CORPORATION (CANADA): SNAPSHOT
TABLE 060. CANOPY GROWTH CORPORATION (CANADA): BUSINESS PERFORMANCE
TABLE 061. CANOPY GROWTH CORPORATION (CANADA): PRODUCT PORTFOLIO
TABLE 062. CANOPY GROWTH CORPORATION (CANADA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. APHRIA INC. (CANADA): SNAPSHOT
TABLE 063. APHRIA INC. (CANADA): BUSINESS PERFORMANCE
TABLE 064. APHRIA INC. (CANADA): PRODUCT PORTFOLIO
TABLE 065. APHRIA INC. (CANADA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. VIVO MARIJUANA INC. (CANADA): SNAPSHOT
TABLE 066. VIVO MARIJUANA INC. (CANADA): BUSINESS PERFORMANCE
TABLE 067. VIVO MARIJUANA INC. (CANADA): PRODUCT PORTFOLIO
TABLE 068. VIVO MARIJUANA INC. (CANADA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. ORGANIGRAM HOLDING INC. (CANADA): SNAPSHOT
TABLE 069. ORGANIGRAM HOLDING INC. (CANADA): BUSINESS PERFORMANCE
TABLE 070. ORGANIGRAM HOLDING INC. (CANADA): PRODUCT PORTFOLIO
TABLE 071. ORGANIGRAM HOLDING INC. (CANADA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 071. AURORA MARIJUANA INC. (CANADA): SNAPSHOT
TABLE 072. AURORA MARIJUANA INC. (CANADA): BUSINESS PERFORMANCE
TABLE 073. AURORA MARIJUANA INC. (CANADA): PRODUCT PORTFOLIO
TABLE 074. AURORA MARIJUANA INC. (CANADA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 074. THE GREEN ORGANIC DUTCHMAN (CANADA): SNAPSHOT
TABLE 075. THE GREEN ORGANIC DUTCHMAN (CANADA): BUSINESS PERFORMANCE
TABLE 076. THE GREEN ORGANIC DUTCHMAN (CANADA): PRODUCT PORTFOLIO
TABLE 077. THE GREEN ORGANIC DUTCHMAN (CANADA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 077. ATLAS GROWERS (CANADA): SNAPSHOT
TABLE 078. ATLAS GROWERS (CANADA): BUSINESS PERFORMANCE
TABLE 079. ATLAS GROWERS (CANADA): PRODUCT PORTFOLIO
TABLE 080. ATLAS GROWERS (CANADA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 080. MARICANN GROUP: SNAPSHOT
TABLE 081. MARICANN GROUP: BUSINESS PERFORMANCE
TABLE 082. MARICANN GROUP: PRODUCT PORTFOLIO
TABLE 083. MARICANN GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 083. INC. (CANADA): SNAPSHOT
TABLE 084. INC. (CANADA): BUSINESS PERFORMANCE
TABLE 085. INC. (CANADA): PRODUCT PORTFOLIO
TABLE 086. INC. (CANADA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 086. TILRAY INC. (CANADA): SNAPSHOT
TABLE 087. TILRAY INC. (CANADA): BUSINESS PERFORMANCE
TABLE 088. TILRAY INC. (CANADA): PRODUCT PORTFOLIO
TABLE 089. TILRAY INC. (CANADA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 089. TERRA TECH CORP. (US): SNAPSHOT
TABLE 090. TERRA TECH CORP. (US): BUSINESS PERFORMANCE
TABLE 091. TERRA TECH CORP. (US): PRODUCT PORTFOLIO
TABLE 092. TERRA TECH CORP. (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 092. STENOCARE A/S (DENMARK): SNAPSHOT
TABLE 093. STENOCARE A/S (DENMARK): BUSINESS PERFORMANCE
TABLE 094. STENOCARE A/S (DENMARK): PRODUCT PORTFOLIO
TABLE 095. STENOCARE A/S (DENMARK): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 095. HEXO CORP. (CANADA): SNAPSHOT
TABLE 096. HEXO CORP. (CANADA): BUSINESS PERFORMANCE
TABLE 097. HEXO CORP. (CANADA): PRODUCT PORTFOLIO
TABLE 098. HEXO CORP. (CANADA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 098. MEDICAL CANNABIS INC. (US): SNAPSHOT
TABLE 099. MEDICAL CANNABIS INC. (US): BUSINESS PERFORMANCE
TABLE 100. MEDICAL CANNABIS INC. (US): PRODUCT PORTFOLIO
TABLE 101. MEDICAL CANNABIS INC. (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 101. ALEPHSANA GMBH (GERMANY): SNAPSHOT
TABLE 102. ALEPHSANA GMBH (GERMANY): BUSINESS PERFORMANCE
TABLE 103. ALEPHSANA GMBH (GERMANY): PRODUCT PORTFOLIO
TABLE 104. ALEPHSANA GMBH (GERMANY): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 104. TIKUN OLAM LTD. (ISRAEL): SNAPSHOT
TABLE 105. TIKUN OLAM LTD. (ISRAEL): BUSINESS PERFORMANCE
TABLE 106. TIKUN OLAM LTD. (ISRAEL): PRODUCT PORTFOLIO
TABLE 107. TIKUN OLAM LTD. (ISRAEL): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 107. CANNABIS SCIENCE INC. (US) AND OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 108. CANNABIS SCIENCE INC. (US) AND OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 109. CANNABIS SCIENCE INC. (US) AND OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 110. CANNABIS SCIENCE INC. (US) AND OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. LEGAL CANNABIS MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. LEGAL CANNABIS MARKET OVERVIEW BY TYPE
FIGURE 012. CANNABIS INDICA MARKET OVERVIEW (2016-2028)
FIGURE 013. CANNABIS SATIVA MARKET OVERVIEW (2016-2028)
FIGURE 014. CANNABIS RUDERALIS MARKET OVERVIEW (2016-2028)
FIGURE 015. HYBRID CANNABIS MARKET OVERVIEW (2016-2028)
FIGURE 016. LEGAL CANNABIS MARKET OVERVIEW BY PRODUCT TYPE
FIGURE 017. BUDS/FLOWERS MARKET OVERVIEW (2016-2028)
FIGURE 018. CANNABIS EXTRACTS MARKET OVERVIEW (2016-2028)
FIGURE 019. LEGAL CANNABIS MARKET OVERVIEW BY SALES CHANNEL
FIGURE 020. ONLINE SALES MARKET OVERVIEW (2016-2028)
FIGURE 021. OFFLINE SALES MARKET OVERVIEW (2016-2028)
FIGURE 022. LEGAL CANNABIS MARKET OVERVIEW BY APPLICATION
FIGURE 023. MEDICAL MARKET OVERVIEW (2016-2028)
FIGURE 024. RECREATIONAL MARKET OVERVIEW (2016-2028)
FIGURE 025. COSMETICS MARKET OVERVIEW (2016-2028)
FIGURE 026. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 027. LEGAL CANNABIS MARKET OVERVIEW BY END-USER
FIGURE 028. INDIVIDUALS MARKET OVERVIEW (2016-2028)
FIGURE 029. PHARMACEUTICALS MARKET OVERVIEW (2016-2028)
FIGURE 030. FOOD & BEVERAGES MARKET OVERVIEW (2016-2028)
FIGURE 031. WELLNESS & PERSONAL CARE MARKET OVERVIEW (2016-2028)
FIGURE 032. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 033. NORTH AMERICA LEGAL CANNABIS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 034. EUROPE LEGAL CANNABIS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 035. ASIA PACIFIC LEGAL CANNABIS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 036. MIDDLE EAST & AFRICA LEGAL CANNABIS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 037. SOUTH AMERICA LEGAL CANNABIS MARKET OVERVIEW BY COUNTRY (2016-2028)