Overview of the North America Cannabis Market: Key Statistics and Trends:
According to the latest report by MarkNtel Advisors , titled “ North America Cannabis Market By Application (Medical Use {Chronic Pain, Mental Disorder, Cancer, Others [Nausea, Muscle Spasms, Migraine, Glaucoma], Self-Consumption / Private Use), By Product Type (Flower, Oil), By Distribution Channel (Regulated Dispensary, Recreational Stores, Stand-Alone Retailers, Online Portals), By End-User (Patients, Research Institute, Research Companies), The North America Cannabis Market is anticipated to grow at a CAGR of around 27.7% during the forecast period, ie, 2022-27. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.
North America Cannabis Market Growth and Scope:
Base Year: 2021
Forecast Period: 2022-27
Historical Data: 2017-20
CAGR (2022-2027): 27.7%
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Key Driver
- A rapid emergence in the legalization social acceptance of cannabis
- The rise in cannabis-based consumables
- Snowballing medical use of cannabis
A Comprehensive Analysis of Leading Companies of North America Cannabis Market by MarkNtel Advisors:
- 22nd Century Group Inc
- Medical Marijuana Inc
- Hemp Inc
- Axim Biotechnologies Inc
- Arena Pharmaceuticals Inc.
- Canopy Growth Corporation
- Aphria Inc
- Aurora Cannabis Inc
- Abcann Medicinals Inc
Key North America Cannabis Market Segmentation:
Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/north-america-cannabis-market.html
-By End-User
- Medical Use
- Self-Consumption / Private Use
Among all, Medical Cannabis is anticipated to capture the largest market share during 2022-27.
-By Type
- Flower
- Oil
Here, Flower-Based cannabis is projected to witness the maximum demand across North America through 2027.
-By Application
- Medical Use
- Self-Consumption / Private Use
-By Distribution Channel
- Regulated Dispensary
- Recreational Stores
- Stand-Alone Retailers
- Online Portals
Geographical Analysis
-By Country
- US
- Canada
- Mexico
Of all, Canada is anticipated to dominate the market with the largest share during the forecast period.
Key Reports Highlights:
- Market Dimensions Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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Key Advantages of the Report by MarkNtel Advisors:
- Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
- Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
- Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.
Note: If you need additional information not included in the report, we can customize it to suit your requirements.
About Us –
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports across diverse industry verticals. We being a qualitative quantitative research company, strive to deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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