Legalized Cannabis Market-2023 Will Revenue to Cross, reaching USD 45922.43 million by 2028

4.2 min readPublished On: January 23rd, 2023By

PUNE – Legalized Cannabis Market research report focus on overall information that can help to take decisions on current market situation.

Legalized Cannabis Market Report Contains 2023: 

  • Complete overview of the global Legalized Cannabis Market
  • The global Legalized Cannabis market size was valued at USD 23297.34 million in 2022 and is expected to expand at a CAGR of 11.97% during the forecast period, reaching USD 45922.43 million by 2028.
  • Top Country data and analysis for United States, Canada, Mexico, Germany, France, United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil and Saudi Arabia, etc. It also throws light on the progress of key regional Legalized Cannabis Markets such as North America, Europe, Asia-Pacific, South America and Middle East and Africa
  • Description and analysis of Legalized Cannabis market potential by type, Deep Dive, disruption, application capacity, end use industry
  • impact evaluation of most important drivers and restraints, and dynamics of the global Legalized Cannabis Market and current trends in the enterprise
  • Detailed profiles of the Top major players in the industry, including. Canopy Growth Corporation,HEXO Corp,VIVO Cannabis Inc,Cannabis Science, Inc,Tikun Olam Ltd.,The Green Organic Dutchman Holdings Ltd,Medical Marijuana, Inc,OrganiGram Holding Inc,Aphria, Inc.,CV Sciences,Aurora Cannabis Inc,Cronos Group Inc.,Maricann Group, Inc,Stenocare A/S,Tilray, Inc.,Terra Tech Corp

Legalized Cannabis Market: 

legalization of cannabis refers to the removal of laws prohibiting the possession, use, and sale of marijuana. The use of cannabis for medical purposes has been legalized in many states and countries, and in some places, the drug has also been legalized for recreational use.

The legalization of cannabis has led to the creation of a new industry, with businesses growing and selling marijuana and products made from it, such as edibles and oils. The legalization of cannabis has also led to an increase in tax revenue for governments and has created jobs in the industry.

However, the legalization of cannabis has also raised concerns about public health and safety. There is still a lack of research on the long-term effects of cannabis use, and some studies have suggested that it may have negative impacts on mental health and cognitive function. There are also concerns about increased use among young people and impaired driving.

The legalization of cannabis is a complex issue with varying opinions, but it is important to consider the potential benefits and drawbacks before making a decision. Also, it is important to note that each country has different laws and regulation around cannabis, and it is illegal in many countries

The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment markets by type, application and region, and, as a result, provides a holistic view of, as well as a deep insight into the Legalized Cannabis market covering all its essential aspects.

For the competitive landscape, the report also introduces players in the industry from the perspective of the market share, concentration ratio, etc., and describes the leading companies in detail, with which the readers can get a better idea of their competitors and acquire an in-depth understanding of the competitive situation. Further, mergers & acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts will all be considered.

In a nutshell, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the market in any manner.

Researcher’s latest report provides a deep insight into the global Legalized Cannabis Market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

Legalized Cannabis Market segments help decision-makers direct the product, sales, and marketing strategies, and can power your product development cycles by informing how you make product offerings for different segments.

based on types, the Legalized Cannabis market from 2018 to 2028 is primarily split into:

  • Buds / Cannabis Flower
  • Cannabis Extracts

based on applications, the Legalized Cannabis market from 2018 to 2028 covers:

  • Medical
  • Recreational
  • Cosmetics
  • Others

Market segment by Region/Country including: 

  • North America (United States, Canada, and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Spain, etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Southeast Asia, etc.)
  • South America (Brazil, Argentina, Colombia, etc.)
  • Middle East & Africa (South Africa, UAE, Saudi Arabia, etc.)

Key Players in the Legalized Cannabis Market: 

  • Canopy Growth Corporation
  • HEXO Corp
  • VIVO Cannabis Inc
  • Cannabis Science, Inc
  • Tikun Olam Ltd.
  • The Green Organic Dutchman Holdings Ltd
  • Medical Marijuana, Inc
  • OrganiGram Holding Inc
  • Aphria, Inc.
  • CV Sciences
  • Aurora Cannabis Inc
  • Cronos Group Inc.
  • Maricann Group, Inc
  • Stenocare A/S
  • Tilray, Inc.
  • Terra Tech Corp

(This information is primarily sourced from Proficient Market Insights.  Highly Capitalized has neither approved nor disapproved the contents of this news release. Read our Disclaimer here).

About the Author: News Team

Newsteam at Highly Capitalized are some of the most experienced writers in cannabis and psychedelics business & finance. We cover capital markets, finance, branding, marketing and everything important in between. Most of all, we follow the money.

Share This Story, Choose Your Platform!

Latest News

  • Gold Flora Expands Jetfuel Cannabis Brand

Gold Flora Expands Jetfuel Cannabis Brand in California

January 31st, 2023|

COSTA MESA, Calif. - Gold Flora, a single-state cannabis company, announced the launch of the Jetfuel Cannabis brand of products throughout California, beginning with the introduction of strain-specific cured resin cartridges. Jetfuel has gained a ...