North America Cannabis Market Overview
As per recent research by MarkNtel Advisors, the North America Cannabis Market is anticipated to grow at a CAGR of around 27.7% during the forecast period, i.e., 2022-27.
North America Cannabis Market Dynamics
Market Drivers :
- A rapid surge in the legalization social acceptance of cannabis
- The rise in cannabis-based consumables
- Snowballing medical use of cannabis
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North America Cannabis Market Segmentation Overview 2022-2027: Key Factors
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
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North America Cannabis Market Geographical Insights:
By Country:
-US
-Canada
-Mexico
Key Players and Competitive Strategies in the North America Cannabis Market
Several prominent players dominate the North America Cannabis Market, including:
- 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
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Questions Addressed in this Study
1.How big is the North America Cannabis Market Size?
2.What is the North America Cannabis Market Growth?
3.Who are the key players of the North America Cannabis Market?
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