Press ReleaseCannabis Market will Generate Massive Revenue in Future- VIVO Cannabis, Tilray, Marley Natural, Medcan Australia
Jul 30, 2019 (Data Bridge Market Research via COMTEX) -- Latest Study on Industrial Growth of Global Cannabis Market. A detailed study accumulated to offer Latest insights about acute features of the Cannabis market. The report contains different market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis. Some are the key players taken under coverage for this study are The Cronos Group, GW Pharmaceuticals plc, The Scotts Company LLC, Aphria Inc., VIVO Cannabis, Tilray, Marley Natural, Aurora Cannabis, Cara Therapeutics, ARUMA LABS HOLDINGS PTY LIMITED, Medcan Australia, Sundial Growers Inc., Canopy Growth Corporation.
Cannabis plant has several medical as well as recreational usages. In medical, cannabis is reported to treat nausea, vomiting, chronic pains, asthma and many more diseases.
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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How effectively is the Cannabis Market Segmented
The report is comprised of information about the market share which each product holds as well as the projected remuneration of the each segment. The research report is also inclusive of details with regards to the consumption (value and growth rate) of each product and the sales price as well.
- Geography: North America, South America, Europe, Asia-Pacific, Middle East and Africa
- By Product Type: Buds, Oil, Tinctures, Others
- Usage: Medical, Recreational
- Crop Variety: Cannabis Indica, Cannabis Sativa, Others
- Distribution Channel: Physical, Digital
Competitive Landscape:
Mergers & Acquisitions, Agreements & Collaborations, New Product Developments & Launches, Business overview & Product Specification for each player listed in the study. Players profiled are O.penVAPE Shop., The Cronos Group, GW Pharmaceuticals plc, The Scotts Company LLC, Aphria Inc., VIVO Cannabis, Tilray, Marley Natural, Aurora Cannabis, Cara Therapeutics, ARUMA LABS HOLDINGS PTY LIMITED, Medcan Australia, Sundial Growers Inc., Canopy Growth Corporation.
Read Detailed Index of full Research Study at: http://databridgemarketresearch.com/toc/?dbmr=global-cannabis-market
Product Launch
In November 2019, SLANG Worldwide Inc. announced the launch of its new product line, RESERVE; in California market that is an extension of O.penVAPE brand. The company became best-selling cannabis brand in the United States due to the launch of this product.
In February 2018, MedReleaf Corp. launched its product San Rafael '71, the first adult-use recreational brand. This product is designed for the people who are aware of the cannabis products and their effects.
The Cannabis report also displays important product developments and tracks recent acquisitions, mergers and research in the industry by the major players. Cannabis report helps make known uncertainties that may come up due to changes in business activities or introduction of a new product in the market. Moreover, all the stats, data, facts and figures collected to prepare this market report are obtained from the trustworthy sources such as websites, journals, merges, newspapers and other authentic sources. Few of these major factors are market definition, market segmentation, competitive analysis and research methodology.
Key Highlights from Cannabis Market Study.
Revenue and Sales Estimation — Historical Revenue and sales volume is presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well recognized Types and end-use industry. Additionally macroeconomic factor and regulatory policies are ascertained in Cannabis industry evolution and predictive analysis.
Manufacturing Analysis —the report is currently analyzed concerning various product type and application. The Cannabis market provides a chapter highlighting manufacturing process analysis validated via primary information collected through Industry experts and Key officials of profiled companies.
Competition — Leading players have been studied depending on their company profile, product portfolio, capacity, product/service price, sales, and cost/profit.
Demand & Supply and Effectiveness — Cannabis report additionally provides distribution, Production, Consumption & EXIM** (Export & Import). ** If applicable
Development and Manufacturing Analysis of Cannabis Market
Capacity and Commercial Production Date
Major Manufacturers Technology Source and Market Position of Cannabis
Recent Development and Expansion Plans
What are the challenges of the Cannabis Market?
The report elucidates information about the driving forces influencing the commercialization portfolio of the Cannabis market and their impact on the revenue graph of this business sphere.
The study is inclusive of the latest trends characterizing the Cannabis market in consort with the challenges that this industry will present in the future.
By thoroughly understanding and keeping into focus customer requirement, one step or combination of many steps has been utilized to frame this most excellent Cannabis market research report. To execute this market research study, competent and advanced tools and techniques viz SWOT analysis and Porter's Five Forces Analysis have been used. It also provides top to bottom examination of the market for estimating income, return on investment (ROI) and developing business strategies. This market analysis report also includes CAGR value fluctuations with respect to rise or fall for the certain forecast period.
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