Legal Cannabis market is projected to grow from USD 10.3 billion in 2018 to USD 39.4 billion by 2023, at a Compound Annual Growth Rate (CAGR) of +30% during the forecast period.

The demand for marijuana for medical use is expected to increase in the future as the adoption of cannabis increases as a medicinal product for the treatment of serious medical conditions such as cancer, Parkinson's disease, Alzheimer's disease, arthritis and other neurological conditions. Demand is expected to increase due to increased need for pain management therapies and increased burden of disease due to chronic pain in the elderly.

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The Report includes Several Company Profiles of who are market key players

For competitor segment, the report includes global key players of Legal Cannabis as well as some small players. At least 12 companies are included:

* Aurora Cannabis

* Canopy Growth Corporation

* Bhang Corporation

* Cannoid

* Elixinol

* Medical Marijuana

For complete companies list, please ask for sample pages.

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Due to the legalization of medicinal marijuana and decriminalization in some countries, people have dramatically reduced the black market to legally purchase medicinal and recreational cannabis. Government income through taxation is also considered an opportunity for the state to earn income. If you have a large customer pool in the US and Canada and medical marijuana is legalized, product demand in North America is expected to increase.

Complete report is available at@ https://www.researchnreports.com/chemical-materials/Legal-Cannabis-Market-Insights-2019--Global-and-Chinese-Analysis-and-Forecast-to-2024-634390

The study objectives are:

To analyze and research the global Legal Cannabis status and future forecast, involving capacity, production, value, consumption, growth rate (CAGR), market share, historical and forecast.

To present the key Legal Cannabis manufacturers, capacity, production, revenue, market share, and recent development for key players.

To split the breakdown data by regions, type, companies and applications.

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends, drivers, influence factors in global and regions.

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Legal Cannabis are as follows:

History Year: 2014-2019

Base Year: 2018

Estimated Year: 2019

Forecast Year 2019 to 2025

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