DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Legal Marijuana Market (Medical & Recreational) with Focus on US & Canada: Industry Analysis (2016-2020)" report to their offering.
Legal marijuana market is one of the fastest growing industries in the US today. This single industry saw a remarkable growth in the current year alone, and this increase is expected to continue as legalized marijuana use gains acceptance and popularity. However, with the category having large number of consumers over the last 12 years, and with momentum building in terms of popular support and legislation, the cannabis industry is poised to generate meaningful growth.
As per the report "Legal Marijuana Market (Medical & Recreational) with Focus on US & Canada: Industry Analysis (2016-2020)", the demand for marijuana market will be driven by technological advancement, premium pricing due to high energy consumption in marijuana production, rising social acceptance of marijuana and growing business opportunities, increasing business sophistication, large base of potential cannabis consumers, and medical cannabis on the rise and growing popular support in cannabis market.
Some of the noteworthy trends and developments of this industry are national expansion & brand growth, emergence of large grow, banking & financial services, cannabis as healthcare treatment and innovative product development. However, the expansion of marijuana/cannabis market is hindered by legal issues and use of pesticides.
The report presents an in-depth analysis of the market on the basis of its segments. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. A thorough analysis has been conducted on key market players covering their business overview, product portfolio, financial overview and business strategies.
Companies Mentioned:
- American Cannabis Company
- GreenGro Technologies, Inc.
- Mentor Capital, Inc.
- mCig, Inc.
Key Topics Covered:
1. Marijuana Market Overview
2. Marijuana Market Analysis
3. Market Dynamics
4. Competitive Landscape
5. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/qcnstz/legal_marijuana
