Global Marijuana market cagr 8.4%

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Marijuana Market

Marijuana Market Scope: Industry Analysis, Market

Size, Growth, Trends Till 2031

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Marijuana Market Size and Growth

The marijuana market is experiencing robust growth, driven by increasing legalization and shifting consumer preferences. As of 2023, the global marijuana market size is estimated to exceed $40 billion, with projections suggesting further expansion. Market research highlights evolving demographics and product diversification as key trends influencing future opportunities within the sector. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ Manitoba Harvest

◍ CW Hemp/CW Botanicals

◍ Aphria

◍ Canopy Growth Corporation

◍ Nutiva

◍ Agropro

◍ CV Sciences

◍ Isodiol

◍ ENDOCA

◍ Jinzhou Qiaopai Biotech

◍ North American Hemp & Grain Co

◍ Yunnan Industrial Hemp

◍ GFR Ingredients Inc

◍ Hempco

◍ Yishutang

◍ Naturally Splendid

◍ BAFA neu GmbH

◍ Aos Products

The marijuana market features companies like Canopy Growth and Aphria leading in production and distribution. Firms like CW Hemp and Manitoba Harvest focus on hemp-derived products. Key players enhance market growth through innovation and expanding product lines. Sales figures include:

- Canopy Growth: Approx. $400 million

- Aphria: Approx. $300 million

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Market Segmentation

By Application

Supermarkets

Convenience Stores

Others

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By Product

Marijuana Seeds

Marijuana Oil

Marijuana Protein

Marijuana Gel Caps

Market Growth

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$ X Billion USD

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Global Marijuana market cagr 8.4% by ReportPrime - Issuu