The Cannabis Market: A Growing Opportunity
The global cannabis market size is estimated to be valued at USD 27.7 billion in 2022 and is projected to reach USD 82.3 billion by 2027, recording a CAGR of 24.3% in terms of value.
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North America is the largest market for cannabis, followed by Europe and Asia-Pacific. The North American market is being driven by the legalization of cannabis in Canada and the United States. The European market is being driven by the legalization of cannabis in several countries, such as Germany, Italy, and Portugal. The Asia-Pacific market is being driven by the growing demand for cannabis products in countries such as China, India, and Japan.
This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as Canopy Growth Corporation (Canada), Aurora Cannabis Inc. (Canada), VIVO Cannabis Inc. (Canada), Tilary Inc. (US), Unrivaled Brand Inc. (US), HEXO Corp. (Canada) etc.
The cannabis market is a dynamic and growing market. The market is expected to continue to grow in the coming years, driven by the increasing legalization of cannabis, the growing awareness of the medical benefits of cannabis, and the increasing popularity of cannabis-infused products.
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