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Global Legal Cannabis Market: Size, Trends and Forecast (2018-2022)

Global Legal Cannabis Market: Size, Trends and Forecast (2018-2022)
Scope of the Report

The report entitled “Global Legal Cannabis Market: Size, Trends and Forecast (2018-2022)” provides an in-depth analysis of the legal cannabis market including detailed description of market sizing and growth. The report provides an analysis of the global legal cannabis market by value and by region. The report also includes regional analysis of the US, Canada and the international legal cannabis market. The report also provides detailed regional analysis of legal cannabis market by value, by segments and includes in-depth segment analysis as well. Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global legal cannabis market has also been forecasted for the period 2018-2022, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The major players dominating the legal cannabis market are mCig, Inc., Canopy Growth Corporation, GW Pharmaceuticals and Arena Pharmaceuticals. The four companies have been profiled in the report providing detailed analysis of their financial information and business strategies.

Country Coverage

Canada
The US
International

Company Coverage

mCig, Inc.
Canopy Growth Corporation
GW Pharmaceuticals
Arena Pharmaceuticals

Executive Summary

Cannabis is a genus of flowering plants which includes three varieties or species: Cannabis sativa, Cannabis indica and Cannabis ruderalis. Cannabis is used for a variety of purposes such as for fiber, for seed and seed oils and for recreational and medical purposes. Cannabis can be consumed by using various methods such as smoking, vaporization or consumed in the form of edibles, cannabis oils and tinctures or as raw cannabis. The cannabis plant contains various active chemicals known as cannabinoids which are found with other active chemicals such as terpenoids and flavonoids. Cannabis is consumed by recreational users for a lot of purposes including pain relief, better sleep, relaxing or for the treatment of anxiety, Alzheimer’s disease, multiple sclerosis, glaucoma and depression.

The global legal cannabis market has been segmented on the basis of type, chemical derivatives, end-use, product type and medical applications. On the basis of type, the market is segmented into medical and recreational. Chemical derivatives of cannabis includes tetrahydrocannabinol (THC), cannabidiol (CBD) and hybrid. Various end-users of the legal cannabis market are pharmaceutical industry, research and development centers and others. On the basis of product type, the legal cannabis market is segmented into buds, oil and tinctures. Cannabis also has some medical applications and is used in the treatment of various diseases such as chronic pain, arthritis, migraine, cancers and other diseases.

The global legal cannabis market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2018-2022). The market is expected to be driven by various growth enhancing factors such as rising investments in the cannabis industry, growth of vaporizer market, growing number of medical cannabis patients, rapid cannabis legalization, rising cannabis consumption etc. However, the market is not free from challenges that are hindering its growth. Some of the major challenges faced by the market are lack of banking and financial services, complex distribution and marketing process and high taxes.


1. Executive Summary
2. Introduction
2.1 Cannabis: An Overview
Table 1: THC/CBD Color Spectrum
2.1.1 Cannabis Species
Table 2: Cannabis Species
2.1.2 Origin of Cannabis
2.1.3 Cannabis Extraction
Table 3: Types of Cannabis Extracts
2.2 Use of Cannabis in Medical Treatments
Table 4: Use of Cannabis in Medical Treatments
2.3 Cannabis Ingestion Methods
Table 5: Cannabis Ingestion Methods
2.4 Risks of Cannabis Use
Table 6: Risks of Cannabis Use
2.5 Cannabis Segmentation: An Overview
Table 7: Cannabis Segmentation
3. Global Market Analysis
3.1 Global Legal Cannabis Market: An Analysis
3.1.1 Global Legal Cannabis Market by Value
Table 8: Global Legal Cannabis Market by Value; 2016-2017 (US$ Billion)
Table 9: Global Legal Cannabis Market by Value; 2018-2022 (US$ Billion)
3.1.2 Global Legal Cannabis Market by Region (The US, Canada, International)
Table 10: Global Legal Cannabis Market by Region; 2017 (Percentage, %)
4. Regional Market Analysis
4.1 Canada Legal Cannabis Market: An Analysis
4.1.1 Canada Legal Cannabis Market by Value
Table 11: Canada Legal Cannabis Market by Value; 2016-2017 (US$ Billion)
Table 12: Canada Legal Cannabis Market by Value; 2018-2022 (US$ Billion)
4.1.2 Canada Legal Cannabis Market by Segments (Medical, Recreational)
Table 13: Canada Legal Cannabis Market by Segments; 2017-2018 (Percentage, %)
4.2 Canada Legal Cannabis Market: Segment Analysis
4.2.1 Canada Medical Cannabis Market by Value
Table 14: Canada Medical Cannabis Market by Value; 2016-2017 (US$ Billion)
Table 15: Canada Medical Cannabis Market by Value; 2018-2022 (US$ Billion)
4.2.2 Canada Recreational Cannabis Market by Value
Table 16: Canada Recreational Cannabis Market by Value; 2018-2022 (US$ Billion)
4.3 The US Legal Cannabis Market: An Analysis
4.3.1 The US Legal Cannabis Market by Value
Table 17: The US Legal Cannabis Market by Value; 2016-2017 (US$ Billion)
Table 18: The US Legal Cannabis Market by Value; 2018-2022 (US$ Billion)
4.3.2 The US Legal Cannabis Market by Segments (Medical, Recreational)
Table 19: The US Legal Cannabis Market by Segments; 2017 (Percentage, %)
4.3.3 The US Medical Cannabis Market by Region (California, Colorado, Florida, Massachusetts, New Mexico, Maryland, Illinois, Vermont, Others)
Table 20: The US Medical Cannabis Market by Region; 2017 (Percentage, %)
4.4 The US Legal Cannabis Market: Segment Analysis
4.4.1 The US Recreational Cannabis Market by Value
Table 21: The US Recreational Cannabis Market by Value; 2016-2017 (US$ Billion)
Table 22: The US Recreational Cannabis Market by Value; 2018-2022 (US$ Billion)
4.4.2 The US Medical Cannabis Market by Value
Table 23: The US Medical Cannabis Market by Value; 2016-2017 (US$ Billion)
Table 24: The US Medical Cannabis Market by Value; 2018-2022 (US$ Billion)
4.4.3 The US Medical Cannabis Market by Application (Chronic Pain, Arthritis, Migraine, Cancer, Others)
Table 25: The US Medical Cannabis Market by Application; 2017 (Percentage, %)
4.5 The US Medical Cannabis Market: Application Analysis
4.5.1 Chronic Pain Medical Cannabis Market by Value
Table 26: Chronic Pain Medical Cannabis Market by Value;
2017-2022 (US$ Billion)
4.5.2 Arthritis Medical Cannabis Market by Value
Table 27: Arthritis Medical Cannabis Market by Value; 2017-2022
(US$ Billion)
4.5.3 Migraine Medical Cannabis Market by Value
Table 28: Migraine Medical Cannabis Market by Value; 2017-2022 (US$ Billion)
4.5.4 Cancer Medical Cannabis Market by Value
Table 29: Cancer Medical Cannabis Market by Value; 2017-2022 (US$ Million)
4.5.5 Other Medical Cannabis Market by Value
Table 30: Other Medical Cannabis Market by Value; 2017-2022 (US$ Million)
4.6 The US Legal Cannabis Market: Regional Analysis
4.6.1 California Cannabis Market by Value
Table 31: California Cannabis Market by Value; 2016-2017 (US$ Billion)
Table 32: California Cannabis Market by Value; 2018-2022 (US$ Billion)
4.6.2 Massachusetts Cannabis Market by Value
Table 33: Massachusetts Cannabis Market by Value; 2016-2017 (US$ Million)
Table 34: Massachusetts Cannabis Market by Value; 2018-2022 (US$ Million)
4.6.3 Colorado Cannabis Market by Value
Table 35: Colorado Cannabis Market by Value; 2016-2017 (US$ Billion)
Table 36: Colorado Cannabis Market by Value; 2018-2022 (US$ Billion)
4.6.4 New Mexico Cannabis Market by Value
Table 37: New Mexico Cannabis Market by Value; 2016-2017 (US$ Million)
Table 38: New Mexico Cannabis Market by Value; 2018-2022 (US$ Million)
4.6.5 Vermont Cannabis Market by Value
Table 39: Vermont Cannabis Market by Value; 2016-2017 (US$ Million)
Table 40: Vermont Cannabis Market by Value; 2018-2022 (US$ Million)
4.6.6 Florida Cannabis Market by Value
Table 41: Florida Cannabis Market by Value; 2017-2022 (US$ Billion)
4.6.7 Illinois Cannabis Market by Value
Table 42: Illinois Cannabis Market by Value; 2016-2017 (US$ Million)
Table 43: Illinois Cannabis Market by Value; 2018-2022 (US$ Million)
4.6.8 Maryland Cannabis Market by Value
Table 44: Maryland Cannabis Market by Value; 2017-2022 (US$ Million)
4.7 International Legal Cannabis Market: An Analysis
4.7.1 International Legal Cannabis Market by Value
Table 45: International Legal Cannabis Market by Value; 2016-2017 (US$ Billion)
Table 46: International Legal Cannabis Market by Value; 2018-2022 (US$ Billion)
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Rising Investments in Cannabis Industry
Table 47: Global Cannabis Industry Investments; 2013-2017 (US$ Million)
5.1.2 Growth of Vaporizer Market
Table 48: Global Vaporizers and Accessories Market Sales; 2014-2022 (US$ Billion)
5.1.3 Growing Number of Medical Cannabis Patients
Table 49: Canada Medical Cannabis Patients; April 17-March 18 (Thousands)
5.1.4 Rapid Cannabis Legalization
Table 50: Number of Legalized States in the US for Medical Cannabis; 2013-2017
5.1.5 Increase in Cannabis Consumption
Table 51: The US Cannabis Consumption Rate; 2012-2016 (Percentage, %)
Table 52: Canada Cannabis Prices; 2012-2017 (US$ per gram)
5.1.6 Increasing Recreational Users of Cannabis
Table 53: Number of Legal Recreational Cannabis Users in Canada; 2018-2021 (Million)
5.1.7 Increase in Disposable Income
Table 54: Global Consumer Expenditure and Disposable Income Growth Rate; 2012-2016 (Percentage, %)
5.2 Challenges
5.2.1 Lack of Banking and Financial Services
5.2.2 High Taxes
Table 55: The US Cannabis Tax Revenue; 2016-2021 (US$ Billion)
5.2.3 Complex Distribution and Marketing Process
5.3 Market Trends
5.3.1 Rising Legal Cannabis Spending
Table 56: Legal Cannabis Spending by Region; 2017-2022 (US$ Billion)
5.3.2 Use of Blockchain Technology
Table 57: Global Blockchain Market by Value; 2016-2021 (US$ Billion)
5.3.3 Shift of American Companies to Canada for Expansion
Table 58: Number of American Cannabis Companies Trading on Canadian Securities Exchange; 2014-2018
5.3.4 Technological Advancement
6. Competitive Landscape
6.1 Global Legal Cannabis Market Players: Financial Comparison
Table 59: Global Legal Cannabis Market Players Financial Comparison; 2017/2018
6.2 Global Legal Cannabis Players by Market Share
Table 60: Global Legal Cannabis Players by Market Share; 2017 (Percentage, %)
6.3 Global Legal Medical Cannabis Players by Market Share
Table 61: Global Legal Medical Cannabis Players by Market Share; 2017 (Percentage, %)
6.4 Global Legal Cannabis Market Players by Cannabis-based Pharmaceutical Products
Table 62: Global Legal Cannabis Market Players by Cannabis-based Pharmaceutical Products
6.5 Canada Legal Cannabis Market Players by Production Capacity
Table 63: Canada Legal Cannabis Market Players by Production Capacity (Thousands of kg)
7. Company Profiles
7.1 mCig, Inc.
7.1.1 Business Overview
7.1.2 Financial Overview
Table 64: mCig, Inc. Revenue; 2014-2018 (US$ Million)
Table 65: mCig, Inc. Revenue by Segments; 2018 (Percentage, %)
7.1.3 Business Strategy
7.2 Canopy Growth Corporation
7.2.1 Business Overview
7.2.2 Financial Overview
Table 66: Canopy Growth Corporation Revenue; 2015-2018 (US$ Million)
7.2.3 Business Strategy
7.3 GW Pharmaceuticals
7.3.1 Business Overview
7.3.2 Financial Overview
Table 67: GW Pharmaceutical Revenue; 2013-2017 (US$ Million)
Table 68: GW Pharmaceutical Revenue by Segments; 2017 (Percentage, %)
Table 69: GW Pharmaceutical Revenue by Region; 2017 (Percentage, %)
7.3.3 Business Strategy
7.4 Arena Pharmaceuticals
7.4.1 Business Overview
7.4.2 Financial Overview
Table 70: Arena Pharmaceuticals Total Revenue; 2013-2017 (US$ Million)
7.4.3 Business Strategy

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