Medical & Recreational Marijuana Growing in the US - Industry Market Research Report

Medical & Recreational Marijuana Growing in the US - Industry Market Research Report

Medical & Recreational Marijuana Growing

The Medical and Recreational Marijuana Growing industry flourished over the five years to 2018. Watershed legalization victories in recent years, most notably during the 2016 election cycle, proved that the cannabis industry is one of the fastest growing industries in the US. According to New Frontier Data, over one-third of the US population now live in states with newly expanded access to legal marijuana. Consumer attitudes are also accelerating legalization efforts at the state level. Furthermore, chronic illnesses and cancer become more prevalent as individuals age, and these ailments drive demand for medical marijuana products in particular. As a result, industry revenue is forecast to increase during the period. Over the five years to 2023, revenue is expected to continue growing. The future of the industry remains uncertain, however, until the federal government definitively rules to decriminalize marijuana.

This industry’s establishments grow marijuana for medical and recreational use. Most operators are nonprofit collectives that provide medical marijuana to other collective members. Transactions are typically conducted on a donation basis because the sale and distribution of marijuana is illegal in most states that permit medical marijuana. The industry also includes operators in Colorado and Washington, which grow medical and recreational marijuana on a for-profit basis.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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