Cannabis Market in the US 2015-2019

Cannabis Market in the US 2015-2019

About cannabis

Cannabis is popularly known as marijuana. It is prepared from cannabis plant for medical purpose. THC (tetrahydrocannabinol) is the major psychoactive part in cannabis. Its consumption is generally through chewing or smoking, and it contain at least 85 cannabinoids.

Technavio's analysts forecast the cannabis market in the US to grow at a CAGR of 41.8% over the period 2014-2019.

Covered in this report

This report covers the present scenario and the growth prospects of the cannabis market in the US for the period 2015-2019. This report provides data on the market based on the following: distribution channel, geography, and application.

Technavio's report, Cannabis Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the cannabis market in the US and its growth prospects in the coming years. The report includes a discussion of the key vendors in this market.

Key states

  • Arizona
  • California
  • Colorado
  • Washington
Key vendors
  • American Cannabis
  • Greengro
  • mCig
  • Medical Marijuana
  • Mentor Capital
  • Terra Tech
  • United Cannabis
Other prominent vendors
  • Cannabis Sativa
  • Cannabis Science
  • Cannabrand
  • Chuma Holdings
  • Dixie Elixirs & Edibles
  • Eaze
  • General Cannabis
  • MedMen
  • MJIC
  • Monarch America
  • Natural Cannabis
  • Novus Acquisition & Development
  • Oregon Green Seed
  • Origin Cannabis
  • Potbotics
  • Privateer Holdings
Key market driver
  • Demand for recreational purpose
  • For a full, detailed list, view our report
Key market challenge
  • Public consequences of legalizing cannabis/marijuana
  • For a full, detailed list, view our report
Key market trend
  • New and advanced cultivation process
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Cannabis Market in the US 2015-2019

Technavio recognizes the following companies as the key players in the Cannabis Market in the US: American Cannabis, Greengro, mCig, Medical Marijuana, Mentor Capital, Terra Tech and United Cannabis

Other Prominent Vendors in the market are: Cannabis Sativa, Cannabis Science, Cannabrandm Chuma Holdings, Dixie Elixirs & Edibles, Eaze, General Cannabis, MedMen, MJIC, Monarch America, Natural Cannabis, Novus Acquisition & Development, Oregon Green Seed, Origin Cannabis, Potbotics, and Privateer Holdings.

Commenting on the report, an analyst from Technavio’s team said: “With the adoption of new and advanced techniques, the market will witness a high volume of cannabis production. In addition, the adoption of hydroponic growth techniques has increased exponentially following the legalization of cannabis use for recreational purposes, thereby resulting in higher sales and revenue generation.”

According to the report, one of the major drivers is the increasing demand for cannabis for recreational purposes. With legalization, many vendors are investing heavily in the market to meet growing consumer demand. This has not only increased market opportunities for vendors, but it has also increased the tax revenue for the state government.

Further, the report states that the issues related to packaging are hindering the growth of the market. New regulations are placing more emphasis on child-resistant packaging, which leads to changes in the outer packaging, thereby leading to safer usage of the product; this has significantly affected the sales and profit margins of the vendors in the market.

Companies Mentioned

American Cannabis, Greengro, mCig, Medical Marijuana, Mentor Capital, Terra Tech, United Cannabis, Cannabis Sativa, Cannabis Science, Cannabrandm Chuma Holdings, Dixie Elixirs & Edibles, Eaze, General Cannabis, MedMen, MJIC, Monarch America, Natural Cannabis, Novus Acquisition & Development, Oregon Green Seed, Origin Cannabis, Potbotics, Privateer Holdings.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Cannabis industry structure in the US
      • Table Laws and enforcement agencies formed during the period 1930-1990
      • Table Timeline of cannabis legalization for medical or recreational purposes by states
      • Table Cannabis status by states
    • Market size and forecast
      • Table Cannabis market in US 2014-2019 ($ millions)
      • Table Types of job creation from cannabis industry
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Market overview
      • Table Cannabis market in US by application 2014-2019
      • Table Cannabis market in US by application 2014-2019 ($ millions)
      • Table Cannabis market in US by application 2015-2019 (percentage)
    • Medical cannabis market in US
      • Table Cannabis market 2014-2019 ($ millions)
    • Recreational cannabis market in US
      • Table Recreational cannabis market in US 2014-2019 ($ millions)
  • Market segmentation by geography
    • Market overview
      • Table Cannabis market in US by geography 2014-2019
      • Table Cannabis market in US 2014-2019 ($ millions)
      • Table Cannabis market in US 2014-2019 (percentage)
      • Table CAGR comparison of major states in US
    • Cannabis market in California
      • Table Cannabis market in California 2014-2019 ($ millions)
    • Cannabis market in Colorado
      • Table Cannabis market in Colorado 2014-2019 ($ millions)
    • Cannabis market in Washington
      • Table Cannabis market in Washington 2014-2019 ($ millions)
      • Table Comparison of new and old tax structures in Washington
    • Cannabis market in Arizona
      • Table Cannabis market in Arizona 2014-2019 ($ millions)
      • Table Breakdown of qualified patients in Arizona 2014
    • Cannabis market in other states
      • Table Cannabis market in other states 2014-2019 ($ millions)
  • Market segmentation by distribution channel
    • Market overview
      • Table Cannabis market in US by distribution channel 2014-2019
      • Table Market segmentation by distribution channel ($ millions)
      • Table Market segmentation by distribution channel (%)
    • Retail cannabis market in US
      • Table Retail cannabis market in US 2014-2019 ($ millions)
    • Wholesale cannabis market in US
      • Table Wholesale cannabis market in US 2014-2019 ($ millions)
  • Market drivers
    • Table Major trends in cannabis consumption in the state of Colorado
    • Table Percentage of people producing domestic cannabis
    • Table Expected growth rate of revenue from medical cannabis
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Average electricity consumption by legal marijuana industry in Washington
    • Table Other long- and short-term effects of cannabis
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Total eradication 2011-2014
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • American Cannabis
      • Table American Cannabis: Business segmentation by revenue 2014
      • Table American Cannabis: Geographical segmentation by revenue 2014
    • Greengro
      • Table Greengro: Business offerings
    • mCig
      • Table mCig: Business offerings
    • Medical Marijuana
      • Table Medical Marijuana: Business segmentation
    • Mentor Capital
      • Table Mentor Capital: Business segmentation 2014 by revenue
    • Terra Tech
      • Table Terra Tech: Subsidiaries
    • United Cannabis
      • Table United Cannabis: Business segmentation
  • Appendix
    • List of abbreviations
  • Explore Technavio

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