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Global Legal Marijuana Market 2016-2020

Global Legal Marijuana Market 2016-2020

About Marijuana

Marijuana, one of the premium variants of cannabis, is used for recreational (psychoactive drugs) and medicinal purposes. It contains a maximum 30% of cannabinoids (CBD) and tetrahydrocannabinol (THC), which is a major psychoactive element.

Technavio’s analysts forecast the global legal marijuana market to grow at a CAGR of 37.38% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global legal marijuana market for 2016-2020. To calculate the market size, the report considers the revenue generated from legal sales of marijuana.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Legal Marijuana Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • American Cannabis
  • Canopy Growth
  • GreenGro Technologies
  • mCig
  • Mentor Capital
  • Terra Tech
  • United Cannabis
Other prominent vendors
  • Aphria
  • Cannabis Sativa
  • Cannabis Science
  • Cannabrand
  • Chuma Holdings
  • MedMen
  • Meadow
  • MJIC
  • Monarch America
  • Natural Cannabis
  • Novus Acquisition & Development
  • Oregon Green Seed
  • Organigram
  • Origin Cannabis
  • Potbotics
  • Privateer Holdings
  • Willie’s Reserve
Market driver
  • Rising social acceptance of marijuana and growing business opportunities
  • For a full, detailed list, view our report
Market challenge
  • Adverse impact on public health
  • For a full, detailed list, view our report
Market trend
  • Increase in online market vendors
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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 – Global Legal Marijuana Market 2016-2020

Technavio recognizes the following companies as the key players in the global legal marijuana market: American Cannabis, Canopy Growth, GreenGro Technologies, mCig, Mentor Capital, Terra Tech, and United Cannabis.

Other Prominent Vendors in the market are: Aphria, Cannabis Sativa, Cannabis Science, Cannabrand, Chuma Holdings, MedMen, Meadow, MJIC, Monarch America, Natural Cannabis, Novus Acquisition & Development, Oregon Green Seed, Organigram, Origin Cannabis, Potbotics, Privateer Holdings, and Willie’s Reserve.

Commenting on the report, an analyst from Technavio’s team said: “The cannabis market is set to undergo major changes with the ongoing digitization trend in business processes and its impact on corporate business models. Many vendors are using the internet to reach a large number of targeted audience through online and mobile advertisements. In addition, several new start-ups are launching their mobile apps to reach remotely located customers. For instance, Nestdrop is a mobile app which delivers medicinal cannabis to the customers within a specific period depending on the delivery specifications. The introduction of such technologies has increased the vendor's reach, impacting the market positively.”

According to the report, rising social acceptance of marijuana and growing business opportunities will be a key driver for market growth. The society's perception of marijuana is shifting from an intoxicating drug to serious business venture. The cannabis market posted a growth of 70% during 2013 and 2014, successfully attracting the attention of several large and small investors. The growth of the marijuana market has significantly increased the revenue for dispensary owners as well as cultivators and governments. In addition, the growing popularity of marijuana for recreational purpose is increasing the market competition and business opportunity for several vendors. Ancillary businesses such as cannabis oil market, hookahs parlor, bubblers, volcano vaporizers and percolated bongs, THC-infused ice cream, and brownies are also profiting from the growing legal marijuana market.

Further, the report states that the population near the commercial markets where marijuana is available will be exposed to use, misuse, and abuse of the substance, adversely affecting the health and life of the users. Legalizing marijuana for recreational use further exposes children and non-smokers to the passive consumption. Protection of laborers working in the marijuana farm is another major challenge the market faces.

Companies Mentioned

American Cannabis, Canopy Growth, GreenGro Technologies, mCig, Mentor Capital, Terra Tech, United Cannabis, Aphria, Cannabis Sativa, Cannabis Science, Cannabrand, Chuma Holdings, MedMen, Meadow, MJIC, Monarch America, Natural Cannabis, Novus Acquisition & Development, Oregon Green Seed, Organigram, Origin Cannabis, Potbotics, Privateer Holdings, Willie’s Reserve.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Base year
    • Vendor segmentation
    • Summation errors
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Key market highlights in global legal marijuana market
  • Legal marijuana versus alcohol and tobacco
    • Influence of alcohol and tobacco consumption on marijuana market
      • Table Annual consumption of alcohol and tobacco versus legal marijuana consumption per consumer in leading countries 2015
      • Table Scatter plot of alcohol and tobacco consumption versus legal marijuana consumption
      • Table Scatter plot of alcohol and tobacco consumption versus legal marijuana in US, Canada, Germany, Australia, and Mexico 2015
      • Table Scatter plot of alcohol and tobacco consumption versus legal marijuana consumption in select countries 2015
  • Market landscape
    • Cannabis industry structure in US
      • Table Laws and enforcement agency formed during the period 1930-1990 in US
    • Market overview
      • Table Market segmentation of global legal marijuana market
      • Table Global legal marijuana market 2015-2020 ($ billions)
      • Table Different jobs in the cannabis market
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by usage
    • Global marijuana market by usage
      • Table Global legal marijuana market by usage in 2015 and 2020
    • Global legal marijuana market by medicinal use
      • Table Global legal marijuana market by medicinal use 2015-2020 ($ billions)
      • Table Time consumed and production stages of medicinal cannabis
      • Table Segmentation of legal medicinal marijuana market 2015
      • Table Various medical benefits of CBD
    • Global legal marijuana market by recreational use
      • Table Global legal marijuana market by recreational use 2015-2020 ($ billions)
  • Market segmentation by consumption
    • Global legal marijuana market by consumption
      • Table Global marijuana market by consumption 2015-2020
    • Global legal marijuana market by solid edibles
      • Table Global marijuana market by solid edibles 2015-2020 ($ billions)
    • Global legal marijuana market by inhalation
      • Table Global marijuana market by inhalation 2015-2020 ($ billions)
    • Global legal marijuana market by liquid edibles
      • Table Global marijuana market by liquid edibles 2015-2020 ($ billions)
    • Global legal marijuana market by topicals
      • Table Global marijuana market by topicals 2015-2020 ($ billions)
  • Geographical segmentation
    • Global legal marijuana market by geography
      • Table Global legal marijuana market by geography 2015-2020
    • Legal marijuana market in Americas
      • Table Legal marijuana market in Americas 2015-2020 ($ billions)
    • Legal marijuana market in EMEA
      • Table Legal marijuana market in EMEA 2015-2020 ($ billions)
    • Legal marijuana market in APAC
      • Table Legal marijuana market in APAC 2015-2020 ($ billions)
  • Key leading countries
    • Key leading countries in global legal marijuana market
      • Table Legal status of marijuana usage in different countries 2015
    • Top 10 countries in legal marijuana market
      • Table Top 10 countries in terms of revenue through sales of legal marijuana 2015
      • Table Top 10 countries in legal marijuana market by revenue and market share 2015
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Total eradication of illegal cannabis plants in US for the period 2011-2014 (tons)
  • Vendor landscape
    • Competitive scenario
    • American Cannabis
    • Canopy Growth Corporation
    • GreenGro Technologies
    • mCig
    • Medical Marijuana
    • Mentor Capital
    • Terra Tech
    • United Cannabis Corporation
    • Other prominent vendors
      • Table Other prominent vendors in the global legal marijuana market
  • Appendix
    • List of abbreviations
  • Explore Technavio

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