Search Result of 'marijuana'

Legal Marijuana Market Size, Share & Trends Analysis Report By Application (Medical, Adult Use), By Product Type (Flower, Oils and Tinctures), By Region, And Segment Forecasts, 2024 - 2030

The global legal marijuana market size was valued at USD 21.0 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 25.7% from 2024 to 2030. Increasing demand for legal marijuana is a major factor in growth of the market. Recently, many countries have legalized the use of medical marijuana for treating various conditions. 

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January 18, 2024

North America Legal Marijuana Market Size, Share & Trends Analysis Report By Product Type (Flower), By Marijuana Type (Adult), By Medical Use, By Region, And Segment Forecasts, 2023 - 2030

The North America legal marijuana market size was valued at USD 13.2 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 15.0% from 2023 to 2030. Across North America, cannabis legitimization has brought about a massive change in the market

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June 28, 2022

Germany Legal Cannabis Market Size, Share & Trends Analysis Report By Source (Hemp, Marijuana), By Derivatives (CBD, THC), By End-use, And Segment Forecasts, 2024 - 2030

The Germany legal cannabis market size was estimated at USD 32.8 million in 2023 and is expected to grow at a CAGR of 14.9% from 2024 to 2030. The market is driven by factors such as increasing adoption of cannabis for treating chronic diseases, positive legal developments, growing research on cannabis use, and increasing adoption & launch of CBD-infused cosmetic products. 

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May 27, 2024

Cannabis Cultivation Market Size, Share & Trends Analysis Report By Biomass (Hemp, Marijuana), By Application, By Region, And Segment Forecasts, 2023 - 2030

The global cannabis cultivation market was valued at USD 392.1 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 21.3% from 2023 to 2030. Growing legalization and the adoption of cannabis for the treatment of chronic diseases are the key factors driving the growth. In addition, the liberalization of laws related to cannabis cultivation, especially for hemp cultivation by various countries due to low THC content is further increasing its adoption. 

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February 2, 2023

Marijuana Drying and Curing Equipment Market Size, Share & Trends Analysis Report By Country (U.S., Canada, Germany, Australia, Uruguay, Israel, Colombia), And Segment Forecasts, 2023 - 2030

The global marijuana drying and curing equipment market size was valued at USD 126.7 million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 9.3% from 2023 to 2030. There is a growing demand for marijuana drying and curing equipment, owing to increasing number of countries legalizing cannabis for medical and recreational consumption, the growing cannabis cultivation and demand for high-quality cannabis products, the need for efficient and effective drying and curing processes, and the emergence of advanced technologies in the industry. 

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September 28, 2023

Australia Medical Cannabis Market Size, Share & Trends Analysis Report By Application (Cancer, AIDS), By Sources (Hemp, Marijuana), By Derivatives (CBD, THC), And Segment Forecasts, 2024 - 2030

The Australia medical cannabis market size was estimated at USD 93.54 million in 2023 and is projected to grow at a CAGR of 33.6% from 2024 to 2030. This growth is driven by a rising interest in alternative therapies for managing chronic pain, nausea, and various other health issues, as well as the introduction of new products and formulations. 

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June 11, 2024

Australia Legal Cannabis Market Size, Share & Trends Analysis Report By Source (Marijuana, Hemp), By Derivative (CBD, THC), By End-use (Medical Use, Recreational Use, Industrial Use), And Segment Forecasts, 2024 - 2030

The Australia legal cannabis market size was estimated at USD 88.1 million in 2023 and is anticipated to grow at a CAGR of 27.8% from 2024 to 2030. The industry growth is propelled by the growing awareness of the health benefits of cannabis and the legalization of marijuana, mostly for medical purposes. Furthermore, the increase in medical marijuana output as a result of increasing demands in the pharmaceutical sector is boosting overall growth.

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May 14, 2024

Medical Marijuana Market Size, Share & Trends Analysis Report By Product Type (Flower, Oil & Tinctures), By Application (Chronic Pain, Arthritis, Migraine, Cancer, Diabetes, AIDS, Epilepsy, Parkinson’s Disease), By Region, And Segment Forecasts, 2023 - 2030

The global medical marijuana market size was valued at USD 11.0 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 21.06% from 2022 to 2030. The industry is experiencing growth due to the rising awareness regarding various therapeutic applications of the product, such as pain management, appetite enhancement, and reducing eye pressure. Medical marijuana is classified into two types, namely, Cannabis Sativa and Cannabis Indica, which originate from the countries of the western hemisphere and central & south Asian regions, respectively.

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August 1, 2022

Legal Cannabis Market Size, Share & Trends Analysis Report By Source (Marijuana, Hemp), By Derivative (CBD, THC), By End Use (Medical Use, Recreational Use, Industrial Use), By Region, And Segment Forecasts, 2023 - 2030

The global legal cannabis market size was valued at USD 22.1 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 25.5% from 2023 to 2030. The increasing rate of legalization of cannabis and acceptance of its use in the medical field are the key factors due to which the market is expected to boom. Cannabis has long been used for medicinal purposes but not as the first line of treatment. 

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April 14, 2022

Germany And Netherlands Medical Marijuana Market Size, Share & Trends Analysis Report By Product (Flower, Oil), By Application (Chronic Pain, Mental Disorder, Cancer), By Country, And Segment Forecasts, 2020 - 2027

The Germany and Netherlands medical marijuana market size was valued at USD 977.7 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 13.0% from 2020 to 2027. Increasing the legalization and use of medical marijuana and its growing adoption for the treatment of chronic diseases are the key factors driving the growth of this market. In addition, the rising preference for prescribing marijuana for medical purposes is further increasing its adoption.

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September 7, 2020