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North America Cannabis Market 2020: Trends, Share, Industry Size, Growth Opportunities, Demands Analysis and Forecast till 2026

Cannabis is a type of drug that is obtained from plants such as cannabis indica and cannabis sativa. The active chemical present in the plant is tetrahydrocannabinol (THC). Cannabis plant has several medical as well as recreational usages. In medical, cannabis is reported to treat nausea, vomiting, chronic pains, asthma and many more diseases. The plant also has psychoactive and physiological effects when taken into the body.

This research study offers a comprehensive analysis on the market landscape along with its growth prospects according to the different regions involved in this market. In addition, the North America Cannabis market study includes an in-depth study of the regional scenario with the product life cycle across the industries in the world. Likewise, the report offers an extensive research about the recent product innovations as well as provides complete summary on the potential regional market share. Orbis Research report is the credible source of gaining the industry reports which will offer significant information about the different business requirements. The major objective of the Orbis Research report is offering a platform for the number of top-notch market research organizations across the globe to help the manufacturers for better decision making in finding the appropriate market research solutions.

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This research study also offers extensive analysis of the North America Cannabis market regional segmentation which will give better idea of each region and their product specifications, revenue, size, product innovations, and growth strategies. However, this information is useful for providers who are interested to invest in the North America Cannabis market. The report also offer the best solution which matches the precise consumer requirements at a regional and North America level. Additionally, the research report covers region wise study of market trends, share, future and current trends, and market historical and forecast data. Likewise, the North America Cannabis market report also comprise major developments and micro and macro-economic analysis of economies or regions which will provide a complete picture of this market by analyzing regions such as Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa. This study also focuses on the dominant and key players by region as well as competitive landscape which is useful to decision makers to understand market entry strategies.

Top Players:

  • penVAPE Shop.
  • The Cronos Group
  • Tilray
  • Marley Natural
  • Aurora Cannabis
  • Cara Therapeutics
  • ARUMA LABS HOLDINGS PTY LIMITED
  • Medcan Australia
  • Sundial Growers Inc.
  • Canopy Growth Corporation
  • GW Pharmaceuticals plc
  • The Scotts Company LLC
  • Aphria Inc., VIVO Cannabis Inc.
  • Cannatrek

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Market Segmentation

By Product Type (Buds, Oil, Tinctures, Others), Usage (Medical, Recreational), Crop Variety (Cannabis Indica, Cannabis Sativa, Others), Distribution Channel (Physical, Digital, Others) and Country (U.S., Canada)

North America cannabis market is segmented into four notable segments which are based on the basis of product type, usage, crop variety and distribution channel.

  • On the basis of product type, the market is segmented into buds, tinctures, oil and others
  • On the basis of usage, the market is segmented into medical and recreational
  • On the basis of crop variety, the market is segmented into cannabis indica, cannabis sativa and others
  • On the basis of distribution channel, the market is segmented into physical, digital and others

Some of the major factors contributing to the growth of the North America cannabis market:

  • Usage of cannabis for both, medical and recreational purposes
  • Legalization of cannabis in U.S. and Canada

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