Legal Marijuana Market In-depth Research covering sales outlook, demand forecast & up-to-date key trends
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The global Legal Marijuana market is expected to grow at a CAGR of 27.8% during the forecast period.
The global Legal Marijuana market is estimated to be about 19820.9 million US dollars in 2020.
The global Legal Marijuana market is estimated to reach 52875.1 million USD by 2026.
The global Legal Marijuana market is segmented by company, region (country), type and application. Participants, stakeholders, and other readers in the global Legal Marijuana market will be able to gain an advantage as they use reports as a powerful resource.
Legal Marijuana markets by category
Indoor Cultivation
Outdoor Cultivation
Greenhouse Cultivation
Legal Marijuana Market by Application (Percentage of Demand)
Recreational
Medical
Who are the leading companies in Legal Marijuana
Medicine Man
Canopy Growth
Aphria
Aurora Cannabis Inc.
MCig Inc
Legal Marijuana markets by region:
In North America
In Latin America
Europe
The Asia-pacific
Middle East and Africa (MEA)
What are the main countries covered
The United States
Canada
Germany
France
UK
Italy
Russia
China
Japan
Korea
Southeast Asia
India
Australia
Brazil
Mexico
Argentina
Chile
Colombia
Egypt
Saudi Arabia
United Arab Emirates
Nigeria
South Africa
Which is the most profitable market
Among regions, North America/Europe/Asia Pacific accounted for the largest share of global personalized beauty equipment as rising consumer incomes led to increased spending at Legal Marijuana.
What methodology did you follow in your research
This study was conducted by our expert analysts through a combination of primary and secondary studies. The methodology we follow includes a demand-side assessment of the market and triangulation of this through supply-side analysis. The methodology is based on the use of standard market structures, methods, and definitions.
Who were the primary study respondents
We talk to stakeholders across the spectrum. Including C-level executives, distributors, product manufacturers, industry experts, etc.
What are the sources of secondary research
We conduct extensive secondary studies using proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations and research papers.
1. Introduction
1.1 Definition of the Market
1.2 Research Purpose
1.3 Scope of the Study
1.4 Stakeholders
1.5 Geography Coverage
1.6 Currency Under Consideration
1.7 Market Size Units
1.8 Review Cycle
2 Global Market Overview
2.1 Global Legal Marijuana Revenue and Growth Forecast 2014-2026
2.2 Global Legal Marijuana Market Size and Growth Forecast 2014-2026
2.3 Global Legal Marijuana Revenue by Region 2014-2026
2.4 Legal Marijuana Market Share by Major Regions 2014-2021
2.5 Legal Marijuana Gross Margin in Different Region 2014-2021
2.6 Global Legal Marijuana Market History Price and Forecast 2014-2026
2.7 Global Legal Marijuana Sales Market Share by Top Companies 2014-2021
3 Global Legal Marijuana Market by Type
3.1 Global Legal Marijuana Revenue and Growth Rate Segment by Types from 2014-2021
3.2 Global Legal Marijuana Market Size and Growth Rate Segment by Product Types from 2014-2021
3.3 Global Legal Marijuana Price Segment by Types from 2014-2021
3.4 Brief Introduction of Different Types
3.4.1 Indoor Cultivation
3.4.2 Outdoor Cultivation
3.4.3 Greenhouse Cultivation
4 Global Legal Marijuana Market by Application
4.1 Global Legal Marijuana Revenue and Growth Rate Segment by Applications from 2014-2021
4.2 Global Legal Marijuana Market Size and Growth Rate Segment by Product Applications from 2014-2021
4.3 Brief Introduction of Different Applications
4.3.1 Recreational
4.3.2 Medical
5 North America Legal Marijuana Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
5.1 North America Legal Marijuana Value ($) from 2014-2021
5.2 North America Legal Marijuana Market Size from 2014-2021
5.3 North America Legal Marijuana Price Change from 2014-2021
5.4 North America Legal Marijuana Import and Export from 2014-2021
5.5 North America Legal Marijuana Market Value ($) and Growth (%) by Type from 2014-2021
5.6 North America Legal Marijuana Market Value ($) and Growth (%) by Application from 2014-2021
5.7 North America Legal Marijuana Market Value ($) and Growth (%) by Countries from 2014-2021
5.7.1 The United States
5.7.2 Canada
5.8 Top North America Legal Marijuana Participants Value ($) and Market Share (%) in 2020
6 Europe Legal Marijuana Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
6.1 Europe Legal Marijuana Value ($) from 2014-2021
6.2 Europe Legal Marijuana Market Size from 2014-2021
6.3 Europe Legal Marijuana Price Change from 2014-2021
6.4 Europe Legal Marijuana Import and Export from 2014-2021
6.5 Europe Legal Marijuana Market Value ($) and Growth (%) by Type from 2014-2021
6.6 Europe Legal Marijuana Market Value ($) and Growth (%) by Application from 2014-2021
6.7 Europe Legal Marijuana Market Value ($) and Growth (%) by Countries from 2014-2021
6.7.1 Germany
6.7.2 France
6.7.3 UK
6.7.4 Italy
6.7.5 Russia
…
6.8 Top Europe Legal Marijuana Participants Value ($) and Market Share (%) in 2020
7 Asia-Pacific Legal Marijuana Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
7.1 Asia-Pacific Legal Marijuana Value ($) from 2014-2021
7.2 Asia-Pacific Legal Marijuana Market Size from 2014-2021
7.3 Asia-Pacific Legal Marijuana Price Change from 2014-2021
7.4 Asia-Pacific Legal Marijuana Import and Export from 2014-2021
7.5 Asia-Pacific Legal Marijuana Market Value ($) and Growth (%) by Type from 2014-2021
7.6 Asia-Pacific Legal Marijuana Market Value ($) and Growth (%) by Application from 2014-2021
7.7 Asia-Pacific Legal Marijuana Market Value ($) and Growth (%) by Countries from 2014-2021
7.7.1 China
7.7.2 Japan
7.7.3 Korea
7.7.4 Southeast Asia
7.7.5 India
7.7.6 Australia
…
7.8 Top Asia-Pacific Legal Marijuana Participants Value ($) and Market Share (%) in 2020
8 Latin America Legal Marijuana Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
8.1 Latin America Legal Marijuana Value ($) from 2014-2021
8.2 Latin America Legal Marijuana Market Size from 2014-2021
8.3 Latin America Legal Marijuana Price Change from 2014-2021
8.4 Latin America Legal Marijuana Import and Export from 2014-2021
8.5 Latin America Legal Marijuana Market Value ($) and Growth (%) by Type from 2014-2021
8.6 Latin America Legal Marijuana Market Value ($) and Growth (%) by Application from 2014-2021
8.7 Latin America Legal Marijuana Market Value ($) and Growth (%) by Countries from 2014-2021
8.7.1 Brazil
8.7.2 Mexico
8.7.3 Argentina
8.7.4 Chile
8.7.5 Colombia
…
8.8 Top Latin America Legal Marijuana Participants Value ($) and Market Share (%) in 2020
9 Middle East & Africa Legal Marijuana Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
9.1 Middle East & Africa Legal Marijuana Value ($) from 2014-2021
9.2 Middle East & Africa Legal Marijuana Market Size from 2014-2021
9.3 Middle East & Africa Legal Marijuana Price Change from 2014-2021
9.4 Middle East & Africa Legal Marijuana Import and Export from 2014-2021
9.5 Middle East & Africa Legal Marijuana Market Value ($) and Growth (%) by Type from 2014-2021
9.6 Middle East & Africa Legal Marijuana Market Value ($) and Growth (%) by Application from 2014-2021
9.7 Middle East & Africa Legal Marijuana Market Value ($) and Growth (%) by Countries from 2014-2021
9.7.1 Egypt
9.7.2 Saudi Arabia
9.7.3 United Arab Emirates
9.7.4 Nigeria
9.7.5 South Africa
…
9.8 Top Middle East & Africa Legal Marijuana Participants Value ($) and Market Share (%) in 2020
10. Global Level Competitive Intelligence – Company Profiles
10.1 Medicine Man
10.1.1 Medicine Man Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.1.2 Medicine Man Sales, Value, Gross and Gross Margin from 2014-2021
10.1.3 Medicine Man Value and Growth Change from 2014-2021
10.1.4 Medicine Man Price Change from 2014-2021
10.1.5 Medicine Man Product Offered
10.2 Canopy Growth
10.2.1 Canopy Growth Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.2.2 Canopy Growth Sales, Value, Gross and Gross Margin from 2014-2021
10.2.3 Canopy Growth Value and Growth Change from 2014-2021
10.2.4 Canopy Growth Price Change from 2014-2021
10.2.5 Canopy Growth Product Offered
10.3 Aphria
10.3.1 Aphria Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.3.2 Aphria Sales, Value, Gross and Gross Margin from 2014-2021
10.3.3 Aphria Value and Growth Change from 2014-2021
10.3.4 Aphria Price Change from 2014-2021
10.3.5 Aphria Product Offered
10.4 Aurora Cannabis Inc.
10.4.1 Aurora Cannabis Inc. Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.4.2 Aurora Cannabis Inc. Sales, Value, Gross and Gross Margin from 2014-2021
10.4.3 Aurora Cannabis Inc. Value and Growth Change from 2014-2021
10.4.4 Aurora Cannabis Inc. Price Change from 2014-2021
10.4.5 Aurora Cannabis Inc. Product Offered
10.5 MCig Inc
10.5.1 MCig Inc Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.5.2 MCig Inc Sales, Value, Gross and Gross Margin from 2014-2021
10.5.3 MCig Inc Value and Growth Change from 2014-2021
10.5.4 MCig Inc Price Change from 2014-2021
10.5.5 MCig Inc Product Offered
11. Market Dynamics
11.1 Driving Factors
11.1.1 Rising Demand in Some Regions: North America/Europe/China/India/Japan …
11.1.2 Increasing Use of Legal Marijuana by Different End-User/Applications
11.2 Restraints and Challenges in the Market
11.3 Opportunities
11.4 Covid-19 Impact/Evaluation
12. Future Forecast of Global Legal Marijuana Market from 2020-2026
12.1 Future Forecast of Global Legal Marijuana Market from 2020-2026 Segment by Regions
12.2 Future Forecast of Global Legal Marijuana Market from 2020-2026 Segment by Type
12.3 Future Forecast of Global Legal Marijuana Market from 2020-2026 Segment by Application
13. Investment Analysis
13.1 Fundamental Analysis (Porter's Five Forces Analysis)
13.2 Technical Preparation Analysis
13.3 Risk Evaluating Analysis
13.4 Estimated Investment Pay-Back Period
14 Research Methodology
14.1 Research Data
14.1.1 Secondary Data
14.1.2 Primary Data
14.2 Revenue Estimation
14.2.1 Bottom-Up Approach
14.2.2 Top-Down Approach (Involves time, Space, and Persons)
14.3 Data Triangulation
14.4 Assumptions
14.5 Hypothesis of this Research, Clear, specific, and testable statement of this research
14.6 Limitations of Our Study
14.7 Scene Based Modeling
15 Disclaimer Table Key Data Covered
Table Key Data Parameter
Figure Global Legal Marijuana Revenue and Growth Forecast 2014-2026
Figure Global Legal Marijuana Revenue and Growth Forecast 2014-2026
Table Global Legal Marijuana Revenue ($) by Region 2014-2026
Table Legal Marijuana Market Share by Major Regions 2014-2021
Table Legal Marijuana Gross Margin in Different Region 2014-2021
Figure Global Legal Marijuana Market History Price and Forecast 2014-2026
Table Global Legal Marijuana Sales Market Share by Top Companies 2014-2021
Table Global Legal Marijuana Revenue ($) and Growth Rate Segment by Types from 2014-2021
Table Global Legal Marijuana Market Size (Market Size) and Growth Rate Segment by Types from 2014-2021
Figure Global Legal Marijuana Price Segment by Types from 2014-2021
Figure Indoor Cultivation of Legal Marijuana
Figure Outdoor Cultivation of Legal Marijuana
Figure Greenhouse Cultivation of Legal Marijuana
Table Global Legal Marijuana Revenue ($) and Growth Rate Segment by Applications from 2014-2021
Table Global Legal Marijuana Market Size (Market Size) and Growth Rate Segment by Applications from 2014-2021
Figure Recreational of Legal Marijuana
Figure Medical of Legal Marijuana
Figure North America Legal Marijuana Value ($) and Growth Rate from 2014-2021
Figure North America Legal Marijuana Market Size and Growth Rate from 2014-2021
Figure North America Legal Marijuana Price Change from 2014-2021
Table North America Legal Marijuana Import and Export from 2014-2021
Table North America Legal Marijuana Value ($) and Growth (%) by Type from 2014-2021
Table North America Legal Marijuana Value ($) and Growth (%) by Application from 2014-2021
Table Top North America Legal Marijuana Participants Value ($) and Market Share (%) in 2020
Figure Europe Legal Marijuana Value ($) and Growth Rate from 2014-2021
Figure Europe Legal Marijuana Market Size and Growth Rate from 2014-2021
Figure Europe Legal Marijuana Price Change from 2014-2021
Table Europe Legal Marijuana Import and Export from 2014-2021
Table Europe Legal Marijuana Value ($) and Growth (%) by Type from 2014-2021
Table Europe Legal Marijuana Value ($) and Growth (%) by Application from 2014-2021
Table Top Europe Legal Marijuana Participants Value ($) and Market Share (%) in 2020
Figure Asia-Pacific Legal Marijuana Value ($) and Growth Rate from 2014-2021
Figure Asia-Pacific Legal Marijuana Market Size and Growth Rate from 2014-2021
Figure Asia-Pacific Legal Marijuana Price Change from 2014-2021
Table Asia-Pacific Legal Marijuana Import and Export from 2014-2021
Table Asia-Pacific Legal Marijuana Value ($) and Growth (%) by Type from 2014-2021
Table Asia-Pacific Legal Marijuana Value ($) and Growth (%) by Application from 2014-2021
Table Top Asia-Pacific Legal Marijuana Participants Value ($) and Market Share (%) in 2020
Figure Latin America Legal Marijuana Value ($) and Growth Rate from 2014-2021
Figure Latin America Legal Marijuana Market Size and Growth Rate from 2014-2021
Figure Latin America Legal Marijuana Price Change from 2014-2021
Table Latin America Legal Marijuana Import and Export from 2014-2021
Table Latin America Legal Marijuana Value ($) and Growth (%) by Type from 2014-2021
Table Latin America Legal Marijuana Value ($) and Growth (%) by Application from 2014-2021
Table Top Latin America Legal Marijuana Participants Value ($) and Market Share (%) in 2020
Figure Middle East & Africa Legal Marijuana Value ($) and Growth Rate from 2014-2021
Figure Middle East & Africa Legal Marijuana Market Size and Growth Rate from 2014-2021
Figure Middle East & Africa Legal Marijuana Price Change from 2014-2021
Table Middle East & Africa Legal Marijuana Import and Export from 2014-2021
Table Middle East & Africa Legal Marijuana Value ($) and Growth (%) by Type from 2014-2021
Table Middle East & Africa Legal Marijuana Value ($) and Growth (%) by Application from 2014-2021
Table Top Middle East & Africa Legal Marijuana Participants Value ($) and Market Share (%) in 2020
Table Medicine Man Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Table Medicine Man Sales, Value, Gross and Gross Margin from 2014-2021
Figure Medicine Man Value and Growth Change from 2014-2021
Figure Medicine Man Price Change from 2014-2021
Table Canopy Growth Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Table Canopy Growth Sales, Value, Gross and Gross Margin from 2014-2021
Figure Canopy Growth Value and Growth Change from 2014-2021
Figure Canopy Growth Price Change from 2014-2021
Table Aphria Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Table Aphria Sales, Value, Gross and Gross Margin from 2014-2021
Figure Aphria Value and Growth Change from 2014-2021
Figure Aphria Price Change from 2014-2021
Table Aurora Cannabis Inc. Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Table Aurora Cannabis Inc. Sales, Value, Gross and Gross Margin from 2014-2021
Figure Aurora Cannabis Inc. Value and Growth Change from 2014-2021
Figure Aurora Cannabis Inc. Price Change from 2014-2021
Table MCig Inc Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Table MCig Inc Sales, Value, Gross and Gross Margin from 2014-2021
Figure MCig Inc Value and Growth Change from 2014-2021
Figure MCig Inc Price Change from 2014-2021
Table Rising Demand in Some Regions: North America/Europe/China/India/Japan …
Table Global Legal Marijuana Value ($) and Growth Rate Forecast by Regions (2020-2026)
Table Global Legal Marijuana Production and Growth Rate Forecast by Regions (2020-2026)
Table Global Legal Marijuana Market Size and Growth Rate Forecast by Regions (2020-2026)
Table Global Legal Marijuana Production and Growth Rate Forecast by Types (2020-2026)
Table Global Legal Marijuana Market Size and Growth Rate Forecast by End-User/Applications (2020-2026)
Table Key Data from Secondary Sources
Figure Revenue Estimation by End-Use Industry
Figure Market: Data Triangulation
Figure Revenue Estimation: Top-Down Approach
Research Methodology:
Legal Marijuana Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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