North America Cannabis Market is Projected to Grow at a CAGR of 27.7% from 2022-27| MarkNtel Advisors
The North America Cannabis Market is anticipated to grow at a CAGR of around 27.7% during the forecast period, i.e., 2022-27.

Overview of the North America Cannabis Market: Key Statistics and Trends:

According to the latest report by MarkNtel Advisors, titled “North America Cannabis Market By Application (Medical Use {Chronic Pain, Mental Disorder, Cancer, Others [Nausea, Muscle Spasms, Migraine, Glaucoma], Self-Consumption / Private Use), By Product Type (Flower, Oil), By Distribution Channel (Regulated Dispensary, Recreational Stores, Stand-Alone Retailers, Online Portals), By End-User (Patients, Research Institute, Research Companies), The  North America Cannabis Market is anticipated to grow at a CAGR of around 27.7% during the forecast period, i.e., 2022-27. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.

North America Cannabis Market Growth and Scope:

Base Year: 2021

Forecast Period: 2022-27

Historical Data: 2017-20

CAGR (2022-2027): 27.7%

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Key Driver

  • A rapid surge in the legalization & social acceptance of cannabis
  • The rise in cannabis-based consumables
  • Snowballing medical use of cannabis

A Comprehensive Analysis of Leading Companies of North America Cannabis Market by MarkNtel Advisors:

  • 22nd Century Group Inc
  • Medical Marijuana Inc
  • Hemp Inc
  • Axim Biotechnologies Inc
  • Arena Pharmaceuticals Inc.
  • Canopy Growth Corporation
  • Aphria Inc
  • Aurora Cannabis Inc
  • Abcann Medicinals Inc

Key North America Cannabis Market Segmentation:

Explore Our Comprehensive Study:  https://www.marknteladvisors.com/research-library/north-america-cannabis-market.html

-By End-User

  • Medical Use
  • Self-Consumption / Private Use

Among all, Medical Cannabis is anticipated to capture the largest market share during 2022-27.

-By Type

  • Flower
  • Oil

Here, Flower-Based cannabis is projected to witness the maximum demand across North America through 2027.

-By Application

  • Medical Use
  • Self-Consumption / Private Use

-By Distribution Channel

  • Regulated Dispensary
  • Recreational Stores
  • Stand-Alone Retailers
  • Online Portals

Geographical Analysis

-By Country

  • US
  • Canada
  • Mexico

Of all, Canada is anticipated to dominate the market with the largest share during the forecast period.

Key Reports Highlights:

  • Market Dimensions & Projections
  • Pricing Evaluation,
  • Recent Strategic Moves by Companies,
  • Primary Stakeholders,
  • Analysis of Import and Export Trends,
  • Competitive Landscape Assessment,
  • Emerging Opportunities,
  • Market Trends and Indicators

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Key Advantages of the Report by MarkNtel Advisors:

  • Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
  • Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
  • Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.

Note: If you need additional information not included in the report, we can customize it to suit your requirements.

About Us –

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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North America Cannabis Market is Projected to Grow at a CAGR of 27.7% from 2022-27| MarkNtel Advisors
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