North America Legal Cannabis Market Report, Industry Growth, Share,Size, Region and Forecast Till 2023

1. North America Legal Cannabis Market Research Report, Share, Size, Trend and Forecast By 2023 Copyright © IMARC Service Pvt Ltd. All Rights Reserved

2. About IMARC Group Report Description IMARC is a leading advisor on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description North America Legal Cannabis Market Report By Products Derived (Marijuana, Industrial Hemp and Others), Distribution Channel (Regulated Dispensary, Recreational Stores, Stand-Alone Retailer and Others), Region The legal cannabis market in North America is currently experiencing a positive growth. This can be attributed to the numerous benefits offered by cannabis, improved product quality along with favourable legalisations. Market Overview: The new report by IMARC Group, entitled “North America Legal Cannabis Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the North America legal cannabis market crossed the value of US$ 8 Billion in 2017. Belonging to the Cannabaceae family, the cannabis plant is cultivated in tropical and temperate areas across the globe. Delta-9 tetrahydro-cannabinol, also known as THC, is the main psychoactive constituent of cannabis which slows down the activity of the central nervous system and can produce hallucinogenic effects. In North America, the regulatory landscape is being modified so as to decriminalise the usage and possession of cannabis, which is helping in promoting the commercial cannabis business in the region. Moreover, the expanding research and development in the medical applications of cannabis is expected to create positive opportunities for the growth of the market.

4. Report Description and Highlights Report Description • North America Legal Cannabis Market Trends: • Currently, cannabis is found in different forms ranging from cannabis concentrates to dried and cured marijuana flowers. It is used for the treatment of a number of ailments including multiple sclerosis, chronic pain, social anxiety, depression, post-traumatic stress disorder, cancer, etc. In addition, the demand for cannabis is being propelled by favourable legalisations in numerous states of the United States. Moreover, there has been a shift in the preferences of the consumers towards cannabis extracts which contain higher concentrations of active cannabinoids. With the implementation of stringent regulations, the suppliers have to comply with proper safety control measures and provide the consumers with high quality products which further acts in favour of the growth of the market. On account of these factors, the market is expected to witness a robust growth, reaching a value of around US$ 35 Billion by 2023 with a CAGR of 28% during 2018-2023. • North America Legal Cannabis Market Segmentation: • Market Segmentation by Products Derived • Marijuana • Request for a sample report: • https://www.imarcgroup.com/north-america-legal-cannabis-market/requestsample

5. Market Forecast Sample Figure: North America: Legal Cannabis Market Forecast: Sales Value (in Billion US$), 2018-2023

6. Market Segmentation Report Description • Industrial Hemp • Others • The legal cannabis market in the North American region is segmented according to different types of cannabis-derived products including marijuana and industrial hemp. Currently, marijuana represents the largest segment. These products are further categorised on the basis of their applications. • Market Segmentation by Distribution Channel • Regulated Dispensary • Recreational Stores • Stand-Alone Retailer • Others • Based on distribution channel, the market is segregated into regulated dispensary, recreational stores and stand-alone retailer. Amongst these, regulated dispensary is the most popular segment, accounting for around two-fifths of the total market. • Market Segmentation by Region • For more information, click here: https://www.imarcgroup.com/north-america-legal-cannabis-market

7. Market Segmentation Report Description • United States • Canada • On a regional basis, the United States dominates the market, holding the majority of the market share. This growth can be accredited to the growing acceptance of both the recreational and medicinal use of cannabis across the region. The United States is followed by Canada. • Competitive Landscape: • The competitive landscape of the market has also been examined with the profiles of the key players operative in it. • In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.

8. Team Profile Our Team Comes From Some of the Top Universities Globally. Team Profile 60% Engineering and Science 5% Others 35% Business Studies Average Experience of 7+ Years Over 2000 Independent Consultants from different sectors.

9. Partial List of Clients • We are the trusted business partners to the world's leading corporates, governments, and institutions A partial List of our Clients

10. Partial List of Clients • We are the trusted business partners to the world's leading corporates, governments, and institutions A partial List of our Clients

11. Report Description and Highlights Report Description © 2018 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

12. Contact Us FOR MORE DETAILS Visit us at : https://www.imarcgroup.com Stay With Us: • TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com