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Americas Marijuana Market Outlook and Opportunities in Growing Regions

Geographically, the U.S. leads the Americas marijuana market and it is expected to maintain its position in the forecast period. This growth is attributed to factors such as legalization of marijuana across the nation, hefty investments in the cannabis industry, and widespread R & D activities directed at evaluating the potential of cannabis for medicinal applications.

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Americas Marijuana Market Outlook and Opportunities in Growing Regions

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  1. Americas Marijuana Market Size, Trends, Company Profiles, Growth Rate, Trends and its Emerging Opportunities 1 ©P&SIntelligence.Allrightsreserved

  2. The Americas cannabis market is expected to witness a CAGR of 22.5% during the forecast period by P&S Intelligence. The Americas cannabis market is accelerated by factors such as escalating use of cannabis in wellness and medicinal products and surging investments for the development of these products. Moreover, legalization of cannabis for recreational purposes will drive the market at 22.5% CAGR during the forecast period (20202025). The market stood at $93,487.2 million in 2019, which is projected to reach $293,791.0 million by 2025. Regular users in Canada and several states of the U.S. are consuming this weed on a day-to- day basis, due to its legalization and availability at legal stores. One of the key factors driving the Americas cannabis market growth is the rising interest in the development of consumer products and therapies based on cannabis and its constituent chemicals. Moreover, legalization of the material across the U.S. and Canada has encouraged neighboring countries to join the trend of decriminalizing and deregulating cannabis and its related products. Latin American (LATAM) countries, such as Brazil, Argentina, Colombia, Peru, and Mexico, have completely or partially legalized the sale of cannabidiol (CBD)- and tetrahydrocannabinol (THC)-infused products. Download report sample at: https://www.psmarketresearch.com/market-analysis/americas- cannabis-market/report-sample Additionally, increasing investments across the cannabis supply chain will also augment the Americas cannabis market growth in the coming years. The rapid deregulation of hemp and CBD across the region has increased the interest among market players. This has further led to the spike in market activities, such as licensing, investment in research and development (R & D), distribution of products, and marijuana and hemp production. Thus, the market players are working toward expanding their geographical reach, developing their supply chain, and ramping up the production of numerous CBD and THC products. Geographically, the U.S. leads the Americas marijuana market and it is expected to maintain its position in the forecast period. This growth is attributed to factors such as legalization of marijuana across the nation, hefty investments in the cannabis industry, and widespread R & D activities directed at evaluating the potential of cannabis for medicinal applications. Moreover, the adoption of advanced technologies to expand access to marijuana will also propel the market growth in the future. Make Enquiry Before Buying the Report: https://www.psmarketresearch.com/send- enquiry?enquiry-url=americas-cannabis-market Market Segmentation by Product Type •Cannabidiol (CBD) oTinctures oTopicals oCartridges oCapsules oOthers

  3. •Tetrahydrocannabinol (THC) oDry herbs oWaxes oOils oEdibles oOthers Market Segmentation by Legality •Illegal •Legal Market Segmentation by Application •Recreational •Medicinal Market Segmentation by Distribution Channel •Vape Shops •Specialty Stores •Pharmacies •Online Stores •Others Market Segmentation by Country •U.S. •Canada •Mexico •Brazil •Argentina •Chile •Colombia •Rest of Americas Report Coverage: •Historical and the present size of the Americas Marijuana Market •Major factors driving the market and their impact during the short, medium, and long terms •Market restraints and their impact during the short, medium, and long terms •Recent trends and evolving opportunities for the market participants •Historical and the present size of the market segments and understand their comparative future potential •Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings •Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders

  4. •Major players operating in the market and their service offerings •Recent strategic developments by the major players in the market About P&S Intelligence P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. 3 ©P&SIntelligence.Allrightsreserved

  5. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd.

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