The Worldwide Marijuana Industry is Projected to Reach $19.9 Billion by 2027 – ResearchAndMarkets.com

The Worldwide Marijuana Industry is Projected to Reach .9 Billion by 2027 – ResearchAndMarkets.com
CANNANNEW REPORT

DUBLIN–(BUSINESS WIRE)–The “Marijuana Market Research Report by Type (Adult Use and Medical), Product Type, Medical Application, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) – Global Forecast to 2027 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering. The Global Marijuana Market size was estimated at USD 9,562.98 million in 2021, USD 10,783.22 million in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 13.01% to reach USD 19,925.50 million by 2027. Competitive Strategic Window: The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period. FPNV Positioning Matrix: The FPNV Positioning Matrix evaluates and categorizes the vendors in the Marijuana Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape. Market Share Analysis: The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits. The…

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Source : The Worldwide Marijuana Industry is Projected to Reach .9 Billion by 2027 – ResearchAndMarkets.com

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