PUNE, India, Dec. 13, 2017 /PRNewswire-iReach/ -- Cannabis,
also known as marijuana, is a family of plants called Cannabaceae.
There are more than 700 varieties of cannabis that have been
described so far. Based on characteristics such as shape, color,
height, smell, it is usually recognized by two main types: Cannabis
Sativa, a native of the Western Hemisphere and Cannabis Indica, a
native of Central and South
Asia.
Complete report on Legal Marijuana Market (Medical &
Recreational) market spread across 73 pages with providing 4
company profiles, 6 tables and 28 figures is now available at
http://www.marketreportsonline.com/704307.html.
Marijuana/Cannabis is mostly used as recreational and medicinal
drug. Cannabis as a medicine can be found in the ancient Chinese
tradition several thousand years ago. The indications showed
various therapeutic applications, such as malaria, rheumatic pains,
constipation, reproductive system disorders and others. Medical
cannabis refers to cannabis and its cannabinoid components, such as
tetrahydrocannabinol (THC) and cannabidiol (CBD), which are used as
treatments for treating diseases or alleviating the symptoms of
these diseases.
Company Coverage of Legal Marijuana Market: American Cannabis
Company, mCig, Inc., GreenGro Technologies, Inc. & Mentor
Capital, Inc.
In addition to the legalization of medical marijuana, there are
states which have also legalized the recreational use of this drug
for adults who are 21 years old or older. So far, eight states have
legalized recreational marijuana use, and 29 states allow marijuana
use for medical purposes in the US. These changes in state laws
have helped the growth of the cannabis industry.
Order a copy of this "Legal Marijuana Market (Medical &
Recreational)" research report at USD
800 (Single User License)
http://www.marketreportsonline.com/contacts/purchase.php?name=704307.
The key factors driving the growth of the marijuana/cannabis
market are technological advancement, premium pricing due to high
energy consumption in marijuana production, changing people's
attitude toward marijuana use and growing business opportunities,
increasing business sophistication, large base of potential
cannabis consumers, medical cannabis on the rise, increasing
licensed producers and the growth of the vaporizer industry. Some
of the trends and developments of this industry include national
expansion & brand growth, cannabis as healthcare treatment and
innovative product development. However, the expansion of
marijuana/cannabis market is hindered by legal issues, unfavorable
taxes, lack of federal support, lack of banking and financial
services and pesticides use issues.
The report "Legal Marijuana Market (Medical & Recreational)
with Focus on US & Canada:
Industry Analysis (2017-2021)" provides an in-depth analysis of the
US and Canada market on the basis
of its segments. The major trends, growth drivers as well as issues
being faced by the industry are being presented in this legal
marijuana market report. The key players in the industry,
American Cannabis Company, mCig, Inc., GreenGro Technologies, Inc.
and Mentor Capital Inc. are being profiled.
Major Points from Table of
Contents Provided in Legal Marijuana Market:
1. Marijuana Market Overview
1.1 Cannabis
1.2 History of Cannabis Legalization in the US
1.3 Cannabis Ingestion Methods
1.4 Uses of Marijuana/Cannabis
1.5 Medical Indications and Benefits
1.6 Adverse Effects of Marijuana/Cannabis
1.7 Overview of Marijuana Legalization Models
1.8 Overview of Cannabis Testing Technologies
2. Legal Marijuana Market
2.1 The US
2.2 Canada
3. Market Dynamics
3.1 Growth Drivers
3.2 Key Trends & Developments
3.3 Challenges
4. Competitive Landscape
4.1 Financial Comparison of Key Players
5. Company Profiles
Browse all latest healthcare market research reports at
http://www.marketreportsonline.com/cat/healthcare-market-research.html.
About Us:
Market Reports Online is a comprehensive online library of more
than 100,000 reports, in-depth market research studies on thousands
of micro markets and a range of industries. The reports are
analytically and statistically rich, and offer a comprehensive view
of the dynamic market scenario across the globe. We offer online
and offline support services to ensure your research requirements
are met on time.
Media Contact: Hrishikesh
Patwardhan, MarketReportsOnline, + 1 888 391 5441,
sales@marketreportsonline.com
News distributed by PR Newswire iReach:
https://ireach.prnewswire.com
SOURCE Market Reports Online