#Tilray Inc.

[market-insider]

Canada Legal Cannabis Market Dynamics: Analyzing Current Size, Share, and Growth Trends

The Canada legal cannabis market size is expected to reach USD 5.79 billion by 2030, registering a CAGR of 10.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing awareness of the health benefits related to cannabis and CBD consumption for treating anxiety & seizures and reducing pain is projected to propel the market growth. The high demand for CBD for health and wellness purposes, attributed to its therapeutic properties, is a key driver in the market's growth.

Moreover, the rising number of clinical trials signifies the positive effects of utilizing cannabis for treating various medical conditions. For instance, in February 2024, researchers at the University of British Columbia introduced a first-of-its-kind clinical trial examining the potential of CBD as a treatment for bipolar depression. The trials were approved by Health Canada and funded by the Canadian Institutes of Health Research (CIHR) to investigate how CBD can help manage acute bipolar depression.

Canada Legal Cannabis Market Report Highlights

Based on source, the marijuana segment dominated the market in 2023 and is anticipated to witness the fastest growth over the forecast period owing to the growing adoption of marijuana-based products

Based on derivatives, the CBD segment held the largest market share in 2023, owing to the awareness regarding CBD's effectiveness in treating various medical conditions

Based on cultivation, the indoor segment held the largest market share in 2023 due to the incorporation of artificial intelligence (AI) in cannabis cultivation, rising investments, and favorable government initiatives

Based on end use, the recreational segment dominated the market in 2023 and is anticipated to grow at the fastest CAGR over the forecast period due to the growing consumption of cannabis in the form of vapes, foods, and beverages

For More Details or Sample Copy please visit link @: Canada Legal Cannabis Market Report

Moreover, medical professionals' increasing preference for cannabinoid-based formulations to treat numerous health conditions is another major factor supporting the country's market. Healthcare professionals' higher preference for CBG, CBN-derived products creates a positive influence on consumer minds, thereby boosting their adoption rate and popularity. For instance, in October 2021, Cronos Group Inc. launched its SPINACH FEELZ Chill Bliss 2:1 THC|CBG gummy that features THC and cultured CBG.

Some of the key players in the market are Canopy Growth Corporation, Charlotte's Web, Inc., Aurora Cannabis, Tilray Brands, The Cronos Group, Jazz Pharmaceuticals, Inc., Sundial Growers, and Maricann, Inc. These market players adopt key strategic initiatives to expand their business footprint and market position. For instance, in April 2023, Aurora Cannabis Inc. partnered with Strainprint and announced the launch of the tracking program through Strainprint App. The tracking program is designed for Aurora patients to keep track of their medical cannabis journey.

Furthermore, the rise in awareness regarding cannabis and its potential use in various industries and the introduction of educational programs boost the market growth. For instance, in July 2022, Tilray Brands launched a cannabis education platform, WeCare-Medical Cannabis. The platform is dedicated to educating patients and healthcare practitioners about medical cannabis.

List of major companies in the Canada Legal Cannabis Market

Canopy Growth Corporation

Charlotte's Web, Inc.

Aurora Cannabis Inc.

Tilray Brands

The Cronos Group

Jazz Pharmaceuticals, Inc.

Sundial Growers

Organigram Holding, Inc.

Maricann, Inc.

For Customized reports or Special Pricing please visit @: Canada Legal Cannabis Market Analysis Report

We have segmented the Canada legal cannabis market on the basis of source, derivatives, cultivation, end-use, and region.

[savibangar]

CBD-infused Products Market to Reach $291.39 Billion by 2031

Meticulous Research®, a leading global market research firm, has released a detailed report titled “CBD-infused Products Market—Global Opportunity Analysis and Industry Forecast (2024-2031).” This report forecasts that the CBD-infused products market is expected to reach an impressive $291.39 billion by 2031, growing at a compound annual growth rate (CAGR) of 30.6% from 2024 to 2031.

Download Research Report Sample @ https://www.meticulousresearch.com/download-sample-report/cp_id=5184

The significant growth of the CBD-infused products market is driven by several factors. The increasing demand for and legalization of cannabis, coupled with a rising interest in cannabis-infused edibles, plays a crucial role in market expansion. Additionally, the therapeutic health benefits associated with CBD-infused products are attracting more consumers. However, challenges remain, particularly the high cost of cannabidiol (CBD) and stringent government regulations concerning cannabis use in certain regions.

Another area of potential growth is the increasing demand for CBD-infused products in pet food, along with the rising popularity of cannabis-infused beverages. These segments present significant opportunities for market stakeholders looking to innovate and expand their offerings.

The competitive landscape of the CBD-infused products market is moderately crowded, featuring a mix of large, medium, and small players from global, regional, and local markets. Key companies in this sector include Canopy Growth Corporation, Aurora Cannabis Inc., and Tilray Brands, all based in Canada, as well as U.S. firms such as Cresco Labs, MariMed Inc., and Irwin Naturals Inc. Other notable players include GW Pharmaceuticals (U.K.), Elixinol Global Limited (Australia), and various companies from India and Europe.

The market is segmented based on source, type, and distribution channel. Among the sources analyzed, the hemp segment is expected to dominate, accounting for approximately 76.3% of the market in 2024. The preference for hemp-sourced CBD products is driven by their lower tetrahydrocannabinol (THC) concentrations, which eliminate psychoactive effects, making them suitable for a wide range of medical applications. Moreover, the anti-inflammatory and antioxidant properties of hemp-derived CBD contribute to its popularity.

Browse in depth @  https://www.meticulousresearch.com/product/cbd-infused-products-market-5184

Within the types of products, the edibles segment is projected to hold a substantial share of 33.6% in 2024. The growing trend of cannabis for recreational use, alongside increasing demand for cannabis-infused foods, significantly boosts this segment. Factors contributing to its growth include the expanding use of CBD in confectionery and bakery products, as well as a growing consumer base seeking alternatives to smoking.

Regarding distribution channels, the offline segment is anticipated to lead the market due to consumer preferences for in-person shopping experiences. This preference is fueled by the desire for authentic and high-quality products, as well as the enhanced shopping experience that physical stores provide.

Geographically, the report offers a comprehensive analysis of various regions, including North America (U.S. and Canada), Europe (Germany, France, U.K., Spain, Italy, and others), Asia-Pacific (Australia, China, India, Japan, and others), Latin America (Mexico, Brazil, Argentina, and others), and the Middle East & Africa (GCC, Israel, South Africa, and others).

North America is expected to dominate the market, holding a 59.5% share in 2024, valued at approximately $26.76 billion. This dominance is attributed to factors such as accessibility, technological advancements in CBD production, a large consumer base, and a growing shift towards CBD for both medical and recreational use. Increased consumer awareness of the health benefits of CBD and rising spending on these products further solidify North America’s leading position in the CBD-infused products market.

Request Customization Report @ https://www.meticulousresearch.com/request-customization/cp_id=5184

[harshnews]

Recreational Cannabis Market Size, Share, Trends, Opportunities, Key Drivers and Growth Prospectus

"Recreational Cannabis Market – Industry Trends and Forecast To 2030

Global Recreational Cannabis Market, By Product Type (Oils Tinctures, Transdermal Patches, Isolates Tablets, Flower, Concentrates, Edibles, Topicals, Tinctures, Others), Distribution Channel (Online, Offline), Species (Cannabis Indica, Cannabis Sativa, Hybrid) Compound (THC-Dominant, CBD-Dominant, Balanced THC, CBD), Application (Chronic Pain, Mental Disorders, Cancer, Others), Administration (Oral, Topical, Inhalation, Rectal, Sublingual), End Use (Pharmaceuticals, Food, Beverages, Tobacco, Personal Care, Research and Development Centres) – Industry Trends and Forecast to 2031.

Access Full 350 Pages PDF Report @

The global recreational cannabis market is experiencing significant growth and expansion as legalization efforts continue to spread across different regions. Factors such as increasing acceptance of cannabis for recreational purposes, changing consumer preferences, and the potential economic benefits are driving the market forward. Regulatory changes in various countries are also contributing to the growth of the recreational cannabis industry. With a shift in attitudes towards cannabis, more consumers are exploring recreational cannabis products and contributing to the market's overall growth.

**Segments**

- By Product Type: - Flower - Concentrates - Edibles - Topicals - Others

- By Distribution Channel: - Dispensaries - Online Retail - Others

- By Region: - North America - Europe - Asia-Pacific - Latin America - Middle East and Africa

The recreational cannabis market is segmented based on the type of products offered, the distribution channels utilized, and the geographical regions in which the market operates. The product types include flower, concentrates, edibles, topicals, and others, providing a wide range of options for consumers. Distribution channels primarily consist of dispensaries, online retail platforms, and other retail outlets catering to the diverse needs of consumers in accessing recreational cannabis products. Geographically, the market spans across regions like North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa, each with its unique market dynamics and regulatory environments.

**Market Players**

- Canopy Growth Corporation - Aurora Cannabis - Aphria Inc. - MedMen - Cronos Group - Tilray - The Green Organic Dutchman Holdings - Curaleaf Holdings - Terra Tech Corp - Trulieve Cannabis

Key market players in the recreational cannabis industry include prominent companies like Canopy Growth Corporation, Aurora Cannabis, Aphria Inc., and others. These companies are actively engaged in product innovation, strategic partnerships, mergers and acquisitions, and geographical expansions to strengthen their market presence and caterThe global recreational cannabis market is witnessing a significant surge in growth, fueled by factors such as increasing social acceptance of cannabis for recreational purposes, evolving consumer preferences, and the potential economic advantages associated with the industry. The relaxation of regulatory barriers in various countries further contributes to this market's expansion. As attitudes towards cannabis continue to shift positively, more consumers are embracing recreational cannabis products, leading to a notable uptick in market demand. The segmentation of the recreational cannabis market into product types, distribution channels, and geographical regions enables a comprehensive understanding of the industry landscape.

In terms of product types, the recreational cannabis market offers a diverse array of options to consumers, including flower, concentrates, edibles, topicals, and other innovative products. This wide range of choices caters to varying consumer preferences and consumption methods, driving market growth and fostering product innovation by industry players. Moreover, the availability of different distribution channels such as dispensaries, online retail platforms, and other retail outlets plays a crucial role in enhancing consumer access to recreational cannabis products. Dispensaries offer a personalized shopping experience, online retail platforms provide convenience, and other retail outlets ensure broader market reach, collectively contributing to market expansion and accessibility.

From a regional perspective, the recreational cannabis market spans across key regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America, particularly the United States and Canada, represents a significant market due to the legalization of recreational cannabis in several states and provinces. Europe is also emerging as a lucrative market with evolving regulatory frameworks and increasing consumer acceptance. The Asia-Pacific region holds immense growth potential, driven by shifting attitudes towards cannabis and regulatory changes. Latin America and the Middle East and Africa are witnessing gradual market development, presenting opportunities for industry players to expand their presence in these regions.

Leading market players in the recreational cannabis industry, including Canopy Growth Corporation, Aurora Cannabis, and Aphria Inc., are actively involved in strategic initiatives to strengthen their market positions. Product innovation, strategic partnerships,**Segments:**

- **By Product Type:** - Oils Tinctures - Transdermal Patches - Isolates Tablets - Flower - Concentrates - Edibles - Topicals - Tinctures - Others

- **By Distribution Channel:** - Online - Offline

- **Species:** - Cannabis Indica - Cannabis Sativa - Hybrid

- **Compound:** - THC-Dominant - CBD-Dominant - Balanced THC, CBD

- **Application:** - Chronic Pain - Mental Disorders - Cancer - Others

- **Administration:** - Oral - Topical - Inhalation - Rectal - Sublingual

- **End Use:** - Pharmaceuticals - Food - Beverages - Tobacco - Personal Care - Research and Development Centres

The global recreational cannabis market offers a diverse range of product types, including oils tinctures, transdermal patches, isolates tablets, flower, concentrates, edibles, topicals, tinctures, and other innovative products. This variety caters to different consumer preferences and desired applications, driving market growth and fostering continuous product innovation within the industry. The distribution channels, comprising online and offline platforms, play a vital role in

Global Recreational Cannabis Market survey report analyses the general market conditions such as product price, profit, capacity, production, supply, demand, and market growth rate which supports businesses on deciding upon several strategies. Furthermore, big sample sizes have been utilized for the data collection in this business report which suits the necessities of small, medium as well as large size of businesses. The report explains the moves of top market players and brands that range from developments, products launches, acquisitions, mergers, joint ventures, trending innovation and business policies.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Recreational Cannabis Market.

Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.

Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Recreational Cannabis Market.

The following are the regions covered in this report.

North America [U.S., Canada, Mexico]

Europe [Germany, UK, France, Italy, Rest of Europe]

Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]

South America [Brazil, Argentina, Rest of Latin America]

The Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]

Browse Trending Reports:

Forage Harvester Market Calcify Uremic Arteriolopathy Drug Market Alexipharmic Drugs Market Resectoscope Market Coal To Liquid Market Air Electrode Battery Market Power Sports Batteries Market Body Scrub Market Cataplexy Treatment Market Alveolar Capillary Dysplasia Treatment Market Quantum Computing Market Control Valves Market Hemodialysis Peritoneal Dialysis Market Breathable Films Market Utility Locator Market Food Humectants Market Electronic Safety System Market Reporter Gene Assay Market Security Assertion Markup Language Saml Authentication Market

About Data Bridge Market Research:

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact Us:

Data Bridge Market Research

US: +1 614 591 3140

UK: +44 845 154 9652

APAC : +653 1251 975

Email: corporatesales@databridgemarketresearch.com"

[foodandbeverages]

CBD Oil Market Size: Competitive Landscape and Recent Industry Development Analysis 2023 to 2033

As per the latest market research conducted by FMI, the global CBD oil market is expected to record a CAGR of 31% from 2023 to 2033. In 2023, the market size is projected to reach a valuation of US$ 389 million. By 2033, the valuation is anticipated to reach US$ 5,980.6 million.

The primary reasons propelling the market’s growth include rising demand and expanding legalization of cannabis, emerging applications of cannabis in cancer treatment, and the health advantages provided by products infused with cannabis. In the upcoming years, there are likely to be considerable development prospects for market participants due to the inclusion of cannabis in pet food and the rising demand for beverages with cannabis flavoring.

Cannabis is also the illicit substance that is grown, transported, and misused the most extensively worldwide. Broad cannabis use, both for recreational and therapeutic purposes, has received increasing acceptability across the United States, as indicated by legislative actions, ballot measures, and public opinion polls. In particular, a recent Quinnipiac University poll found that 55% of the United States people surveyed supported cannabis legalization without any new restrictions. Comparatively, 82% of survey participants supported the decriminalization of cannabis for medical use. Demand will progressively rise as legalization continues to spread globally, boosting the expansion of the CBD-infused products market as a whole.

Information Source: https://www.futuremarketinsights.com/reports/cbd-oil-market

Competitive Background:

The key players operating in the CBD oil market are investing in mergers and acquisitions in order to gain a significant market share. The manufacturers are also investing in research and development, and are introducing innovative methods to boost production capacity. Product development and market expansion are significant aspects of the CBD oil market. As a result, market participants are likely to have a better overall revenue share in the global CBD oil market.

Key Takeaways:

The CBD oil market is anticipated to reach a valuation of US$ 389 million in 2023.

The high efficacy of CBD produced from hemp for various medical uses, including developing a therapy for Parkinson’s disease, is what drives demand for this market.

The CBD oil market is predicted to record a CAGR of 31% through 2033.

The CBD oil market is expected to surpass US$ 5,980.6 million by 2033.

The CBD oil for pets market is being driven by entrepreneurs who are focusing on developing lotions, skin care, pet care, and textile products using cannabidiol.

Significant Players in the Market Include:

CV Sciences

Medical Marijuana

Aurora Cannabis

Canopy Growth Corporation

Canntrust

Tilray

Kazmira LLC

As the CBD oil market is in a nascent stage, market players are focusing on gaining maximum share by expanding their product portfolio through new product launches.

Recent Developments:

CV Sciences Inc. launched “Plus CBD Gummies” at Natural Product Expo East 2018. These gummies are available in citrus punch and cherry mango flavors. These products comply with strict regulatory standards and are gluten-free and vegan-friendly.

One Leaf, one of the top face mask manufacturers in China, has started executing social media and online marketplace promotional efforts for its CBD products.

Key Segments Covered in CBD oil Market Study

Product Type:

Hemp Oil

Marijuana Oil

Application:

Pharmaceuticals

Food & Beverages

Gummies

Chewing Gums

Chocolate bars

Candies

Beverages

Dairy Products

Bakery Products

Snacks

Cosmetics

Others

Distribution Channel:

Direct/B2B

Indirect/B2C

Hospital Pharmacy

Retail Pharmacy

Hypermarkets/Supermarkets

Convenience Store

Online Retail

Others

Region:

North America

Latin America

Europe

South Asia

East Asia

Oceania

Middle East and Africa

[health-views-updates]

The Evolving Legal Marijuana Market: What to Expect in the Coming Years

Legal Marijuana Market Outlook, Scope & Overview:

Industry reports indicate that the global legal marijuana market was valued at USD 21.08 billion in 2023 and is projected to reach USD 130.55 billion by 2031, growing at a CAGR of 25.6% over the forecast period 2024-2031.

Regulatory Changes and Increasing Acceptance to Drive Growth of Global Legal Marijuana Market

The adoption of legal marijuana for medical and recreational purposes will continue to influence global market revenues. Regulatory changes, increasing acceptance of cannabis use, and rising investments in cannabis cultivation and product development are key factors driving market growth.

As a product segment, medical marijuana currently holds a significant share of the global legal marijuana market. This segment is anticipated to grow at a year-over-year rate of 25.6% in 2024 over 2023 and reach USD 130.55 billion in revenues by 2031. The increasing recognition of marijuana's therapeutic benefits and the growing number of countries legalizing its medical use are expected to drive market growth.

Legal Marijuana Market – Market Dynamics

Drivers:

The legal marijuana market is witnessing significant growth in the global market due to the increasing legalization and decriminalization of cannabis across various regions. The rising acceptance of marijuana for both medical and recreational use, coupled with growing investments in cannabis research and development, are key factors driving the adoption of legal marijuana worldwide. Additionally, the expanding consumer base and the increasing availability of cannabis products through legal channels are further propelling market growth.

Restraints:

Despite the growth potential, challenges such as stringent regulatory requirements, social stigma, and the complexity of cannabis legalization across different regions are hindering the widespread adoption of legal marijuana. Moreover, concerns about potential misuse, the need for standardized dosing and quality control, and the risk of legal and financial uncertainties pose additional challenges to market expansion.

Legal Marijuana Market – Market Outlook

The proven benefits of legal marijuana in treating various medical conditions, improving quality of life, and offering recreational enjoyment have contributed to the market's growth. Legal marijuana is expected to witness increased adoption across major markets, including North America, Europe, and Asia Pacific, driven by favorable regulatory changes and the growing acceptance of cannabis use.

Global Legal Marijuana Market

The rise in demand for legal marijuana in developed and emerging markets is expected to drive market growth over the forecast period. North America currently holds a significant market share in the global legal marijuana market, with the US and Canada being key contributors to market revenues. Europe and Asia Pacific regions are also experiencing rapid adoption of legal marijuana, supported by evolving regulatory frameworks and increasing consumer demand.

Key Players in the Legal Marijuana Market

Leading companies in the legal marijuana market include Canopy Growth Corporation, Aurora Cannabis Inc., Tilray, Inc., and Cronos Group. These companies are at the forefront of developing and commercializing a wide range of cannabis products for medical and recreational use, including flowers, edibles, oils, and concentrates.

In conclusion, the global legal marijuana market is poised for substantial growth over the forecast period, driven by regulatory changes, increasing acceptance of cannabis use, and the expanding adoption of legal marijuana across diverse regions and applications.

Other Trending Reports

Sleep Apnea Devices Market Share by Company

Mammography Workstations Market Share by Company

CMO/CDMO Market Share by Company

Functional Service Providers (FSP) Market Share by Company

[nidhi0]

Rising Preference for Natural Products to Boost CBD Skincare Market

As per a new market research report by Inkwood Research, the Global CBD Skin Care Market is anticipated to progress with a CAGR of 21.97% during the forecast period, 2024-2032.

The comprehensive report spans 118 pages, featuring 97 market data tables and 71 figures. It provides an in-depth analysis of the Global CBD Skin Care Market by Source, User Demographic, Product Type, Price Range, Packaging, Distribution Channel, and Geography.

Refer to the Report Summary Here: https://inkwoodresearch.com/reports/cbd-skincare-market/

This insightful report by Inkwood Research delves into market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. Covering all aspects of the CBD skin care product market, the report offers valuable insights for existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs from industry professionals across the value chain.

Global CBD Skin Care Market Scenario

Cannabidiol (CBD), derived from cannabis plants, has emerged as a key ingredient in skincare formulations. Notable for its non-psychoactive nature, CBD is gaining popularity in the skincare industry due to its medicinal qualities, particularly its recognized antioxidant and anti-inflammatory properties. This has driven the widespread adoption of CBD isolate in skincare products.

CBD skin care products are increasingly favored by consumers who prefer natural cosmetics and holistic approaches to beauty and wellness. This trend reflects significant advancements in the CBD beauty products market, driven by a growing awareness of CBD's potential benefits and a shift towards organic skin care products. The demand for CBD-infused skin care is expanding rapidly, fueled by consumers seeking alternative therapies for various skin conditions. This surge in interest is part of a larger trend towards self-care, which has seen a notable increase due to a heightened focus on health and wellness, as well as increased time spent at home. Notably, the shift in consumer behavior has accelerated market growth, particularly evident in the substantial rise of online sales channels.

The Global CBD Skin Care Market report provides data tables and includes charts and graphs for visual analysis.

Request a Free Sample Report for the Global CBD Skincare Market by Product Type, Source, User Demographic, Price Range, Packaging, Distribution Channel, & by Geography: https://inkwoodresearch.com/reports/cbd-skincare-market/request-free-sample

Market Segmentation

Market by Source:

Natural and Organic

Hemp-Derived CBD

Marijuana-Derived CBD

Synthetic

Market by User Demographic:

Male

Female

Market by Product Type:

CBD Oil

Cream

Moisturizer and Lotions

Balm

Lip Balm

Eye Balm

Mask & Serum

Face & Body Cleanser

Soap

Other Product Types

Market by Price Range:

Economic

Premium

Market by Packaging:

Pump and Dispensers

Tube

Jar/Bottle

Stick

Other Packaging

Market by Distribution Channel:

Supermarket/Hypermarket

Specialty Store

Pharmaceutical Store

Departmental Store

Online Retail

Other Distribution Channels

 Report Highlights

- Detailed analysis of current and future market trends to identify investment opportunities.

- Market forecasts till 2032, using estimated market values as base numbers.

- Key market trends across business segments, regions, and countries.

- Key developments and strategies observed in the market.

- Market dynamics such as drivers, restraints, opportunities, and other trends.

- In-depth company profiles of key players and upcoming prominent players.

- Growth prospects among emerging nations through 2032.

Request for Customization: https://inkwoodresearch.com/request-for-custom-report/

Companies Profiled

•           VERTLYBALM LTD

•           TILRAY BRANDS INC

•           SWISS ORGANIC PARTNERS AG

•           PURA EARTH

•           MYADERM

•           KIEHL'S LLC

•           KAPU MAKU LLC (POPULUM)

•           ISODIOL INTERNATIONAL INC

•           HERBIVORE BOTANICALS

•           ENDOCA BV

•           MEDICAL MARIJUANA INC

•           ELIXINOL GLOBAL LIMITED

•           CBD FOR LIFE

•           CANNUKA LLC

•           EARTHLY BODY

FAQs

1. What are the key factors driving the growth of the CBD Skincare Market?

Answer: The growth is driven by the increasing awareness of CBD’s potential benefits, such as its antioxidant and anti-inflammatory properties, the rising preference for natural and holistic skincare products, and the surge in demand for alternative therapies for various skin conditions.

2. What trends are shaping the CBD skincare market?

Answer: Key trends include the growing preference for natural and organic skincare products, increased consumer awareness of the benefits of CBD, and a rise in online sales channels.

3. What opportunities exist for new entrants in the CBD skincare market?

Answer: New entrants can capitalize on the growing demand for CBD-infused skincare, the shift towards organic and natural cosmetics, and the expanding online retail market. Additionally, innovations in product formulations and packaging can offer significant growth opportunities.

Contact Us:

Inkwood Research

169, Harrison Avenue

Boston, MA 02111

Tel: 1-(857) 293-0150

Email: sales@inkwoodresearch.com

Website: www.inkwoodresearch.com

About Us:

We at Inkwood research provide you with not just consulting services but also with syndicated and customized research reports which help advance your business further.

[adityarana1687-blog]

Legal Marijuana Market Size To Reach $102.2 Billion By 2030

The global legal marijuana market size is expected to reach USD 102.24 billion by 2030, according to a new study by Grand View Research, Inc. The market is expected to expand at a CAGR of 25.7% from 2024 to 2030. Increase in rate of legalization of marijuana for medicinal and adult-use/recreational marijuana, growing adoption of these products for the treatment of chronic ailments and rise in a number of new product launches are the primary factors responsible for the growth of the market. For instance, in March 2023, Irwin Naturals Inc., a herbal supplement formulator, introduced company's’ new CBD 25mg Softgels in Canada. It is available through the Starseed Medicinal Medical Group platform across the nation.

In April 2022, New Jersey legalized recreational and medical marijuana, and it is being sold at 13 facilities. This move has made New Jersey one of the 18 states in the United States where recreational marijuana is legal. The market is experiencing growth due to the widespread acceptance of cannabis and its high demand. Since its legalization, the use of marijuana in medical treatments has increased, leading to a decrease in the illegal trade of cannabis. According to a study conducted by New York University, the usage of cannabis among individuals aged 50-64 has doubled in the last decade and has now reached 9.0%.

Moreover, price of legal marijuana is lower than medical marijuana, and taxes would be levied on marijuana products after its legalization. Therefore, cultivators are focusing on cultivating marijuana in areas that are exempt from taxes. For instance, in New York, marijuana cultivators are focusing on tribal regions to get exempted from the taxes levied by the government. This is expected to lower the overall cost of cultivation of marijuana in the state, and cultivators can sell marijuana at lower prices. Lower prices of marijuana are further anticipated to boost the adoption of marijuana in the market.

Request a free sample copy or view report summary: Legal Marijuana Market Report

Legal Marijuana Market Report Highlights

By application, medical segment accounted for the largest revenue share of 79.1% in 2023 owing to the high demand among healthcare practitioners and patients for medicinal marijuana.

By product type, oil and tinctures held the largest market share in 2023 owing to low price and ease of accessibility of flowers compared to other products.

In 2023, North America dominated the overall market with a revenue share of 76.0% owing to its large consumer base, North America was among the first regions to legalize the use of medical and recreational cannabis. 

Legal Marijuana Market Report Segmentation

Grand View Research has segmented the global legal marijuana market on the basis of application, product type, and region:

Legal Marijuana Application Outlook (Revenue, USD Billion, 2018 - 2030)

Medical

Chronic Pain

Cancer

Depression and Anxiety

Arthritis

Diabetes

Glaucoma

Migraines

Epilepsy

Multiple Sclerosis

AIDS

Amyotrophic Lateral Sclerosis

Alzheimer’s

Post-traumatic Stress Disorder (PTSD)

Parkinson's

Tourette’s

Others

Adult Use

Legal Marijuana Product Type Outlook (Revenue, USD Billion, 2018 - 2030)

Flower

Oil & Tinctures

Legal Marijuana Regional Outlook (Revenue, USD Billion, 2018 - 2030)

North America

U.S.

Canada

Europe

Germany

U.K.

Italy

Netherlands

Croatia

Poland

Czech Republic

Switzerland

Spain

Asia Pacific

China

Japan

India

New Zealand

Australia

Thailand

Latin America

Brazil

Mexico

Uruguay

Colombia

Middle East and Africa (MEA)

South Africa

Israel

List of Key Players of Legal Marijuana Market

Canopy Growth Corporation

AURORA CANNABIS INC.

Tilray Brands Inc. (Aphria, Inc.)

ABcann Medicinals, Inc. (VIVO Cannabis Inc.)

The Cronos Group

MARICANN INC.

Organigram Holdings Inc.

Lexaria Bioscience

GW Pharmaceuticals (Jazz Pharmaceuticals, Inc.)

Tikun Olam

United Cannabis Corporation

[umadeochake]

Recreational Drugs Market Opportunities, Future Plans, Competitive Landscape and Growth by Forecast 2036

Recreational Drugs Market: Latest Trends, Growth, Share, Size and 2036 Forecast The most recent market analysis published by Research Nester is the 2024 report. It offers a detailed outline with great emphasis on comprehending the primary reasons behind major trends. The information provided is initiated by a meticulous research conducted to truly understand the nature of the market. Information presented in this way will help to understand additional proprietary trends, include a careful analysis of various other information, a regional overview, important company profiles and the size, share and forecast of Recreational Drugs Market.

Market value for the global Recreational Drugs Market was 300 million dollars in 2024 and is forecast to reach 500 million dollars in 2036 at a compound annual growth rate (CAGR) of 6%.

Request Free Sample Copy of this Report @ https://www.researchnester.com/sample-request-6021

What factors are driving Recreational Drugs Market 's growth?

Global Diversity: Recreational Drugs Market’s global reach, with its numerous types and uses, is motivating factor. Unique trends and demands exist in various markets and regions.

Product Innovation: The continued development and innovation of products can support market’s ability to expand. Products that are updated and improved can attract customers and expand market opportunities.

Market segmentation: market’s division into different uses and product categories enables companies to concentrate on niche markets with potential grow their market share and profitability

Long-Term Growth Perspective: long-term growth perspective emphasis on growth forecasts for considerable amount of time suggests long-term perspective that affects strategic choices and investments.

The competitive landscape and regulatory framework sections of the report further include the recent market developments and key strategy matrix. The report is a systematic guide for new market entrants as well as those looking for investment opportunities.

Recreational Drugs Market report offers a solid Analysis of market size, regional and country-level market size, segmentation market growth, market share, competitive landscape, sales analysis, impact of domestic and foreign market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.

Request for customization @ https://www.researchnester.com/customized-reports-6021

Why Should You Purchase This Market Research Report?

Learn a current understanding of Recreational Drugs Market’s landscape on a global as well as a more specific level; this also provides a very easily accessible reference that is helpful in any strategic decision-making process.

Quantitatively evaluate three relevant therapeutic areas and indications in already launched and likely to launch antibodies as well as current and likely targets of their innovation in each of these as well as across several different secondary functional markets to evaluate their own strategic positioning.

Be aware of current function and significance of both radical and incremental innovation in all-covered fields and indications.

From the report, the following are the major market players:

Tilray, Inc.

Aos Products

Suyash Ayurveda

Isodiol International Inc.

ENDOCA

Access our detailed report @ https://www.researchnester.com/reports/recreational-drugs-market/6021

About Research Nester-

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

Contact for more Info:

AJ Daniel

Email: info@researchnester.com

U.S. Phone: +1 646 586 9123

U.K. Phone: +44 203 608 5919

[divyabodhwani23]

Accelerating Advancement: Navigating the Landscape of the Legal Marijuana Market from 2022 to 2030

The Legal Marijuana Market has experienced exponential growth in recent years, driven by changing attitudes towards cannabis, evolving regulatory landscapes, and increasing acceptance of its medicinal and recreational use. As more countries and states legalize or decriminalize cannabis for medical and/or recreational purposes, the market for legal marijuana continues to expand, presenting lucrative opportunities for businesses, investors, and consumers alike.

𝐆𝐞𝐭 𝐟𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞: https://www.marketdigits.com/legal-marijuana-market

The Legal Marijuana Market is valued at USD 26.65 billion in 2022 and is projected to reach USD 157 billion by 2030, with a Compound Annual Growth Rate (CAGR) of 28.8% during the forecast period spanning 2024-2032.

One of the key drivers behind the growth of the Legal Marijuana Market is the increasing recognition of the medicinal properties of cannabis. Research into the therapeutic benefits of cannabinoids, the active compounds found in cannabis, has led to the development of medical marijuana products for various health conditions, including chronic pain, epilepsy, multiple sclerosis, and cancer-related symptoms. Patients seeking alternative treatments are turning to medical cannabis as a viable option, driving demand and fueling market growth.

Moreover, the legalization of recreational marijuana in several jurisdictions has opened up new avenues for market expansion. Adult-use cannabis markets attract a broader consumer base, including recreational users seeking relaxation, social enjoyment, and mood enhancement. The normalization of cannabis consumption in society has led to increased demand for a wide range of recreational cannabis products, such as dried flower, edibles, concentrates, and infused beverages.

Major vendors in the global Legal Marijuana market are Canopy Growth Corporation, Aphria, Inc., Aurora marijuana Inc., Maricann Group, Inc., Tilray, Inc., Cronos Group Inc., OrganiGram Holding Inc., VIVO marijuana Inc., Tikun Olam Ltd., The Green Organic Dutchman Holdings Ltd., Terra Tech Corp., Medical Cannabis, Inc., Stenocare A/S, Cannabis Science, Inc., and HEXO Corp. and others.

In addition to shifting attitudes towards cannabis, regulatory changes have played a significant role in shaping the Legal Marijuana Market. Governments around the world are reevaluating their cannabis policies, with many opting to legalize or regulate cannabis for medical and/or recreational use. These regulatory shifts create a conducive environment for legal marijuana businesses to operate, fostering investment, innovation, and market growth.

Furthermore, the emergence of a legal marijuana industry has led to the professionalization and commercialization of cannabis cultivation, processing, distribution, and retailing. Licensed producers, dispensaries, and retailers are subject to stringent regulations, quality standards, and compliance requirements, ensuring consumer safety and product consistency. As the legal cannabis market matures, industry players are investing in state-of-the-art facilities, technologies, and best practices to meet growing demand and maintain competitiveness.

Despite its rapid growth and potential, the Legal Marijuana Market faces various challenges and uncertainties. One of the primary concerns is the lack of federal legalization in key markets such as the United States. While many states have legalized cannabis for medical and/or recreational use, cannabis remains illegal at the federal level, creating legal and regulatory complexities for businesses operating in the industry. Federal prohibition also limits access to banking services, capital markets, and interstate commerce, hindering market growth and investment.

Moreover, stigma, misconceptions, and public health concerns surrounding cannabis continue to pose challenges for the legal marijuana industry. Critics argue that cannabis legalization may lead to increased youth consumption, impaired driving, and public safety risks. Addressing these concerns requires robust education, public awareness campaigns, and evidence-based policies to promote responsible cannabis use and harm reduction.

In conclusion, the Legal Marijuana Market represents a dynamic and rapidly evolving industry with significant growth potential. Changing attitudes, regulatory reforms, and market forces are driving expansion and investment in the legal cannabis sector. As legalization spreads globally and public acceptance grows, the legal marijuana market is poised for continued growth, innovation, and market diversification. However, navigating regulatory hurdles, addressing public health concerns, and overcoming stigma are essential for unlocking the full potential of the legal marijuana industry and ensuring its long-term success.

[ramtracking]

Where Will Tilray Stock Be in 1 Year? [ NASDAQ:TLRY ]

Where Will Tilray Stock Be in 1 Year? [News Summary] The past five years have been terrible for Tilray (TLRY 0.28%). The cannabis grower has delivered inconsistent financial results in a market… Shares of Tilray Brands Inc. slumped 0.58% to $1.72 Monday, on what proved to be an all-around favorable trading session for the stock… Tilray Inc (NASDAQ:TLRY – Get Free Report) fell 3.2% on Monday .…

[marketinsight1234]

Legal Cannabis Market Size-Share, Growth Factors, Forecast 2023-2030

Global Legal Cannabis Market is expected to grow at a significant growth rate, and the forecast period is 2023-2030, considering the base year as 2022.

The Legal Cannabis Market has experienced unprecedented growth in recent years, driven by changing societal attitudes towards cannabis, increasing legalization efforts, and the recognition of its potential economic benefits. As more regions around the world embrace cannabis for medical and recreational use, the market has evolved into a dynamic and multifaceted industry. The market encompasses a wide range of products, including cannabis flower, edibles, concentrates, and pharmaceuticals, creating a diverse landscape with numerous opportunities for both established players and new entrants.

Leading Key Players Covered Legal Cannabis Market: -

Canopy Growth Corporation (Canada), Aphria Inc. (Canada), VIVO marijuana Inc. (Canada), OrganiGram Holding Inc. (Canada), Aurora marijuana Inc. (Canada), The Green Organic Dutchman (Canada), Atlas Growers (Canada), Maricann Group, Inc. (Canada), Tilray Inc. (Canada), Terra Tech Corp. (US), Stenocare A/S (Denmark), HEXO Corp. (Canada), Medical Cannabis Inc. (US), AlephSana GmbH (Germany), Tikun Olam Ltd. (Israel), Cannabis Science Inc. (US) and Other Major Players

Request Sample Copy@:

https://introspectivemarketresearch.com/request/16570

Market Driver:

One significant market driver propelling the Legal Cannabis Market is the growing acceptance of cannabis for medicinal purposes. Increasing awareness of the therapeutic properties of cannabis, along with a shift in regulatory frameworks favoring medical cannabis use, has fueled demand. The expanding list of medical conditions where cannabis is prescribed, such as chronic pain, epilepsy, and anxiety, is driving the market's growth. As more scientific research validates the medical efficacy of cannabis, it not only enhances consumer confidence but also attracts investments and stimulates innovation in product development.

Market Opportunity:

A key market opportunity lies in the emerging trend of cannabis-infused products and beverages. The shift towards alternative consumption methods, such as edibles and beverages, presents a vast opportunity for market players. As consumers seek discreet and convenient ways to incorporate cannabis into their lifestyles, the market for infused products is expected to witness significant growth. This includes a wide range of offerings, from cannabis-infused snacks and beverages to more sophisticated formulations catering to specific health and wellness needs. Companies that can successfully navigate this segment stand to capitalize on the evolving preferences of consumers.

Segmentation of Legal Cannabis Market: -

By Type          

By Product Type       

By Sales Channel       

By Application          

By End-User   

By Region      

If You Have Any Queries Regarding Legal Cannabis Market, Please Visit:

https://introspectivemarketresearch.com/inquiry/16570

Owning our reports (For More, Buy Our Report) will help you solve the following issues:

1. Uncertainty about the future?

Our research and insights help our clients to foresee upcoming revenue pockets and growth areas. This helps our clients to invest or divest their resources.

2. Understanding market sentiments?

It is imperative to have a fair understanding of market sentiments for a strategy. Our insights furnish you with a hawk-eye view on market sentiment. We keep this observation by engaging with Key Opinion Leaders of a value chain of each industry we track.

3. Understanding the most reliable investment centers?

Our research ranks investment centers of the market by considering their returns, future demands, and profit margins. Our clients can focus on the most prominent investment centers by procuring our market research.

4. Evaluating potential business partners?

Our research and insights help our clients in identifying compatible business partners.

Acquire This Report: -

https://introspectivemarketresearch.com/inquiry/16570

About us:

Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to helping our clients grow and successfully impact the marketplace. Our team at IMR is ready to help our clients grow their businesses by offering strategies to achieve success and monopoly in their respective fields. We are a global market research company, specializing in the use of big data and advanced analytics to gain a broader picture of market trends. We help our customers to think differently and build a better tomorrow for all of us. As a technology-driven research company, we consider extremely large data sets to uncover deeper insights and provide conclusive consulting. We don't just provide intelligence solutions, we help our clients achieve their goals.

Contact us:

Introspective Market Research

3001 S King Drive,

Chicago, Illinois

60616 USA

Ph no: +1-773-382-1049

Email: sales@introspectivemarketresearch.com

[market-insider]

North America Legal Cannabis Products: Analyzing Current Size, Share, and Growth Trends

The North America legal cannabis market size is expected to reach USD 82.18 billion by 2030, registering a CAGR of 11.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Factors such as legalization of cannabis, growing awareness about the therapeutic benefits of cannabis-based products, and rising use of cannabis for medical & recreational purposes. Cannabis-derived products are widely used for treating patients suffering from chronic conditions, such as cancer, Parkinson’s disease, Alzheimer’s disease, and arthritis.

Moreover, the rising number of clinical trials signifies the positive effects of utilizing cannabis for treating various medical conditions. For instance, a clinical study published by Sage Journal in May 2023 reported that non-inhaled medical cannabis or cannabinoids result in a very small to small improvement in pain relief, sleep quality, and physical functioning in patients suffering from chronic pain. Thus, such positive results increase the demand for cannabis-based medicines in this region.

North America Legal Cannabis Market Report Highlights

By source, the marijuana segment dominated the market in 2023 and is anticipated to witness the fastest growth over the forecast period owing to the growing adoption of marijuana products along with the increasing legalization of medical marijuana

By derivatives, the CBD segment held the largest market share in 2023, owing to the rising use of CBD for various medical applications and awareness regarding its effectiveness in treating various medical conditions

By cultivation, the indoor segment held the largest market share in 2023 due to rising investments, technological advancements & innovations, favorable government initiatives, and regulatory framework

By end use, the recreational segment dominated the market in 2023 and is anticipated to grow at the fastest CAGR over the forecast period due to the growing adoption of cannabis vape pens among youths and increased use of cannabis for recreational purposes

In 2023, the U.S. accounted for the largest market share in the North America legal cannabis market, owing to favorable reimbursement policies for medical cannabis and the positive attitude of consumers towards cannabis utilization

For More Details or Sample Copy please visit link @: North America Legal Cannabis Market Report

Incorporating artificial intelligence (AI) and robotics into cannabis cultivation enhances efficiency and standardizes yields by offering advanced crop management and prediction capabilities. This technology reduces costs and the need for manual labor by incorporating data analysis from various indicators, such as environmental conditions and soil quality, forecasting potential problems, optimizing growing practices, and managing resources effectively. For instance, in June 2024, PURPLEFARM,a Canadian company, partnered with Neatleaf, an AI company, to optimize and automate its cannabis cultivation processes using the Neatleaf Spyder system.

Some of the key players in the market are Canopy Growth Corporation, Charlotte's Web, Inc., Aurora Cannabis, Tilray Brands, The Cronos Group, Jazz Pharmaceuticals, Inc., Sundial Growers, and Medipharm Labs. These companies adopt key strategic initiatives to expand their business footprint and market position. For instance, in November 2022, Charlotte's Web Inc. entered a strategic alliance with Tilray, a Canada-based cannabis packaged goods company. This alliance allows Charlotte to manufacture and distribute its CBD hemp extract offerings in Canada.

List of Key Players of North America Legal Cannabis Market

Canopy Growth Corporation

Charlotte's Web, Inc.

Aurora Cannabis Inc.

Tilray Brands

The Cronos Group

Jazz Pharmaceuticals, Inc.

Sundial Growers

Medipharm Labs

NuLeaf Naturals, LLC

Irwin Naturals

For Customized reports or Special Pricing please visit @: North America Legal Cannabis Market Analysis Report

We have segmented the North America legal cannabis market on the basis of source, derivatives, cultivation, end use, and region.

[fmarkets]

Tilray Brands Inc Delivers Exceptional Performance in Fiscal Q2 2023 Tilray Brands Inc's Financial Results Showcase Strong Growth and Promising Prospects https://csimarket.com/stocks/news.php?code=TLRY&date=2024-01-10153514&utm_source=dlvr.it&utm_medium=tumblr

[mi-researchreports]

The Medical Marijuana Market is growing at a CAGR of 17.79% over the next 5 years. Aurora Cannabis, Jazz Pharmaceuticals, Inc., Canopy Growth Corporation, Acreage Holdings, Tilray Brands, Inc. are the major companies operating in Medical Marijuana Market.

[newsakd]

[ad_1] Tilray Brands Inc. is expanding its case of craft brews, announcing a deal to buy eight beer and beverage brands from Anheuser-Busch Companies LLC.In a filing with the U.S. Securities and Exchange Commission, Tilray puts the purchase price at $85 million US to be paid in cash.The cannabis company says the agreement will triple both its basket of brands and its beer sales volume, which it projects will increase to 12 million cases per year from four million.Tilray says that growth would vault it to the status of fifth-largest craft beer operation in the United States.The deal between the Leamington, Ont.-based Tilray and Missouri-based beer giant Anheuser-Busch is expected to close later this year.The eight brands are Shock Top, Breckenridge Brewery, Blue Point Brewing Company, 10 Barrel Brewing Company, Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider Company, and HiBall Energy. [ad_2] Source link

[biglisbonnews]

Tilray Brands, Inc. (TLRY) Q4 2023 Earnings Call Transcript https://seekingalpha.com/article/4620054-tilray-brands-inc-tlry-q4-2023-earnings-call-transcript