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North America Cannabis Market Projected to Expand Rapidly with 27.7% CAGR by 2027

MarkNtel Advisors recently published a detailed industry analysis of the North America Cannabis Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

North America Cannabis Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2027

The North America Cannabis Market is anticipated to grow at a CAGR of around 27.7% during the forecast period, i.e., 2022-27.

Key Findings in North America Cannabis Market:

  • Historical Analysis: 2017–2020
  • Base Year: 2021
  • Forecast Period: 2022–2027

Leading Market Players- 22nd Century Group Inc, Medical Marijuana Inc, Hemp Inc, Axim Biotechnologies Inc, Arena Pharmaceuticals Inc., Canopy Growth Corporation, Aphria Inc, Aurora Cannabis Inc, Abcann Medicinals Inc

Key Highlights of the Report

  • Market Dimensions & Projections
  • Pricing Evaluation,
  • Recent Strategic Moves by Companies,
  • Primary Stakeholders,
  • Analysis of Import and Export Trends,
  • Competitive Landscape Assessment,
  • Emerging Opportunities,
  • Market Trends and Indicators

What are the major Driver the North America Cannabis industry?

  • A rapid surge in the legalization & social acceptance of cannabis
  • The rise in cannabis-based consumables
  • Snowballing medical use of cannabis

Possible Challenges

  • Side effects of medical cannabis
  • strict norms related to the production, sales, & usage of cannabis

✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

https://www.marknteladvisors.com/query/request-sample/north-america-cannabis-market.html

What segments define the North America Cannabis Market from 2022 to 2027? How do these segments contribute to market dynamics and growth?

By Application

    • Medical Use
      • Chronic Pain
      • Mental Disorder
      • Cancer
      • Others (Nausea, Muscle Spasms, Migraine, Glaucoma)
    •  Self-Consumption / Private Use

By Product Type

    • Flower
    • Oil

According to report, Here, Flower-Based cannabis is projected to witness the maximum demand across North America through 2027.

By Distribution Channel

    • Regulated Dispensary
    • Recreational Stores
    • Stand-Alone Retailers
    • Online Portals

By End-User

    • Patients
    • Research Institute
    • Research Companies

According to report, Among all, Medical Cannabis is anticipated to capture the largest market share during 2022-27.

Explore the Complete North America Cannabis Market Analysis Report – https://www.marknteladvisors.com/research-library/north-america-cannabis-market.html

Geographical Analysis: North America Cannabis Market

By Country

  • US
  • Canada
  • Mexico

  Key Questions Addressed in This Study

  • What are the primary factors driving the growth of the North America Cannabis Market?
  • How is the North America Cannabis Market expected to evolve over the next five years?
  • What key insights can be drawn from current trends shaping the market?
  • What is the current market size, and how is it forecasted to change in the coming years?
  • What is the future outlook for the market in terms of technological innovation and geographic expansion?

For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/north-america-cannabis-market.html

Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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