North America Cannabis Market Is Anticipated to Grow at A CAGR of Around 27.7% During The Forecast Period 2022-27

North America Cannabis Market Report: Understanding the Primary Insights & Opportunistic Areas of the Industry (2022-27)

MarkNtel Advisors offers a deep-driven study on the North America Cannabis Market, incorporating several aspects like market growth drivers, opportunities, restraints, & challenges, among others. The report aims to enable stakeholders to understand the fluctuating industry patterns and make informed decisions associated with investments & participation to yield higher profits in the coming years.

According to the report, the North America Cannabis Market is set to record around 27.7% CAGR during 2022-27. The key factors affecting the growth trajectory of the industry during the projected timeline have been well-explained in the study, along with key trends and recent developments, among others,

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Why to Choose Our North America Cannabis Market Research Report?

MarkNtel Advisors focuses on delivering well-curated research reports that cater to niche industries & emerging geographies, whether on a global, regional, or national scale. Our most recent publication, the "North America Cannabis Market Research Report," comprehensively covers every significant aspect related to the industry. It offers a clear & insightful outlook on the market, providing authentic data & statistics. The study includes a concise definition of the product/service, an in-depth analysis of its applications & developments, and a thorough examination of its top competitors. Additionally, we delve into the driving forces propelling the market's progress, identify potential growth opportunities, and outline the factors impeding its advancement.

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Primary Parameters as per Which the Data is Cited:

• Period & Statistics
• Historical Period: 2017-20
• Base Year: 2021
• Forecast Years: 2022-27
• Focused on both primary & secondary research methodologies to attain precise & reliable information.
• Detailed examination of the historical, present, and future period, supported with the accentuating developments by the industry players.
• Stressed upon various verticals & segmentations and their role in achieving the projected growth rate.
• Special addition of SWOT analysis & Porter’s five forces analysis to curate an accurate path of the industry.
• Stresses upon the top down & bottom up approach to appraise numerous divisions & deliver unbiased assessment.

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Key Driver

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

Exploring the Segmentations of the North America Cannabis Industry

To provide a comprehensive understanding of the North America Cannabis Market, we conduct an extensive examination of each segment and its sub-segments. This section of the report offers a detailed analysis of size & volume based on various categorizations. Our aim is to assist our valuable clients in identifying the crucial factors contributing to the industry's growth & enabling them to enhance their end-user positioning, strategic decisions, and revenue generation.

By Application

• Medical Use
• Self-Consumption / Private Use

By Product Type

• Flower
• Oil

By Distribution Channel

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

By End-User

• Patients
• Research Institute
• Research Companies

Key Competitors in the North America Cannabis Market

In this section, we will delve into a comprehensive analysis of the North America Cannabis Market, including key players & regional/country assessments. The market is highly dynamic, with a diverse range of competitors who are continuously introducing innovative & lucrative solutions, contributing to the industry's growth.

• 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

Exploring the Regions/Countries!

Our qualified researchers & analysts use all their skills & also lists out the detailed picture of every region/nation, to assist the stakeholders about the status of the market in each of the areas.

Geographically, the industry expands across:

By Country

• US
• Canada
• Mexico

Key Questions Addressed in the North America Cannabis Market Research Report:

• What is the estimated size, share, & CAGR of The North America Cannabis Marketin the forecast period?
• What are the key trends projected to impact the North America Cannabis Marketduring 2022-27?
• What are the different segments & sub-segments considered in the North America Cannabis Marketresearch study?
• Who are the key stakeholders and players participating in the North America CannabisMarket?
• What would be the demand for different types of products/services in the North America Cannabis Market through 2027?

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About Us:

MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

We understand the growing need of our clients and thus focus on emerging industries to provide our services which can fulfil their need for assessing the current and future industry potential, identification of white spaces & hotspots and venturing into new geographies or business segments.

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