PORTLAND, OR, UNITED STATE, January 19, 2024 /EINPresswire.com/ — Allied Market Research added new research on Global Legal Marijuana Market– Global Opportunity Analysis and Industry Forecast, 2022–2030. The Legal Marijuana Market explores comprehensive study on various segments like size, share, development, innovation, sales and overall growth of major players. The research is based on primary and secondary data sources and it consists both qualitative and quantitative detailing. Some of the key players involved in the study are Aurora Cannabis, Maricann Group, GW Pharmaceuticals, Aphria, Tilray, The Cronos Group, ABcann Medicinals, Canopy Growth, Lexaria, and Organigram Holding.
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Legal Marijuana Market Statistics: The legal marijuana market was valued at $17.50 billion in 2021, and is estimated to reach $80.1 billion by 2031, growing at a CAGR of 16.9% from 2022 to 2031.
Legal Marijuana Market Growth Drivers:
Changing Legal Landscape: The most fundamental driver is the changing legal status of marijuana. Many regions and countries are legalizing or decriminalizing the use of marijuana for medical and/or recreational purposes. This shift in legislation opens up new markets and business opportunities.
Medical Marijuana…