United States Cannabis market was valued at USD 11.3 billion in 2020 and is expected to grow at a CAGR of close to 15% over the forecast period. The key factor for the growth of United States Cannabis market is its use in medical applications. The cannabis has been widely used for curing severe medical conditions like cancer, Parkinson’s disease, Alzheimer’s disease, arthritis, and other neurological conditions as a part of a medicinal product.
The United States Cannabis market is segmented based on product type, compound, application, region and company. Based on Product Type, the market can be segmented into
The major players operating in the United States Cannabis market are Green Man Cannabis, Los Sueños Farms LLC, Copperstate Farms, LLC, Harvest Health & Recreation, Inc., GrowHealthy Holdings, LLC., Vireo Health of New York, LivWell Enlightened Health LLC, Curaleaf Holding Inc, Isodiol International Inc., Medical Marijuana Inc.
Objective of the Study
- To analyze and forecast the market size of United States cannabis market.
- To classify and forecast United States cannabis market based on Product Type, Compound, application, company and regional distribution.
- To identify drivers and challenges for United States cannabis market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States cannabis market.
- To conduct pricing analysis for United States cannabis market.
- To identify and analyze the profile of leading players operating in United States cannabis market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of Cannabis companies across the US. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of
Key Target Audience
- Cannabis manufacturers, suppliers and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to cannabis
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2021 |
| Historical Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | - Product Type
- Compound
- Application
|
| Regional scope | Northeast Region, South Region, West Region, Mid-west Region |
| Key companies profiled | Green Man Cannabis, Los Sueños Farms LLC, Copperstate Farms, LLC, Harvest Health & Recreation, Inc., GrowHealthy Holdings, LLC., Vireo Health of New York, LivWell Enlightened Health LLC, Curaleaf Holding Inc, Isodiol International Inc., Medical Marijuana Inc. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
