Dedicated to Research Since 1993

Marijuana Market By Product Type (Oils, Cream,Tinctures, Powder) By Application (Cancer, Arthritis, Alzheimer’s) By Usage (Medical Use , Recreational Use)- Global Size Analysis and Industry Forecast, 2018-2023.


Report Overview

GLOBAL MARIJUANA MARKET was valued at USD 17.18 Billion in the year 2017. Global Marijuana Market is further estimated to grow at a CAGR of 22.91% from 2018 to reach USD 58.90 Billion by the year 2023. North America region holds the highest market share in 2017 and also considered as the fastest growing market in the forecasted period. At a country level, developed markets like the U.S., Canada holds a substantial market share in 2017 and it is projected to grow at a gradual pace in the coming years.

Canopy Growth Corporation (Canada), Medical Marijuana, Inc. (U.S), GW Pharmaceuticals, plc (U.K), United Cannabis (U.S), Cannabis Sativa, Inc. (U.S), GreenGro Technologies (U.S), Aurora Cannabis (Canada), CannaGrow Holdings, Inc. (U.S), Cara Therapeutics (U.S), GBSciences, Inc. (U.S), Lexaria Bioscience Corp. (Canada), Aphria (Liberty Health Sciences) (Canada), are some of the key players in the Marijuana Market with Canopy Growth Corporation holding the significant market share because of its better global presence both at production and at an operational level. Rising research and development expenses to address the changing demand of end users. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top players in the last 5 years.


            Growing use of marijuana in the medical industry


            The stigma of marijuana in society


            Increasing demand in healthcare and pharmaceutical industry


            Different government regulation in different countries

The Global Marijuana Market is segmented on the basis of product types, application, usage, and region. By Application, pain management is expected to hold the highest market share during the forecast period. On the other hand, by usage, medical usage holds the highest market and also considered as fastest growing with highest CAGR during the year 2018-2023.

Key Benefits for Stakeholders

Marijuana Manufacturers, Marijuana Associations

Research and Consulting organization, Medical Associations

End-use industries.

By Product Type







By Application




Pain Management

Multiple Sclerosis


By Usage

Medical Use

Recreational Use

By Region

North America




Key Market Players

Canopy Growth Corporation

GW Pharmaceuticals, PLC

Medical Marijuana, Inc.

United Cannabis

Cannabis Sativa, Inc.

GreenGro Technologies

Aurora Cannabis

CannaGrow Holdings, Inc.

Cara Therapeutics.

GBSciences, Inc.

Lexaria Bioscience Corp.

Aphria (Liberty Health Sciences)

(Another brief information of 13 companies will be provided in the report.)

Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –

  1. Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
  2. Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
  3. To avoid bias, we filter the collected data collected from authenticated sources.
  4. GMI has a well proven Statistical Modeling System for estimates and forecasts.
  5. Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
  6. Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.

Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.

Table Of Content

1. Introduction

1.1 Market Vision

       1.1.1 Market Definition

       1.1.2 Market Scope

1.2 Limitations

1.3 Stakeholders

2. Research Methodology

2.1. Research Process

       2.1.1. Secondary Research

    Key Data from Secondary Research

       2.1.2. Primary Research

    Key Data from Primary Research

    Breakdowns of Primary Interviews

2.2. Market Size Estimation

       2.2.1. Bottoms-Up Approach

       2.2.2. Top-Down Approach

       2.2.3. Annual Revenue Process

2.3. Data Triangulation 

2.4. Research Assumptions 

       2.4.1. Assumption

3. Executive Summary

4. Market Overview

4.1. Introduction

4.2. Drivers

4.3. Restraints

4.4. Opportunities

4.5. Challenges

4.6. Regulations

4.7. Supply Chain/Value Chain Analysis

4.8. Patent & Standards

5. Industry Trends

5.1. Introduction

5.2. Porter’s Five Forces Analysis

       5.2.1. Threat of New Entrants

       5.2.2. Threat of Substitutes

       5.2.3. Bargaining Power of Buyers

       5.2.4. Bargaining Power of Suppliers

       5.2.5. Intensity of Competitive Rivalry

6. Marijuana Market, By Product Type

6.1. Oils

6.2. Cream

6.3. Tinctures

6.4. Powder

6.5. Pills

6.6. Others

7. Marijuana Market, By Application

7.1. Cancer

7.2. Arthritis

7.3. Alzheimer’s

7.4. Pain Management

7.5. Multiple Sclerosis

7.6. Others

8. Marijuana Market, Usage

8.1. Medical Use

8.2. Recreational Use

9. Geographical Analysis

9.1. Introduction

9.2. North America

       9.2.1. U.S.

       9.2.2. Canada

       9.2.3. Mexico

9.3. Europe

       9.3.1. U.K.

       9.3.2. Germany

       9.3.3. Italy

       9.3.4. France

       9.3.5. RoE

9.4. Asia Pacific

       9.4.1. South Korea

       9.4.2. China

       9.4.3. Japan

       9.4.4. India

       9.4.5. RoAPAC

9.5. RoW

       9.5.1. Latin America

       9.5.2. Middle East and Africa

10. Company Profiles

(Business Overview, Financial Overview, Product write Up, Recent Developments)

10.1. Canopy Growth Corporation

10.2. GW Pharmaceuticals, PLC

10.3. Medical Marijuana, Inc.

10.4. United Cannabis

10.5. Cannabis Sativa, Inc.

10.6. GreenGro Technologies

10.7. Aurora Cannabis

10.8. CannaGrow Holdings, Inc.

10.9. Cara Therapeutics.

10.10. GBSciences, Inc.

10.11. Lexaria Bioscience Corp.

10.12. Aphria (Liberty Health Sciences) 

(Another brief information of 14 companies will be provided in the report.) 

11. Competitive Analysis

11.1. Introduction

11.2. Market Positioning of Key Players

11.3 Competitive Strategies Adopted by Leading Players

        11.3.1. Investments & Expansions

        11.3.2. New Product Launches

        11.3.3. Mergers & Acquisitions

        11.3.4. Agreements, Joint Ventures, and Partnerships

12. Appendix

12.1. Questionnaire

12.2. Available Customizations 

12.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)


No Content Available.