CBD Market

Key Vendor Analyzed for CBD Market till 2029: Details Fact.MR

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The global CBD Market study presents an all in all compilation of the historical, current and future outlook of the Market as well as the factors responsible for such a growth. With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each CBD Market player in a comprehensive way. Further, the CBD Market report emphasizes the adoption pattern of the CBD across various industries. This newly published insightful report sheds light on the fundamental dynamics, which are expected to evolve over the future of the global CBD market, in turn creating lucrative avenues for the prominent companies, and also to the petite enterprises, associated with the development of the global CBD market.

The CBD Market report highlights the following players:

Canopy Growth 
Aurora
Tilray
Aphria
The Cronos Group
Hexo Corp
OrganiGram
WestLeaf
Valens GroWorks
Indiva
Neptune Wellness
Village Farms
EnCann
The CBD Market report examines the operating pattern of each player – new product launches, partnerships, and acquisitions – has been examined in detail.

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Important regions covered in the CBD Market report include:

CBD Market to Discern Magnified Growth During 2019 - 2029

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A new study by Fact.MR reveals that the global CBD market is likely to grow by over 40% in 2019 from 2018. The global CBD market is anticipated to have a positive growth in the forecast period owing to the growing awareness about therapeutic benefits of CBD, decrease in the social stigma against the cannabis and countries taking initiation towards legalization of some of the varieties of cannabis derivatives like CBD.

In the last 30 years, around 50 countries have legalized some form of cannabis by virtue of its potency against various illnesses like Crohn's disease, epilepsy, glaucoma, and nausea. The increase in the geriatric population across the globe has bolstered the requirement of medical cannabis for pain-relieving purposes. All of this has rapidly changed the consumer mind-set regarding cannabis and its derivatives. The consumer now regards cannabis as a therapeutic instead of a psychotropic ingredient. These changes have led to many companies getting attracted to growing cannabis and selling for both medical and recreational purposes. The companies are adopting CBD into various end-user products like Vapes, edibles, and beverages. CBD used in non-conventional products had a market share of around 45% in 2018, says the report.

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