North America and South & Central America Medical Marijuana Market Forecast to 2028

North America and South & Central America Medical Marijuana Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Dried Form and Extract Form), Application (Pain Management, Tourette’s, Alzheimer’s Disease, Migraines, Depression and Anxiety, Multiple Sclerosis, Cancer, and Others), Distribution Channel (Retail Pharmacy, E-Commerce, and Others), and Regions

Report Code : TIPRE00029677 | Region : North America | Industry : Pharmaceuticals | Published Date : 25/Aug/2022

The North America and South & Central America medical marijuana market was valued at US$ 6,645.16 million in 2021 and is projected to reach US$ 22,809.76 million by 2028; it is estimated to grow at a CAGR of 19.3% from 2022 to 2028.

The report highlights trends prevailing in the market and factors driving the North America and South & Central America medical marijuana market. The market growth is attributed to increasing approvals of medical marijuana products and rising acceptance of the medicinal use of marijuana. However, the illegal use of cannabis as a street drug and misconceptions regarding marijuana limit the market growth.

Medical marijuana is in its introduction stage in the medical health industry. It is a potent product accepted globally, where Chinese medicines are already being manufactured using these plants, and that too with a long history associated. Medical marijuana remains a significant influence in the healthcare industry to treat cases that are not entirely advisable with traditional medicines. Medical marijuana is just a typical marijuana plant that is processed to get the fundamental composition of cannabinoids, which is necessary to synthesize the product to be in use.

Countries in North America have legalized the use and cultivation of medical cannabis. For instance, in 2012, Uruguay became the first country in the world to legalize the recreational use of cannabis. Similarly, in 2014, Brazil authorized the use of medical cannabis, and in 2016, it approved the import of medications based on CBD oil and products made from THC and marijuana flowers. In 2017, Peru approved a law regulating the medicinal and therapeutic use of cannabis and its derivatives. In 2018, the Government of Canada passed the Cannabis Act, which created a strict legal framework for controlling the production, distribution, sale, and possession of cannabis across Canada. In the US, as of February 2022, marijuana was legalized in 37 states and the District of Columbia. In the past few years, Mexico, Luxembourg, and Lesotho, among others, have joined the list of countries to legalize the use of marijuana for medical applications.

However, despite widespread legalization of the use of cannabis, its legal cultivation and production have earlier been mostly limited to developing countries. In September 2019, the Ministry of Commerce, Agriculture, and Fisheries of Jamaica announced a partnership with Harvard International Phytomedicines and Medical Cannabis Institute (HIPI) to conduct research on the pharmacological benefits of marijuana. At the same time, Jamaica aims to capitalize on this partnership and utilize this opportunity to grow and develop its national marijuana industry. Moreover, the World Health Organization (WHO) states that ~80% of the world's population utilizes marijuana or cannabis for medical remedies. Therefore, the growing acceptance, cultivation, and production of medical marijuana in developing countries is contributing significantly to the growth of the North America and South & Central America medical marijuana market.

Based on product, the North America and South & Central America medical marijuana market is bifurcated into dried form and extract form. The extract form segment held a larger market share in 2021. Moreover, the same segment is anticipated to register a higher CAGR during the forecast period. The growth of the extract form segment can be attributed to the rising demand for liquid extracts in medical applications, increasing health and wellness trends with the consumption of natural health products, and rising awareness regarding the benefits of extracts over dried marijuana.

Based on application, the North America and South & Central America medical marijuana market is segmented into pain management, Tourette’s, Alzheimer's disease, migraines, depression and anxiety, multiple sclerosis, cancer, and others. The pain management segment held the largest market share in 2021. However, the multiple sclerosis segment is expected to record the fastest CAGR from 2022 to 2028. The pain management segment is driven by the growing prevalence of trauma or hypertension, increasing demand for muscle and nerve stimulators, and the rising prevalence of lifestyle disorders such as obesity and diabetes.

Based on distribution channel, the North America and South & Central America medical marijuana market is segmented into retail pharmacy, e-commerce, and others. The retail pharmacy segment held the largest market share in 2021. However, the e-commerce segment is expected to record the fastest CAGR during 2022–2028. The major driving factors for the retail pharmacy segment are a highly regulated supply chain, expert consulting, and patient solutions that improve adherence.

COVID-19 Impact – North America and South & Central America Medical Marijuana Market

Despite the increasing COVID-19 cases worldwide, there were vital growth opportunities for the medical marijuana market. The demand for nutritious products has increased during the COVID-19 pandemic. A good intake of healthy food has helped in building immunity and avoiding getting infected by SARS-CoV- The medical marijuana market in North America declined by a rate of 32% from 2019 to 2020. Due to lockdown and shut down, no movements were taking place in most industries, as well as the import-export business was impacted and changes in guidelines for the products supply negatively impacted the market growth. In North Macedonia, construction of Pharmacon's 178,000-square-foot cannabis (marijuana) grow house, slowed due to social distancing guidelines. Additionally, in Barcelona, Cannabis Social Clubs—private, non-profit organizations, where the substance is collectively grown and distributed to registered members, was shut down following the government's declaration of a state of alarm across the country. Thus, the increasing sales of cannabis products is expected to drive the market during the forecast period. Also, major healthcare companies were focusing on the development of COVID-19 vaccines due to which the market witnessed a decline in the research activities related to medical marijuana.

However, in various states, governors and public health officials later deemed cannabis businesses as “essential” operations. Nearly all states with legal medical or recreational markets classified marijuana businesses as an “essential service,” which allowed the company to remain open even as much of the retail economy has had to close or operate with severe restrictions. Due to the fact that medical marijuana has been acknowledged as an alternative therapy to its traditional counterparts, the medical marijuana market is expected to grow due to an increased prevalence of ailments in the pandemic period.

Various organic and inorganic strategies are adopted by companies operating in the medical marijuana market. The organic strategies mainly include product launches and product approvals. Further, inorganic growth strategies witnessed in the market are acquisitions, collaboration, and partnerships. These growth strategies allow the medical marijuana market players to expand their businesses and enhance their geographic presence, thereby contributing to the overall market growth. Further, acquisition and partnership strategies help the market players strengthen their customer base and expand their product portfolios. A few significant developments by key players in the medical marijuana market are listed below.

• In February 2021, CANAQUEST MEDICAL CORP announced a new production and distribution agreement with PurCann Pharma ("PurCann ") and SiliCycle Inc. ("SiliCycle "). This agreement facilitates CanaQuest's planned production, distribution, and global export of Mentanine and Mentabinol formulations, through its wholly owned subsidiary, ADC BioMedical Corp.

• In May 2020, Aphria Inc., a leading global cannabis company, announced that it would transfer its stock exchange listing from the New York Stock Exchange ("NYSE") to The Nasdaq Global Select Market ("Nasdaq") after the market close. The company expects its common stock will begin trading as Nasdaq-listed security and will continue to be listed under the ticker symbol "APHA." This transition will not impact the company's primary listing on the Toronto Stock Exchange (TSX: APHA).

A few major primary and secondary sources referred to while preparing the report on the medical marijuana market are the World Health Organization (WHO), the Centers for Disease Control (CDC), and the Food and Drug Administration (FDA), among others.

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TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 North America and South & Central America Medical Marijuana Market – By Product Type

1.3.2 North America and South & Central America Medical Marijuana Market – By Application

1.3.3 North America and South & Central America Medical Marijuana Market – By Distribution Channel

1.3.4 North America and South & Central America Medical Marijuana Market – By Region

2. North America and South & Central America Medical Marijuana Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America and South & Central America Medical Marijuana - Market Landscape

4.1 Overview

4.2 PEST Analysis

4.2.1 North America and South & Central America Medical Marijuana Market – North America PEST Analysis

4.2.2 North America and South & Central America Medical Marijuana Market – South & Central America PEST Analysis

4.3 Expert Opinion

4.4 Regulatory Requirements for Medical Marijuana

4.4.1 North America - Regulatory Requirements for Medical Marijuana

4.4.2 South & Central America - Regulatory Requirements for Medical Marijuana:

5. North America and South & Central America Medical Marijuana - Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Approvals of Medical Marijuana Products

5.1.2 Rising Acceptance of Medicinal Use of Marijuana in America

5.2 Market Restraints

5.2.1 Illegal Use of Cannabis as Street Drug and Misconceptions Regarding Marijuana

5.3 Market Opportunities

5.3.1 Increase in Job Opportunities in Marijuana Industry

5.4 Future Trends

5.4.1 Widespread Distribution of Medical Marijuana

5.5 Impact Analysis

6. North America and South & Central America Medical Marijuana Market – Geographic Analysis

6.1 North America and South & Central America Medical Marijuana Market Revenue Forecast and Analysis

6.2 Company Analysis

6.2.1 Market Positioning of Key Players

6.2.2 Comparative Company Analysis

6.3 Growth Strategy Analysis

6.4 Performance of Key Players

6.4.1 Aphria, Inc.

6.4.2 Canopy Growth Corporation

7. North America and South & Central America Medical Marijuana Market Analysis – By Product

7.1 Overview

7.2 North America and South & Central America Medical Marijuana Market Revenue Share, by Product Type (2021 and 2028)

7.3 Dried Form

7.3.1 Overview

7.3.2 Dried Form: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Extract Form

7.4.1 Overview

7.4.2 Extract Form: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

8. North America and South & Central America Medical Marijuana Market– By Application

8.1 Overview

8.2 North America and South & Central America Medical Marijuana Market Revenue Share, by Application (2021 and 2028)

8.3 Pain Management

8.3.1 Overview

8.3.2 Pain Management: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Tourettes

8.4.1 Overview

8.4.2 Tourettes: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Alzheimer’s Disease

8.5.1 Overview

8.5.2 Alzheimer’s Disease: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

8.6 Migraines

8.6.1 Overview

8.6.2 Migraines: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

8.7 Depression and Anxiety

8.7.1 Overview

8.7.2 Depression and Anxiety: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

8.8 Multiple Sclerosis

8.8.1 Overview

8.8.2 Multiple Sclerosis: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

8.9 Cancer

8.9.1 Overview

8.9.2 Cancer: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

8.10 Others

8.10.1 Overview

8.10.2 Others: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

9. North America and South & Central America Medical Marijuana Market Analysis – By Distribution Channel

9.1 Overview

9.2 North America and South & Central America Medical Marijuana Market, by Distribution Channel, 2021 and 2028 (%)

9.3 Retail Pharmacy

9.3.1 Overview

9.3.2 Retail Pharmacy: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

9.4 E-Commerce

9.4.1 Overview

9.4.2 E-commerce: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Others

9.5.1 Overview

9.5.2 Others: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

10. North America and South & Central America Medical Marijuana Market Revenue and Forecast To 2028 – Geographical Analysis

10.1 North America: North America and South & Central America Medical Marijuana Market Revenue and Forecast to 2028

10.1.1 Overview

10.1.2 North America and South & Central America Medical Marijuana Market Revenue and Forecast to 2028 (US$ Mn)

10.1.3 North America: North America and South & Central America Medical Marijuana Market, by Product – Revenue and Forecast to 2028 (USD Million)

10.1.4 North America: North America and South & Central America Medical Marijuana Market, by Application – Revenue and Forecast to 2028 (USD Million)

10.1.5 North America: North America and South & Central America Medical Marijuana Market, Distribution Channel – Revenue and Forecast to 2028 (USD Million)

10.1.6 North America: North America and South & Central America Medical Marijuana Market, by Country, 2021 & 2028 (%)

10.1.6.1 US: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.1.1 US: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.1.2 US: North America and South & Central America Medical Marijuana Market, by Product – Revenue and Forecast to 2028 (USD Million)

10.1.6.1.3 US: North America and South & Central America Medical Marijuana Market, by Application– Revenue and Forecast to 2028 (USD Million)

10.1.6.1.4 US: North America and South & Central America Medical Marijuana Market, Distribution Channel – Revenue and Forecast to 2028 (USD Million)

10.1.6.2 Canada: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.2.1 Canada: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.2.2 Canada: North America and South & Central America Medical Marijuana Market, by Product – Revenue and Forecast to 2028 (USD Million)

10.1.6.2.3 Canada: North America and South & Central America Medical Marijuana Market, by Application– Revenue and Forecast to 2028 (USD Million)

10.1.6.2.4 Canada: North America and South & Central America Medical Marijuana Market, Distribution Channel – Revenue and Forecast to 2028 (USD Million)

10.1.6.3 Mexico: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.3.1 Mexico: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.3.2 Mexico: North America and South & Central America Medical Marijuana Market, by Product – Revenue and Forecast to 2028 (USD Million)

10.1.6.3.3 Mexico: North America and South & Central America Medical Marijuana Market, by Application– Revenue and Forecast to 2028 (USD Million)

10.1.6.3.4 Mexico: North America and South & Central America Medical Marijuana Market, Distribution Channel – Revenue and Forecast to 2028 (USD Million)

10.2 South & Central America: North America and South & Central America Medical Marijuana Market Revenue and Forecast to 2028

10.2.1 Overview

10.2.2 South & Central America: North America and South & Central America Medical Marijuana Market Revenue and Forecast to 2028 (US$ Mn)

10.2.3 South & Central America: North America and South & Central America Medical Marijuana Market, by Product – Revenue and Forecast to 2028 (USD Million)

10.2.4 South & Central America: North America and South & Central America Medical Marijuana Market, by Application – Revenue and Forecast to 2028 (USD Million)

10.2.5 South & Central America: North America and South & Central America Medical Marijuana Market, Distribution Channel – Revenue and Forecast to 2028 (USD Million)

10.2.6 South & Central America: North America and South & Central America Medical Marijuana Market, by Country, 2021 & 2028 (%)

10.2.6.1 Brazil: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (USD Million)

10.2.6.1.1 Brazil: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (USD Million)

10.2.6.1.2 Brazil: North America and South & Central America Medical Marijuana Market, by Product – Revenue and Forecast to 2028 (USD Million)

10.2.6.1.3 Brazil: North America and South & Central America Medical Marijuana Market, by Application– Revenue and Forecast to 2028 (USD Million)

10.2.6.1.4 Brazil: North America and South & Central America Medical Marijuana Market, Distribution Channel – Revenue and Forecast to 2028 (USD Million)

10.2.6.2 Argentina: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (USD Million)

10.2.6.2.1 Argentina: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (USD Million)

10.2.6.2.2 Argentina: North America and South & Central America Medical Marijuana Market, by Product – Revenue and Forecast to 2028 (USD Million)

10.2.6.2.3 Argentina: North America and South & Central America Medical Marijuana Market, by Application– Revenue and Forecast to 2028 (USD Million)

10.2.6.2.4 Argentina: North America and South & Central America Medical Marijuana Market, Distribution Channel – Revenue and Forecast to 2028 (USD Million)

10.2.6.3 Rest of South & Central America: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (USD Million)

10.2.6.3.1 Rest of South & Central America: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (USD Million)

10.2.6.3.2 Rest of South & Central America: North America and South & Central America Medical Marijuana Market, by Product – Revenue and Forecast to 2028 (USD Million)

10.2.6.3.3 Rest of South & Central America: North America and South & Central America Medical Marijuana Market, by Application– Revenue and Forecast to 2028 (USD Million)

10.2.6.3.4 Rest of South & Central America: North America and South & Central America Medical Marijuana Market, Distribution Channel – Revenue and Forecast to 2028 (USD Million)

11. Impact of COVID-19 Pandemic on North America and South & Central America Medical Marijuana Market

11.1 North America: Impact Assessment of COVID-19 Pandemic

11.2 South & Central America: Impact Assessment of COVID-19 Pandemic

12. North America and South & Central America Medical Marijuana Market – Industry Landscape

12.1 Overview

12.2 Growth Strategies in the North America and South & Central America Medical Marijuana Market, 2021-2028

12.3 Inorganic Growth Strategies

12.3.1 Overview

12.4 Organic Growth Strategies

12.4.1 Overview

13. Company Profiles

13.1 Aphria, Inc.

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Aurora Cannabis Inc.

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Canopy Growth Corporation

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 CanaQuest Medical Corporation

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 GW Pharmaceuticals

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 The Green Organic Dutchman Holdings

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Cannabis Science, Inc

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 CANVORY

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Organigram Holdings Inc.

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Tikun Olam

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Glossary of Terms

LIST OF TABLES.

Table 1. North America: North America and South & Central America Medical Marijuana Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 2. North America: North America and South & Central America Medical Marijuana Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 3. North America: North America and South & Central America Medical Marijuana Market, Distribution Channel – Revenue and Forecast to 2028 (USD Million)

Table 4. US: North America and South & Central America Medical Marijuana Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 5. US: North America and South & Central America Medical Marijuana Market, by Application – Revenue and Forecast to 2028 (USD Million).

Table 6. US: North America and South & Central America Medical Marijuana Market, Distribution Channel – Revenue and Forecast to 2028 (USD Million)

Table 7. Canada: North America and South & Central America Medical Marijuana Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 8. Canada: North America and South & Central America Medical Marijuana Market, by Application – Revenue and Forecast to 2028 (USD Million).

Table 9. Canada: North America and South & Central America Medical Marijuana Market, Distribution Channel – Revenue and Forecast to 2028 (USD Million)

Table 10. Mexico: North America and South & Central America Medical Marijuana Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 11. Mexico: North America and South & Central America Medical Marijuana Market, by Application – Revenue and Forecast to 2028 (USD Million).

Table 12. Mexico: North America and South & Central America Medical Marijuana Market, Distribution Channel – Revenue and Forecast to 2028 (USD Million)

Table 13. South & Central America: North America and South & Central America Medical Marijuana Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 14. South & Central America: North America and South & Central America Medical Marijuana Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 15. South & Central America: North America and South & Central America Medical Marijuana Market, Distribution Channel – Revenue and Forecast to 2028 (USD Million)

Table 16. Brazil: North America and South & Central America Medical Marijuana Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 17. Brazil: North America and South & Central America Medical Marijuana Market, by Application – Revenue and Forecast to 2028 (USD Million).

Table 18. Brazil: North America and South & Central America Medical Marijuana Market, Distribution Channel – Revenue and Forecast to 2028 (USD Million)

Table 19. Argentina: North America and South & Central America Medical Marijuana Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 20. Argentina: North America and South & Central America Medical Marijuana Market, by Application – Revenue and Forecast to 2028 (USD Million).

Table 21. Argentina: North America and South & Central America Medical Marijuana Market, Distribution Channel – Revenue and Forecast to 2028 (USD Million)

Table 22. Rest of South & Central America: North America and South & Central America Medical Marijuana Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 23. Rest of South & Central America: North America and South & Central America Medical Marijuana Market, by Application – Revenue and Forecast to 2028 (USD Million).

Table 24. Rest of South & Central America: North America and South & Central America Medical Marijuana Market, Distribution Channel – Revenue and Forecast to 2028 (USD Million)

Table 25. Recent Inorganic Growth Strategies in the North America and South & Central America Medical Marijuana Market

Table 26. Recent Organic Growth Strategies in the North America and South & Central America Medical Marijuana Market

Table 27. Glossary of Terms, North America and South & Central America Medical Marijuana Market

LIST OF FIGURES.

Figure 1. North America and South & Central America Medical Marijuana Market Segmentation

Figure 2. North America and South & Central America Medical Marijuana Market Segmentation, By Region

Figure 3. North America and South & Central America Medical Marijuana Market Overview

Figure 4. Extract Form Segment Held Largest Share by Product in North America and South & Central America Medical Marijuana Market

Figure 5. North America to Show Significant Growth During Forecast Period

Figure 6. North America and South & Central America Medical Marijuana Market- Leading Country Markets (US$ Mn)

Figure 7. North America and South & Central America Medical Marijuana Market, Industry Landscape

Figure 8. North America and South & Central America Medical Marijuana Market – North America PEST Analysis

Figure 9. North America and South & Central America Medical Marijuana Market – South & Central America PEST Analysis

Figure 10. North America and South & Central America Medical Marijuana Market – Revenue Forecasts and Analysis – 2020- 2028

Figure 11. Market Positioning of Key Players in North America and South & Central America Medical Marijuana Market

Figure 12. North America and South & Central America Medical Marijuana Market – Comparative Company Analysis

Figure 13. North America and South & Central America Medical Marijuana Market – Growth Strategy Analysis

Figure 14. North America and South & Central America Medical Marijuana Market Revenue Share, by Product Type (2021 and 2028)

Figure 15. Dried Form: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. Extract Form: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17. North America and South & Central America Medical Marijuana Market Revenue Share, by Application (2021 and 2028)

Figure 18. Pain Management: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. Tourettes: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. Alzheimer’s Disease: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. Migraines: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. Depression and Anxiety: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. Multiple Sclerosis: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. Cancer: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. Others: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. North America and South & Central America Medical Marijuana Market, by Distribution Channel, 2021 and 2028 (%)

Figure 27. Retail Pharmacy: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. E-commerce: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. Others: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30. North America: North America and South & Central America Medical Marijuana Market, by Key Country – Revenue (2021) (USD Million)

Figure 31. North America and South & Central America Medical Marijuana Market Revenue and Forecast to 2028 (US$ Mn)

Figure 32. North America: North America and South & Central America Medical Marijuana Market, by Country, 2021 & 2028 (%)

Figure 33. US: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (USD Million)

Figure 34. Canada: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (USD Million)

Figure 35. Mexico: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (USD Million)

Figure 36. South & Central America: North America and South & Central America Medical Marijuana Market, by Key Country – Revenue (2021) (USD Million)

Figure 37. South & Central America North America and South & Central America Medical Marijuana Market Revenue and Forecast to 2028 (US$ Mn)

Figure 38. South & Central America: North America and South & Central America Medical Marijuana Market, by Country, 2021 & 2028 (%)

Figure 39. Brazil: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (USD Million)

Figure 40. Argentina: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (USD Million)

Figure 41. Rest of South & Central America: North America and South & Central America Medical Marijuana Market – Revenue and Forecast to 2028 (USD Million)

Figure 42. Impact of COVID-19 Pandemic on North American Country Markets

Figure 43. Impact of COVID-19 Pandemic in South & Central American Country Markets

Figure 44. Growth Strategies in the North America and South & Central America Medical Marijuana Market, 2021-2028

List of Companies

1. Aphria, Inc.

2. Aurora Cannabis Inc.

3. Canopy Growth Corporation

4. CanaQuest Medical Corporation

5. GW Pharmaceuticals

6. The Green Organic Dutchman Holdings

7. Cannabis Science, Inc

8. CANVORY

9. Organigram Holdings Inc.

10. Tikun Olam

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the medical marijuana market.

● Highlights key business priorities in order to assist companies to realign their business strategies.

● The key findings and recommendations highlight crucial progressive industry trends in the North America and South & Central America medical marijuana market, thereby allowing players across the value chain to develop effective long-term strategies.

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets. 

● Scrutinize in-depth North America and South & Central America market trends and outlook coupled with the factors driving the market, as well as those hindering it.

● Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

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