A key driver for the global legal cannabis market is the rapid legalization of cannabis worldwide. Many nations have been decriminalizing cannabis and legalizing the use of marijuana both for recreational and medicinal purposes. At present, in the US, 34 states (including Washington DC) have legalized cannabis for medicinal purposes, while 10 states among them have even granted the permission for the use of cannabis both for recreational and medicinal uses.
This global legal cannabis industry growth market research report also provides an analysis of the most important trends expected to impact the market outlook during the period 2019-2023.

Global legal cannabis market: Use of advanced techniques in cannabis cultivation
Owing to the advent of new processes used in cannabis cultivation, the cannabis industry has been witnessing growth. These processes have been extremely helpful in enhancing the quality and increasing the production level. Cannabis cultivation is basically done in fully-equipped laboratories with facilities such as sanitized chambers and controlled environment.

Global legal cannabis market: Segmentation analysis
This legal cannabis market analysis report segments the market by product (legal medical cannabis and legal recreational cannabis) and geography (the Americas, APAC, and EMEA).
The legal medical cannabis segment led the global legal cannabis market, contributing to more than 71% share in 2018. The legal medical cannabis market has been growing at an exponential rate since 2012 owing to an increasing number of countries legalizing the medical use of cannabis.