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Cannabis oil is from the marijuana plant (cannabis indicas). The oil is extracted from the leaves of the cannabis plant. It contains high levels of THC. It is used for medicinal purposes and as a recreational drug.
Cannabis oil reached considerable popularity when a man in Canada named Rick Simpson began distributing this concentrate, albeit illegally, as a medicine. Rick's oil (commonly known as "Rick Simpson oil") brought the long studied knowledge about the anti-tumor and various medicinal properties of cannabis to the mainstream.
Scope of the Report:
Global major cannabis oil production regions are USA, Canada and Europe. Canada is the largest production region, which produced 1071.6 kilo bottles in 2017, accounting for 52.66%. USA is the second largest production region, with production of 778.9 kilo bottles in 2017.
The worldwide market for Cannabis Oil is expected to grow at a CAGR of roughly 55.5% over the next five years, will reach 1410 million US$ in 2024, from 100 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Cannabis Oil in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Select Oil
- K.I.N.D. Concentrates
- Canopy Growth Corporation
- Emblem Cannabis Oils
- The Lab
- Absolute Terps
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Organic Cannabis Oil
- Non-Organic Cannabis Oil
Market Segment by Applications, can be divided into
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Cannabis Oil product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Cannabis Oil, with price, sales, revenue and global market share of Cannabis Oil in 2017 and 2018.
Chapter 3, the Cannabis Oil competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Cannabis Oil breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Cannabis Oil market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Cannabis Oil sales channel, distributors, customers, research findings and conclusion, appendix and data source.