The flower segment accounted for the largest share in the Cannabis Market
Based on product type, flower segment dominated the Cannabis Market. Flower have a wider availability. Also, its method delivery as smoking or vaping the cannabis flower has a quicker effect and is preferred for fast-acting relief.
The CBD-dominant segment is projected to account for the second-largest share in the Cannabis Market during the forecast period
By compound, the Cannabis Market is segmented into THC-dominant, CBD-dominant, and Balanced THC & CBD. CBD-dominant segment accounted for the second-largest market share in the overall Cannabis Market. It is considered one of the most therapeutic and healing part of the plant. Also, CBD-dominant strains are preferred by consumers suffering from chronic pain, inflammation, anxiety, and other chronic disorders.