Thailand Medical Cannabis Market is expected to grow with the CAGR of 25.16% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.
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Thailand medical cannabis market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in Thailand medical cannabis market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.
Tilray is the dominating player in Thailand Medical Cannabis market. The other key players existing in the market includes MediPharm Labs, Inc., Elixinol Thailand Limited, Medical Marijuana, Inc., Extractas, Peace Naturals Project Inc., BOL Pharma, PharmaHemp, Kiehl’s (A Subsidiary of L'ORÉAL), CANOPY GROWTH CORPORATION, Cresco Labs, Aurora Cannabis, Althea Company Pty Ltd (A Subsidiary of Althea Group Holdings Limited), IDT Australia, MediPharm Labs Inc., THC Thailand Group Limited, and Aphria Inc. among others.
Tilray is headquartered in Canada which was established in 2018. The company is focused on cannabis research, cultivation, processing and distribution. The company offers wide range of product categories such as medical cannabis, and accessories among which medical cannabis is the market focused category.
The company has a presence in North America, Europe, South America, Asia-Pacific, Middle East and Africa.
Aurora Cannabis is headquartered in Alberta, Canada, which was founded in year 2014. The company is focused on medical cannabis, advancing patient access globally and dedicated to helping people improve their health, wellness and overall quality of call. The company offers various product categories such as Cannimed, MedReleaf, Aurora, WMMC, Daily Special, Altavie among which Cannimed, MedReleaf, Aurora, and WMMC are the market focused categories.
The company has presence in North America, Europe, South America, Asia-Pacific, and Middle East and Africa.
CANOPY GROWTH CORPORATION
Canopy Growth Corporation is headquartered in Ontario, Canada which was founded in 2014. The company is engaged in the manufacturing and distribution of medical cannabis products by selling widest variety of seeds in legal sector. The company has product categories which are edibles, beverages, vapes, dried flowers, oils & concentrates, soft gels capsules, and hemp in which edibles, vapes, dried flowers, oils & concentrates, and soft gels capsules are the market focused categories.
The company has wide presence in North America, Europe, South America, Asia-Pacific, and Middle East and Africa.
Thailand Medical Cannabis Market – Industry Trends and Forecast to 2028