The government of Canada states the law Canada Gazette, Part 2 on June 26, 2019, which enrolls the rules and regulations regarding edible cannabis, cannabis extracts, and cannabis topicals that apply to the production, distribution, sale, importation and exportation of cannabis by federal license holders.

According to the report, Different Use and Benefits of Cannabis Oils have Made the Manufacturers Develop More Oil Products is one of the primary growth factors for the market. Growth in Legalization of Cannabis and Rise in Social Acceptance of Marijuana is also expected to contribute significantly to the Cannabis Products market. Overall, Medical applications of Cannabis Products, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Chemical Compound, such as Tetrahydrocannabinol (THC)-dominant, is boosting the Cannabis Products market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Sales Channel, such as Direct, is boosting the Cannabis Products market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the Global Cannabis Products market identified that the demand is rising in many different parts of the world as "Rise in Medical Usage of Cannabis Products for Cancer Related Treatments". Furthermore, some recent industry insights like "In 2022, Canopy Growth Corporation unveiled a line-up of new offerings across its premium brand portfolio – 7ACRES, Ace Valley, Deep Space and Doja.This new line-up builds on the Company's continued commitment to product innovation and meeting evolving consumer demand, with select products releasing just in time for the first long weekend of the summer, including the release of its first large format premium flower offering for the recreational market, Doja 91K 14g, while cementing Canopy's leadership position in the premium flower market." which is constantly making the industry very dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Cannabis Products market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Cannabis Products market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Cannabis Products market size is calculated using market estimation process, the Cannabis Products market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Cannabis Products market size has been validated using both top-down and bottom-up approaches.