Cannabis Science, Inc.

DUBLIN--( BUSINESS WIRE )--The "Global Cannabis Market (2022-2027) by Form, Product Type, Compound, Source, Distribution Channel, Application, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering. The Global Cannabis Market is estimated to be USD 25.74 Bn in 2022 and is expected to reach USD 87.17 Bn by 2027, growing at a CAGR of 27.63% Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals. As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding growth and reducing risks. Competitive Quadrant The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc. Ansoff Analysis The report presents a detailed Ansoff matrix analysis for the Global Cannabis Market. Ansoff Matrix, also known as the Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach. The analyst analyses the Global Cannabis Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position. Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth. Why buy this report? The report offers a comprehensive evaluation of the Global Cannabis Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies. The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry. The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report. The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies. The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool. Market Dynamics Drivers Social Acceptance of Cannabis Products Globally Increasing Use in Treatment of the Patients Diagnosed with Neurological Disorders and other Chronic Diseases Legal Supply of Quality-controlled Cannabis Available for Sale Increasing Demand of Cannabis-infus Restraints Lacking Guidance and Inaccurate Dosing can Result in Dangerous Consequences Product Developers Need to Be Constantly on Their Toes Governance of Cannabis Possession, Usage, Distribution or Sales by International Laws Opportunities New Product Development Related to Cannabis-infused Foods and Beverages Pharmaceutical and Beverage Companies Eyeing the Cannabis Market for Long-Term Gain Efficient Cannabis Retractation Procedures Under Development Challenges Heavy Taxes Imposed on Cannabis Industry Intensive Energy Consumption and Maintaining Product Consistency for the Cultivation of Cannabis Market Segmentation The Global Cannabis Market is segmented based on Form, Product Type, Compound, Source, Distribution Channel, Application, and Geography. By Form, the market is classified into Concentrated Oil, Cream, Food Additive, Inhaled Liquids, Supplement Capsule and Tincture Spray. By Product Type, the market is classified into Concentrates, Flower, leaves and Seeds. By Compound, the market is classified into Balanced THC & CBD, Cannabidiol (CBD)-Dominant and Tetrahydrocannabinol (THC)-Dominant. By Source, the market is classified into Non-Organic and Organic. By Distribution Channel, the market is classified into Offline and Online. By Application, the market is classified into Cosmetics & Personal Care, Food & Beverage, Medical & Pharmaceuticals, Pet Care and Recreational. By Geography, the market is classified into Americas, Europe, Middle East & Africa, and Asia-Pacific. Companies Mentioned Acreage Holdings Aurora Cannabis, Inc. Cannabis Science, Inc. CannTrust Holdings, Inc. Canopy Growth Corp. Cronos Group Curaleaf Holdings, Inc. CV Sciences, Inc. Green Thumb Industries, Inc. Harvest Health & Recreation, Inc. HEXO Operations, Inc. Jazz Pharmaceuticals, Inc. Medical Marijuana, Inc. MedMen Organigram Holdings,Inc. STENOCARE A/S Tikun Olam, LLC Tilray, Inc. Trulieve Cannabis Vivo Cannabis, Inc. For more information about this report visit https://www.researchandmarkets.com/r/pu71k7

New York, Feb. 12, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Drill Pipe Market, By Grade, By Application, By Region, Competition, Forecast & Opportunities, 2014-2025" - Global drill pipe market was valued at USD 1,238 million in 2019 and is projected to grow at a CAGR of around 6.52% to reach USD 1,427 million by 2025. Growth in the market can be attributed to the increasing demand for energy coupled with the declining production in onshore fields, which has necessitated exploration of offshore reserves. Growing investments across upstream sector coupled with ongoing exploration & production of unconventional resources including shale and tight gas will drive the drill pipe market size across the globe. A drill pipe, is a hollow, thin-walled, steel or aluminum alloy piping that is used on drilling rigs. In terms of application, the global drill pipe market is categorized into onshore and offshore, of which the onshore category was the largest segment in 2019 and it is anticipated to maintain its dominance during forecast period as well. The growth of the onshore category is majorly attributable to the development of unconventional reserves such as coal bed methane, tar sands and shale reserves. In terms of region, the global drill pipe market is categorized into North America, South America, Europe, Asia-Pacific and Middle East & Africa.North America accounted for majority of the global market for drill pipes in 2019 and is anticipated to maintain its position during forecast period as well. Burgeoning shale gas exploration and production in the US, has favored the drill pipe market in the North America.Middle East & Africa drill pipes market is expected to witness the fastest growth throughout the forecast period. Rising focus towards achieving diversified economic growth along with various government schemes to enhance crude oil production is expected to propel the growth of drill pipe market in Middle East & Africa. Drill pipe market is largely controlled by 4 major market players including Hilong Group, TMK Group, Tenaris S.A. and National Oilwell Varco. These companies have large scale manufacturing operations which cater to major oil & gas exploration hotspots such as Africa and Asia-Pacific among others. Some of the other players operating in the global drill pipe market are Drill Pipe International LLC, Oil Country Tubular Limited, Tejas Tubular Products Inc., Texas Steel Conversion Inc., DP Master, among others. Years considered for this report: Historical Years: 2014-2018 Base Year: 2019 Estimated Year: 2020 Forecast Period: 2021–2025 Objective of the Study: • To analyze and forecast the market size of global drill pipe market • To forecast global drill pipe market based on grade, application and regional distribution • To identify drivers and challenges for global drill pipe market • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global drill pipe market • To conduct the pricing analysis for global drill pipe market • To identify and analyze the profile of leading players operating in the global drill pipe market The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of drill pipe manufacturers across the globe. Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors. Through this technique, the analyst could include the suppliers which could not be identified due to the limitations of secondary research. The analyst examined the product offerings, distribution channels and presence of all major drill pipe manufacturers across the globe. The analyst calculated global drill pipe market size using a bottom-up approach, wherein data for various end user industries and its application across various product types were recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst. Key Target Audience: • Drill pipe manufacturers • Drill pipe suppliers, distributors and other stakeholders • Drill pipe end user industries • Organizations, forums and alliances related to drill pipe market • Market research and consulting firms The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Report Scope: In this report, global drill pipe market has been segmented into following categories, in addition to the industry trends which have also been detailed below: • Market, By Application o Offshore o Onshore • Market, By Type o API Grade o Premium Grade • Market, By Region: o Asia-Pacific - China - India - Indonesia - Australia - Malaysia - Rest of Asia-Pacific o Europe - Russia - Norway - United Kingdom - Netherlands - Denmark - Rest of Europe o North America - United States - Mexico - Canada o South America - Brazil - Argentina - Colombia o Middle East & Africa - Saudi Arabia - Kuwait - UAE - Iran - Rest of MEA Competitive Landscape Company Profiles: Detailed analysis of the major companies present in global drill pipe market. Available Customizations: With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report: Company Information • Detailed analysis and profiling of additional market players (up to five). Profit Margin Analysis • Profit margin analysis in case of direct and indirect sales channel. Read the full report: About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001

Photo Credit: SGRE Siemens Gamesa Renewable Energy (SGRE, Zamudio, Spain) announced on Jan. 11 its decision to close its Somozas (La Coruña) and Cuenca plants and will present a collective dismissal agreement for up to 266 employees (215 in Somozas and 51 in Cuenca). According to SGRE, the closure of the Somozas factory is a result of a lack of orders for the SG 2.X-114 model wind turbine produced at the plant, and because it would be unable to competitively produce larger blade models demanded by the market. Specifically, the company has no confirmed orders for this blade model in Spain in 2021. As a result of stagnant demand, no plans have been enacted to use the turbine in future projects. Further, producing larger blade models at its Somozas facility is more costly than its other locations, and would be too difficult due to site and logistic constraints, says SGRE.  In an extremely competitive repair market, SGRE says its Cuenca plant, which is exclusively focused on the repair of blades, is no longer sustainable in the long term, largely due to site constraints. The growing trend to replace blades rather than repair them has also magnified this decision. SGRE says a collective dismissal agreement will soon be presented for up to 266 employees. Negotiations with the local workers council are intended to start in the coming days, in accordance with applicable rules and regulations. The decision is in line with Siemens Gamesa's ongoing activities aimed at improving competitiveness, in particular in its onshore business, and delivering long-term sustainable profitability. The company will continue to shape its organization and cost base to the conditions of the global wind market, which is characterized by intense competition and price pressures that have eroded margins of wind turbine manufacturers, including Siemens Gamesa. “We urgently need to return to the path of profitability and the only way to do it is by applying measures such as these, and those ones already carried out in our onshore business in the last year and a half,” says Siemens Gamesa’s Onshore CEO Lars Krogsgaard. “We have analyzed all the options, but concluded there is no alternative. These are tough measures, but necessary to put the company back on track and guarantee its sustainability and the employment of the more than 24,000 employees of Siemens Gamesa, around 4,400 of them in Spain. We will do our best during the negotiations with the unions to support our colleagues through this transition and minimize the impact the decision has on our employees.”