Handheld Marijuana Vaporizer Market Key companies Profile, their industry Share

Posted by Sakshi Mishra on December 26th, 2019

A recent report by Transparency Market Research States that the since the legalization of marijuana is several countries, the global handheld marijuana vaporizer market is growing exponentially. The popularity of the herb has a major hand in the progressive of the market states the experts at Transparency Market Research. According to their prediction, the global handheld marijuana vaporizer market is projected to witness a robust 23% in the duration of 2019 to 2027. Moreover the prescribed use of the herb for treatment of anxiety and depression is also a key factor driving the growth of the global handheld marijuana vaporizer market in the duration, says the report.

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Legal Sale of the Herb Boosts the Growth

Ever since in 2013 when Uruguay first legalized marijuana, several countries are now following the same trait. Countries like Canada, Denmark, and various other countries have also or shall be soon legalizing the herb. This legalization of the herb has allowed the businesses to develop compact and cost effective vaporizers that can be used easily. These developments are some of the major reasons responsible for the growth of global handheld marijuana vaporizer market in the projected time frame.

Moreover, the growth in the number of people who are willing to get high on the vapors of marijuana is also a major factor that boosts the growth of handheld marijuana vaporizer market globally.