Medical Marijuana Market Size, Global Trends, Industry Demand and Forecast to 2023
The global medical marijuana market is already hitting milestones one after another, mainly due to the medical acceptance of Cannabidiol (CBD) and tetrahydrocannabinol (THC), the main psychoactive parts of marijuana. The medical marijuana industry has already demonstrated a rapid surge in sales, combined recreational and medical. Over the past couple of years, several countries have introduced marijuana Medicalization bills, laying out a plan for the medical marijuana dispensaries nationwide, beginning to sell the cannabis-infused drugs. Read More @ https://www.marketresearchfuture.com/reports/medical-marijuana-market-6470
The global medical marijuana market is already hitting milestones one after another, mainly due to the medical acceptance of Cannabidiol (CBD) and tetrahydrocannabinol (THC), the main psychoactive parts of marijuana. The medical marijuana industry has already demonstrated a rapid surge in sales, combined recreational and medical. Over the past couple of years, several countries have introduced marijuana Medicalization bills, laying out a plan for the medical marijuana dispensaries nationwide, beginning to sell the cannabis-infused drugs.
Read More @ https://www.marketresearchfuture.com/reports/medical-marijuana-market-6470
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Medical Marijuana Market
Global Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
CREATED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
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Medical Marijuana Market Global Research Report -
Forecast till 2023
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Market Highlights
Medical Marijuana Market: Information by Product Type (Solid, Gas and Dissolvable/Powders), Application
(Alzheimer’s Disease, Cancer, Schizophrenia and Multiple Sclerosis), Distribution Channel (Retail & Pharmacy Stores,
Online Platforms) and Region - Forecast till 2023
The Global Medical Marijuana Market is expected to register a CAGR of 34.0% to reach USD 54,677.1 Million by
2023.
The global Medical Marijuana Market is already hitting milestones one after another, mainly due to the medical acceptance
of Cannabidiol (CBD) and tetrahydrocannabinol (THC), the main psychoactive parts of marijuana. The medical marijuana
industry has already demonstrated a rapid surge in sales, combined recreational and medical. Over the past couple of
years, several countries have introduced marijuana Medicalization bills, laying out a plan for the medical marijuana
dispensaries nationwide, beginning to sell the cannabis-infused drugs.
The American accounts the largest market share in 2017. Followed by America, Europe holds the second position and
represents 5.5% of the entire market. Europe holds the second position owing to the increasing demand of marijuana for
the treatment of neural problems and various chronic diseases. In Europe, West Europe holds the largest share. Whereas
the Asia-Pacific is expected to register the fastest CAGR.
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Medical Marijuana Market Global Research Report -
Forecast till 2023
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Regional Analysis
The global Medical Marijuana Market Size, based on region, is divided into the Americas, Europe, Asia-Pacific and the
Middle East and Africa.
The American accounts the largest market share in 2017, and the regional market is projected to register a CAGR of
34.0% during the forecast period.
The American is expected to hold the largest market share due to the increasing prevalence of Alzheimer disease, cancer,
and others. Europe is expected to be the second largest market share, with 5.5% from the global medical marijuana
market, and the Asia-Pacific is projected to be the fastest growing market.
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Medical Marijuana Market Global Research Report -
Forecast till 2023
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Application & Major Players in this Research:
Market Prominent Players:
Market Research Future (MRFR) recognizes
• Canopy Growth Corporation (US)
• Cannabis Sativa Inc (Nevada)
• GW Pharmaceuticals Plc (US)
• Emerald Health Therapeutics Inc. (Victoria, BC),
• Tilray (Nanaimo, BC)
• Aphria (Ontario)
• CanniMed Ltd (Canada)
And many more…
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Medical Marijuana Market Global Research Report -
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