Incredible Growth Of Medical Cannabis Market 2026 Growing With Major Eminent Key Players

1. Medical Cannabis Market- GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2018-2026 © Coherent market Insights. All Rights Reserved

2. REPORT DESCRIPTION Medical Cannabis Market – Overview According to the U.S., marijuana was the most widely used drug globally in 2014 with around 183 million users. Such a large user base makes it highly lucrative taxable opportunity, which is influencing various governments worldwide to initiate studies regarding legalization of the drug for medicinal use. The National Institute on Drug Abuse is conducting research on cannabis (marijuana) to treat numerous diseases and conditions such as autoimmune disease, pain, inflammation, seizures, mental disorders, and substance abuse disorders. Regulatory compliance is a key factor that influences cost, quality, and safety of cannabis (marijuana) medicines, as well as the capacity for the manufacturers in the medical cannabis market to be responsive, scalable, and innovative. According to the Medical Marijuana, Inc., an estimated size of the legal marijuana industry in the U.S. was US$ 7.1 billion in 2016 with increase of 25% Y-o-Y. In 2016, 28 states in the U.S. have legalized marijuana for medicinal purpose with some more gearing up for votes on the recreational use of marijuana. California, Nevada, Maine, and Massachusetts states in November 2016, voted to legalize the recreational use of marijuana. The accelerated pace of legalization of cannabis (marijuana) in the U.S. has attracted the attention of global investors in the medical cannabis market. However, lack of formulation of a comprehensive law pertaining to medical marijuana in some states inhibits patient access to the drug. Legalization of medicinal cannabis in various economies is expected to drive the market growth Some of the major factors driving growth of the market include increasing approval of medicinal cannabis products and increasing research and development activities. For instance, in March 2017, a law that allows the use of cannabis plant was signed by the German parliament. This would in turn allow the healthcare professionals to prescribe medicinal cannabis products to the patients suffering from severe health issues such as chronic pain, vomiting, and nausea © Coherent market Insights. All Rights Reserved

3. REPORT DESCRIPTION Medical Cannabis Market Taxonomy: Medical Cannabis Market Taxonomy: By Point of Sale: By Point of Sale: Dispensaries Dispensaries ● ● Online Pharmacy Online Pharmacy ● ● Hospital Pharmacy Hospital Pharmacy ● ● By Active Ingredient: By Active Ingredient: Tetrahydrocannabinol (THC) Tetrahydrocannabinol (THC) ● ● Cannabidiol (CBD) Cannabidiol (CBD) ● ● By Therapeutic Application: By Therapeutic Application: Pain Pain ● ● Arthritis Arthritis ● ● Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/40 Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/40 © Coherent market Insights. All Rights Reserved

4. REPORT DESCRIPTION Medical Cannabis Market: Key Players BOL Pharma* ● Tilray. ● Medreleaf Corporation. ● Aurora Cannabis, Inc. ● Canopy Growth Corporation. ● Insys Therapeutics, Inc. ● Aphria, Inc. ● MGC Pharmaceuticals Limited. ● GW Pharmaceuticals, plc ● Medical Marijuana Inc. ● View this report @ https://www.coherentmarketinsights.com/market-insight/medicinal-cannabis-market-40 © Coherent market Insights. All Rights Reserved

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