Medical Cannabis Market is expected to have the highest growth rate during the forecast period 2026

Medical Cannabis Market report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Sustained Release Medical Cannabis Market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares split, and breakdowns have been determined using secondary sources and verified primary sources.

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Market Dynamic:

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.

Market Taxonomy:

  • Global Medical Cannabis Market, By Point of Sale:
  • Dispensaries
  • Online Pharmacy
  • Hospital Pharmacy
  • Global Medical Cannabis Market, By Active Ingredient:
  • Tetrahydrocannabinol (THC)
  • Cannabidiol (CBD)

Medical Cannabis Market Report provides the main region, market conditions with the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. This report also Present new project SWOT analysisinvestment feasibility analysis, and investment return analysis.

Key Players:

The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the Medical Cannabis Market. The key players covered in this report:

BOL Pharma, Tilray, Medreleaf Corporation, Aurora Cannabis, Inc., Canopy Growth Corporation, Insys Therapeutics, Inc., Aphria, Inc., MGC Pharmaceuticals Limited, GW Pharmaceuticals, Plc, And Medical Marijuana Inc.

Regional Analysis :

In Middle East, among other GCC economies, only Israel has approved the medical cannabis product. Furthermore, in Africa region, Lesotho and Malawi (South Africa) government has granted the license for medicinal marijuana in 2017. For instance, In June 2017, Verve Dynamics, a Cape Town-based alternative medicines company received license from the Government of Lesotho to cultivate the cannabidiol (CBD) medicinal cannabis. Verve Dynamics intends to cultivate and produce medicinal cannabis products and export these product in South Africa.

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Questions Answered in Medical Cannabis Market Report Covered:

  • How Medical Cannabis Market will grow in the future?
  • What is the threat of new entrants, substitute products and services, competitive rivalry?
  • What is the product type that is expected to dominate the Medical Cannabis Market?
  • Which regions are projected to witness the fastest progress during the forecast period?
  • What are the new developments, market shares and policies employed by the major market players?
  • What is the Medical Cannabis Market share of major players in the past Six to Eight years?
  • What are product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Medical Cannabis Market Players?

Major Points Covered in TOC of Medical Cannabis Market:

Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Medical Cannabis Market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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