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Medicinal Cannabis Market - Global Industry Insights, and Opportunity Analysis 2024

Medicinal Cannabis Market report categorizes the Global report by product, and geography. It provides information about Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016-2024

Medicinal Cannabis Market report categorizes the Global report by product, and geography. It provides information about Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016-2024

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<strong>Global</strong> <strong>Medicinal</strong> <strong>Cannabis</strong> <strong>Market</strong> -<br />

GLOBAL INDUSTRY INSIGHTS, TRENDS,<br />

OUTLOOK, AND OPPORTUNITY ANALYSIS, 2016-<br />

<strong>2024</strong><br />

© Coherent market <strong>Insights</strong>. All Rights Reserved


REPORT DESCRIPTION<br />

<strong>Global</strong> <strong>Medicinal</strong> <strong>Cannabis</strong> <strong>Market</strong> – Overview<br />

<strong>Medicinal</strong> cannabis, also known as medicinal marijuana, is used either to treat disease or improve symptoms.<br />

<strong>Cannabis</strong> has been considered to be a major source of drug addiction. Extract from the dried flower bud part of<br />

the plant called as Marijuana has certain medicinal properties. The two cannabinoids - delta-9-<br />

tetrahydrocannabinol (THC) <strong>and</strong> cannabidiol (CBD) are being used in treatment of certain disease or health<br />

conditions such as pain, blood pressure, memory, concentration, appetite, sensory stimulus, muscular problems,<br />

<strong>and</strong> seizures.<br />

<strong>Medicinal</strong> <strong>Cannabis</strong> <strong>Market</strong> Dynamics<br />

However, the debate still continues regarding the approval, safety <strong>and</strong> usage of cannabis (marijuana) for<br />

medicinal purpose, due to differences in the laws pertaining to this smoked drug. Hence, studies are conducted<br />

extensively to establish the safety aspect of this drug. Various states in the U.S. have already legalized cannabis<br />

(marijuana) for medicinal purposes. Scientific research of chemicals in the cannabis plant for its potential<br />

medicinal use has led to a shift in its dem<strong>and</strong> purpose. Regulatory clearance has played a major role in the growth<br />

of medicinal cannabis market.<br />

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REPORT DESCRIPTION<br />

<strong>Global</strong> <strong>Medicinal</strong> <strong>Cannabis</strong> <strong>Market</strong>:<br />

Other names of <strong>Cannabis</strong>:<br />

●<br />

Grass<br />

●<br />

Pot<br />

●<br />

Dope<br />

●<br />

Mary Jane<br />

●<br />

Hooch<br />

●<br />

Weed<br />

●<br />

Hash<br />

●<br />

Joints<br />

●<br />

Brew<br />

●<br />

Smoke<br />

Request report sample for more professional <strong>and</strong> technical insights:<br />

https://www.coherentmarketinsights.com/insight/request-sample/40<br />

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REPORT DESCRIPTION<br />

<strong>Global</strong> <strong>Medicinal</strong> <strong>Cannabis</strong> <strong>Market</strong>:<br />

<strong>Medicinal</strong> <strong>Cannabis</strong> <strong>Market</strong> Future Outlook<br />

Potential medicinal cannabis markets other than the U.S., include Canada, Israel, Australia, <strong>and</strong> Spain. Mexico is<br />

also in process to consider the legalization of cannabis. Other countries are expected to consider legalization of<br />

the drug, once conclusive evidence regarding the safety <strong>and</strong> efficacy of cannabis are obtained through extensive<br />

research. According to Arcview Group—a cannabis industry investment <strong>and</strong> research firm—around 200 investors<br />

met companies to capitalize on lucrative opportunities from commercialization of medicinal cannabis. This implies<br />

that there is a huge potential in the medicinal cannabis industry <strong>and</strong> pharmaceutical <strong>and</strong> biotechnology<br />

companies need to focus on increasing awareness about the drug emerging economies.<br />

Click here to know more about this report:<br />

https://www.coherentmarketinsights.com/ongoing-insight/medicinal-cannabis-market-40<br />

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