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Medical Cannabis Market to Witness 23.9 % of CAGR by 2028 – The Insight Partners

<br>Market Overview:<br>According to a new market research study titled u201cMedical Cannabis Market Forecast to 2028 u2013 COVID-19 Impact and Global Analysis u2013 by Product Type, Medical Application, and Compound,u201d the market is expected to reach US$ 49,116.4 million by 2028 from US$ 8,926.6 million in 2020. It is estimated to grow at a CAGR of 23.9% from 2021 to 2028. The report highlights the trends prevalent in the market and the factors driving the market along with those that act as restraints to its growth. Increasing number of approvals for medical cannabis products, rising acceptance for medicinal u

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Medical Cannabis Market to Witness 23.9 % of CAGR by 2028 – The Insight Partners

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  1. Medical Cannabis Market Global Analysis and Forecast to 2028 Email: sales@theinsightpartners.com

  2. Email: sales@theinsightpartners.com Report Studies  Medical Cannabis Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Flowers, Concentrates, Tablets, Cannabis Oil and Topical Ointments, Capsules, and Beverages and Edibles), Medical Application (Pain Management, Neurological Health Management, Mental Health Management, and Others), and Compound (Tetrahydrocannabinol (THC)-Dominant, Cannabidiol (CBD)-Dominant, and Balanced THC and CBD), and Geography 2

  3. Email: sales@theinsightpartners.com Medical CannabisMarket Overview  The medical cannabis market was valued at US$ 8,926.6 million in 2020, and it is projected to reach US$ 49,116.4 million by 2028; it is expected to grow at a CAGR of 23.9% from 2021 to 2028.  Increasing number of approvals for medical cannabis products, rising acceptance for medicinal use of cannabis in developing countries, growing research on medicinal use of cannabis, and escalating government funding for spreading awareness and exploring medicinal benefits of cannabis are likely to drive the market. However, the illegal use of cannabis as a street drug and misconceptions regarding cannabis is a key factor restraining the market growth. 3

  4. Email: sales@theinsightpartners.com Key Segment Market Segment :-  By Product Type (Flowers, Concentrates, Tablets, Cannabis Oil and Topical Ointments, Capsules, and Beverages and Edibles)  Medical Application (Pain Management, Neurological Health Management, Mental Health Management, and Others),  Compound (Tetrahydrocannabinol (THC)-Dominant, Cannabidiol (CBD)-Dominant, and Balanced THC and CBD), and Geography 4

  5. Email: sales@theinsightpartners.com $50,000 Medical Cannabis Market Value $40,000 $30,000 CAGR of 23.9% $20,000 (2020-2027) $10,000 $0 20XX 20XX 20XX 20XX 20XX Download Sample 5

  6. Email: sales@theinsightpartners.com Company Profiles  Aphria, Inc.  Aurora Cannabis  Cannabis Science, Inc.  Canopy Growth Corporation  Medical Marijuana, Inc.,  VIVO Cannabis Inc.  Tikun Olam Ltd  Tilray  Cronos Group 6 Download Sample Here

  7. Email: sales@theinsightpartners.com By Geography  North America (the US, Canada, and Mexico)  Europe (the UK, Germany, France, Italy, Spain, and the Rest of Europe)  Asia Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific)  Middle East & Africa (the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa)  South & Central America (Brazil, Argentina, and the Rest of South & Central America). 7

  8. THANK YOU! Phone : +1-646-491-9876 E-Mail : sales@theinsightpartners.com

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