Global Medical Marijuana Market – Industry Trends & Updates (2016-2022) – Research and Markets

DUBLIN–(BUSINESS WIRE)–The “Global
Medical Marijuana Market – by Medical Indications, Mode of
Administration, Region – Market Size, Demand Forecasts, Industry Trends
and Updates (2016-2022)”
report has been added to Research
and Markets’
offering.

The global medical marijuana market in 2016 was USD 12.67 billion and
will reach USD 33.41 billion by 2022 at a CAGR of 17.53% during the
forecasted period.

Medical Marijuana refers to using the whole, unprocessed marijuana plant
or its basic extracts to treat symptoms of illness and other conditions.
Scientific study of the chemicals in marijuana, called cannabinoids, has
led to two FDA-approved medications that contain cannabinoid chemicals
in pill form. The two main cannabinoids from the marijuana plant are THC
and CBD, which are used as medications for increasing appetite, reduce
nausea, decreasing pain, inflammation (swelling and redness), and muscle
control problems.

The global medical marijuana market is mainly driven by the use of
marijuana in treatment of various diseases and government support for
legalizing it for medical purposes. The growing prevalence of cancer and
increasing interest amongst researchers regarding the use of medical
marijuana in cancer treatment are some of the factors responsible for
driving the medical cannabis market over the coming years. On the other
hand, regulations related to marijuana usage in the countries are
restraining the growth of the market.

Companies Mentioned

  • ABcann Medicinals Inc.
  • Abattis Bioceuticals Corp.
  • Agripharm Corp.
  • Aphios Corporation
  • Aurora Cannabis Enterprises Inc.
  • Broken Coast Cannabis Ltd.
  • CannaGrow Holdings, Inc.
  • Cannabis Sativa, Inc.
  • Cara Therapeutics, Inc
  • Cresco Labs, LLC
  • Emerald Health Botanicals Inc.
  • GW Pharmaceutical, PLC.
  • GreenGro Technologies, Inc.
  • Growblox Sciences, Inc.
  • International Consolidated Companies, Inc.
  • Lexaria Biosciences Corp.
  • Medical Marijuana Inc.,
  • RedeCan Pharm
  • Tweed Inc.
  • United Cannabis Corporation
  • Whistler Medical Marijuana Corp

Key Topics Covered:

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Global Medical Marijuana market Segmentation, Forecasts and Trends –
by Revenue

6. By Medical Indications

7. By Mode of Administration

8. By Region

9. Vendor Market Share Analysis

10. Company Profiles

11. Industry Structure

12. Global Medical Marijuana market – Road Ahead

For more information about this report visit https://www.researchandmarkets.com/research/3kcjml/global_medical

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Related
Topics: Analgesics