Medical Marijuana Market Size and Share By Industry Demand, Investment Opportunities and Revenue Expectation till 2028

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Global Medical Marijuana Market Size research report 2021 offers in-depth assessment of revenue growth, market definition, segmentation, industry potential, influential trends for understanding the future outlook and current prospects for the market.

This study provides information about the sales and revenue during the historic and forecasted period of (2021 to 2028). Understanding the segments helps in identifying the importance of different factors that aid market growth. Estimations about the CAGR value for specific forecast period, market drivers, market restraints, and competitive strategies are assessed in this Medical Marijuana Market report.

The global medical marijuana market size was USD 6,338.1 million in 2018 and is projected to reach USD 26,920.4 million by 2026, exhibiting a CAGR of 20.4% during the forecast period.

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Important Features that are under Offering and Key Highlights of the Market Report:

  • Detailed overview of the global market share
  • Changing market dynamics of the industry
  • In-depth market segmentation by Type, Application, etc.
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape of Medical Marijuana Market
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising market growth

Drivers & Restraints

The rising demand for the legalization of medical cannabis across several states in the U.S. has strongly supported the growth of the legal market during the forecast period. Initially, the use of cannabis was prohibited as it was included in the Marijuana Tax Act of 1937 which effectively banned its usage and sales.

Key players covered in the global Medical Marijuana Market research report:

  • Canopy Growth Corporation
  • Aurora Cannabis
  • Aphria Inc.
  • CannTrust Holdings
  • GW Pharmaceuticals
  • MedReleaf Corp
  • ABcann Medicinals, Inc.
  • Emerald Health Therapeutics
  • Green Relief Inc.
  • The Cronos Group
  • Medical Marijuana, Inc.
  • Others

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An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Major Table of Contents for Medical Marijuana Market Research Report:

  • Introduction
  • Executive Summary
  • Market Dynamics
  • Key Market Growth Insights
  • Global Market Analysis, Insights and Forecast, 2017-2028
  • North America Market Analysis, Insights and Forecast, 2017-2028
  • Europe Market Analysis, Insights and Forecast, 2017-2028
  • Asia Pacific Market Analysis, Insights and Forecast, 2017-2028
  • The Middle East and Africa Market Analysis, Insights and Forecast, 2017-2028
  • Latin America Market Analysis, Insights and Forecast, 2017-2028
  • Competitive Landscape
  • Global Medical Marijuana Market Revenue Growth, Industry Share Analysis, By Key Players, 2021
  • Company Profiles
  • Conclusion

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