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Medical Marijuana Market
DUBLIN, Oct. 24, 2022 (GLOBE NEWSWIRE) — The report “Medical Marijuana Market Forecast to 2028: COVID-19 Impact and Global Analysis Through Product, Application, Distribution Channel, and Geography” was added to ResearchAndMarkets. com The medical marijuana market was priced at US$11,706. 50 million in 2021 and is expected to reach a price of US$40,027. 59 million until 2028; it is estimated to grow at a CAGR of 19. 2% between 2022 and 2028.
The report highlights prevailing market trends and driving points for the medical marijuana market. The expansion of the marketplaceplace is attributed to the accumulation of approvals of medical marijuana products and the growing acceptance of the medical use of marijuana. However, the illegal use of hashish as a street drug and misconceptions related to marijuana are restricting the expansion of the market. Medical marijuana is in its introduction phase in the medical fitness industry. It is a resistant product accepted globally, where Chinese medicines are already made from these plants, and also has a long history associated with it. Medical marijuana continues to be a significant influence in the fitness industry to treat cases that are not fully treated with classic medications. Medical marijuana is just a typical marijuana plant that is processed to release the basic composition of cannabinoids, which is mandatory to synthesize the product for use. North American countries have legalized the use and cultivation of medicinal hashish. For example, in 2012, Uruguay became the first country in the world to legalize the recreational use of hashish. Likewise, in 2014 Brazil legalized the use of medicinal hashish and in 2016 approved the importation of medicines with CBD oil and THC products and marijuana flowers.
In 2017, Peru passed a law regulating the medical and curative use of hashish and its derivatives. In 2018, the Government of Canada passed the Cannabis Act, which created a strict legal framework for the production, distribution, sale and ownership of hashish across Canada. In the United States, as of February 2022, marijuana has been legalized in 37 states and the District of Columbia. In recent years, Mexico, Luxembourg and Lesotho, among others, have joined the list of countries to legalize the use of marijuana for medical purposes. However, despite the widespread legalization of the use of hashish, its legal cultivation and production in the past was basically limited to emerging countries. In September 2019, Jamaica’s Ministry of Commerce, Agriculture and Fisheries announced a partnership with Harvard International Phytomedicines and Medical Cannabis Institute (HIPI) to conduct studies on the pharmacological benefits of marijuana. At the same time, Jamaica intends to capitalize on this partnership. ip and take this opportunity to expand and expand its domestic marijuana industry.
In addition, the World Health Organization (WHO) states that about 80% of the world’s population uses marijuana or hashish for medical purposes. Therefore, expanding the acceptance, cultivation and production of medical marijuana in emerging countries contributes to the expansion of the medical marijuana market.
Main topics covered: 1. Introduction2. Medical marijuana market: main conclusions3. Research methodology4. Global Medical Marijuana Market – Market Landscape 4. 1 Overview 4. 2 PEST Analysis 4. 2. 1 North America – PEST Analysis 4. 2. 2 Europe – PEST Analysis 4. 2. 3 Asia Pacific – PEST Analysis 4. 2. 4 Middle East and Africa – PEST Analysis 4. 2 . 5 South and Central America – PEST Analysis4. 3 Expert Opinion5. Medical Marijuana Market – Key Market Dynamics 5. 1 Market Drivers 5. 1. 1 Growing Approvals of Medical Marijuana Products 5. 1. 2 Growing Acceptance of Medical Marijuana Use in the United States 5. 2 Market Restrictions 5. 2. 1 Illegal Use of Cannabis as a Street Drug and Misconceptions about Marijuana Medical Marijuana Market – Global Analysis 6. 1 Forecast and Revenue Analysis of the Global Medical Marijuana Market 6. 1. 1 Global Medical Marijuana Market, by Geography – Forecast and Analysis 6. 1. 2 Global Medical Marijuana Market – Market of market potential analysis, by region 6. 2 Company analysis 6. 2. 1 Market positioning of key players 6 . 3 Company benchmarking 6. 4 Growth strategy analysis 6. 5 Performance of key players 6. 5. 1 Aphria, Inc. 6. 5. 2 Canopy Growth Corporation7. 7. 1 Medical Marijuana Market Revenue and Forecast to 2028 – By Product 7. 1 Overview 7. 2 Medical Marijuana Market Revenue Share, by Product (2021 and 2028) 2028 (Million US Dollars) 7. 4 Form Extract: Market Medical Marijuana Market: Revenue and Forecast to 2028 (Millions of US Dollars) 8. Medical Marijuana Market Analysis: By Application 8. 1 Overview 8. 2 Medical Marijuana Market Revenue Share, by Application (2021 and 2028) 8. 3 8. 3. 1 Pain Management Overview 8. 3. 2 Pain Management Market – 8. 4 Tourette’s Medical Marijuana – Revenue & Forecast to 2028 (US$ Million) 8. 4. 1 Overview 8. 4. 2 Tourette’s Medical Marijuana Market Tourette – 2028 Revenue and Forecast (Millions of US Dollars) 8. 5 Alzheimer’s Disease 8. 5. 1 Overview 8. 5. 2 Alzheimer’s Disease: Merca Medical Marijuana Sales – Revenue and Forecast to 2028 (Million USD) 8. 6 Migraines8. 6. 1 Summary 8. 6. 2 Migraines: Medical Marijuana Market Medical Marijuana – Revenue and Forecast to 2028 (Millions of US Dollars) 8. 7 Depression and Anxiety 8. 7. 1 Summary 8. 7. 2 Depression and Anxiety: Medical Marijuana Market – Revenue and Forecast to 2028 (in millions of US dollars) 8. 8 Multiple Sclerosis Questions 8. 8. 1 Overview 8. 8. 2 Multiple Sclerosis: Medical Marijuana Market – Revenue and Forecast to 2028 (millions of dollars) 8. 9 Cancer 8. 9. 1 Overview 8. 9. 2 Cancer: Medical Marijuana Market – EU Business Revenue and Forecast to 2028 (Million US Dollars) 8. 10 Other 8. 10. 1 Overview 8. 10. 2 Other: Medical Marijuana Market – Revenue and Forecast to 2028 (Million US Dollar) 9 Marijuana Market Parent Medical – by Distribution Channel 9. 1 Overview 9. 2 Medical Marijuana Market, by Distribution Channel (2021 and 2028) 9. 3 Retail Pharmacy 9. 3. 1 Overview 9. 3. 2 Retail Pharmacy – Medical Marijuana Market – Figures Revenue & Forecast to 2028 (Million US Dollars) 9. 4 E-Commerce 9. 4. 1 Overview 9. 4. 2 E-Commerce – Medical Marijuana Market: Revenue and Forecast to 2028 (Million US Dollars) 9. 5 Other 9. 5. 1 Overview 9. 5. 2 Other: Medical Marijuana Market: Revenue and Forecast to 2028 (Million US Dollar) 10. Medical Marijuana Market Revenue and Forecast to 2028: geographic analysis
11. Impact of the COVID-19 pandemic on the medical marijuana market 11. 1 North America: Assessment of the impact of the COVID-19 pandemic 11. 2 Europe: Assessment of the impact of the COVID-19 pandemic 1. 3 Asia-Pacific: Assessment of the impact of the COVID-19 pandemic 1. 4 Middle East Africa and Africa: Assessment of the impact of the COVID-19 pandemic 1. 5 South and Central America: Assessment of the impact of the COVID-19 pandemic COVID-1912. 12. 1 Medical Marijuana Market: Industry Overview 12. 2 Medical Marijuana Market Growth Strategies (%) 12. 3 Organic Developments 12. 3. 1 Overview 12. 4 Inorganic Developments 12. 4. 1 Overview 13. Company Profiles 13. 1 VIVO Cannabis Inc13. 1. 1 Key facts 13. 1. 2 Business description 13. 1. 3 Products and services 13. 1. 4 Financial summary 13. 1. 5 SWOT analysis 13. 1. 6 Key developments 13. 2 Panaxia Pharmaceutical Industries Ltd. 13. 2. 1 Key facts 13. 2. 2 Business description 13. 2. 3 Products and Services 13. 2. 4 Financial Summary 13. 2. 5 SWOT Analysis 13. 2. 6 Key Developments 13. 3 Phoena Holdings Inc. 13. 3. 1 Key Data 13. 3. 2 Business Description 13. 3. 3 Products and Services 13. 3. 4 Financial Summary 13. 3. 5 SWOT Analysis 13. 3. 6 Key Developments 13 Array4 Emerald Health Therapeutics Inc. 13. 4. 1 Key Data 13. 4. 2 Business Description 13. 4. 3 Products and Services 13. 4. 4 Financial Summary 13. 4. 5 SWOT Analysis 13. 4. 6 Developments c Key 13. 5 MARICANN IN C. 13. 5. 1 Key Facts 13. 5. 2 Business Description 13. 5. 3 Products and Services 13. 5. 4 End Financial Summary 13. 5. 5 SWOT Analysis 13. 5. 6 Key Developments 13. 6 Aphria, Inc. 13. 6. 1 Key Data 13. 6. 2 Business Description 13. 6. 3 Products and Services 13. 6. 4 Financial Summary 13. 6. 5 SWOT Analysis 13. 6. 6 Key Developments 13. 7 Canopy Growth Corporation 13. 7. 1 Key Facts 13. 7. 2 Business Description 13. 7. 3 Products and Services 13. 7. 4 Financial Summary 13. 7 . 5 SWOT Analysis 13. 7. 6 Key Developments 13. CanaQuest Medical Corporation13. . 1 Key Data13. . 2 Commercial Description13. . 3 Products and Services13. Array4 Financial Summary13. . 5 SWOT Analysis13. . 6 Key Developments13. 9 GW Pharmaceuticals13. 9. 1 Key facts13. 9. 2 Business description13. 9. 3 Products and services13 . 9. 4 Financial summary 13. 9. 5 SWOT analysis 13. 9. 6 Key developments 13. 10 Organigram Holdings Inc. 13. 10Array1 Key facts 13. 10. 2 Business description 13. 10. 3 Products and services 13. 10. 4 Re financial summary 13. 10. 5 SWOT analysis 13. 10. 6 Key developments 14. annex
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Medical Marijuana Market