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Medical Cannabis Market – A $21.2 Billion Opportunity By 2026

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Sep 24, 2020 (Market Insight Reports) -- The Medical Cannabis Market Research Report 2020 to 2026 presents an in-depth assessment of the Station Medical Cannabis It provides the industry overview with market growth analysis with a historical & futuristic perspective considering the following parameters; cost, revenue, demands, and supply data (as applicable). The bottom-up approach was used to estimate the global market size of Station Medical Cannabis based on end-use applications in the various regions, in terms of USD million. The report covers the historic growth of the market, the impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Medical Cannabis investments from 2020 to 2026.

Top Companies in the Global Medical Cannabis Market
BOL Pharma, Tilray, Inc. /zigman2/quotes/209129655/composite TLRY +5.97% , Medreleaf Corporation, Aurora Cannabis Inc. /zigman2/quotes/210559470/composite ACB 0.00% , Canopy Growth Corporation /zigman2/quotes/200603886/composite CGC +4.16% , Insys Therapeutics, Inc, Aphria, Inc, MGC Pharmaceuticals Limited, GW Pharmaceuticals, plc, Medical Marijuana Inc, among others.

The global Medical Cannabis Market is expected to reach approximately US$ 21.2 Billion by 2026 growing at a CAGR of 25.3% from 2021-2026.

Market Overview: Medicinal cannabis is also known as Medical Marijuana, which is used either to treat disease or to improve their symptoms. The two cannabinoids – delta-9-tetrahydrocannabinol (THC) and Cannabidiol (CBD) are used in the treatment of certain diseases or health conditions such as pain, blood pressure, memory, concentration, appetite, sensory stimulus, muscular problems, and seizures.
The various economies are involved in the activities to legalize the export of medicinal cannabis products, which in turn is expected to fuel the growth of the medical cannabis market.

Get a Sample PDF Copy of the Latest Research on Medical Cannabis Market 2020 Before the purchase
https://www.marketinsightsreports.com/reports/08062205148/global-medical-cannabis-market-insights-and-forecast-to-2026/inquiry?Mode=46&Source=MW

Market Insights: The gradually growing older populace across the globe has played a vast role in using the call for medical cannabis as geriatric sufferers are more likely to expand chronic illnesses and require more physician visits. Medical trials, research, and development (R&D) sports, and commercialization of hashish-based symptoms are further predicted to catalyze the boom of the marketplace. Even though expenditure on health products is less at risk of fluctuations, the uptake of clinical marijuana is vulnerable to modifications in disposable profits due to its unconventional nature. As a result, growing disposable earning are projected to create a nice effect on the call for clinical cannabis.

On the geographical the front, North America (the U.S and Canada) enjoys the leading role inside the marketplace. The recent legalization of cannabis in North the USA for both leisure and medical purposes has been a primary motive force of the marketplace growth. Different key regions consist of Europe (Germany, Italy, France, the Netherlands, and Spain), Asia Pacific, Latin America, and the Middle East and Africa.

The Medical Cannabis market can be divided based on product types and its sub-type, major applications and Third Party usage area, and important regions.

This report segments the global Medical Cannabis Market based on Types are:
Tetrahydrocannabinol (THC)
Cannabidiol (CBD)

Based on Application, the Global Medical Cannabis Market is Segmented into:
Pain
Arthritis
Neurological Disease (Epilepsy, Multiple Sclerosis and Other Neurological Applications)
Others

Regions Are covered By Medical Cannabis Market Report 2020 To 2026.

North America, Europe, China, Japan, Southeast Asia, India.North America (USA, Canada, and Mexico).Europe (Germany, France, UK, Russia, and Italy).Asia-Pacific (China, Japan, Korea, India, and Southeast Asia).

The report has 150 tables and figures browse the report description and TOC https://www.marketinsightsreports.com/reports/08062205148/global-medical-cannabis-market-insights-and-forecast-to-2026?Mode=46&Source=MW

Significant Features that are under Offering and Key Highlights of the Reports:

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

Frequently Asked Questions About Medical Cannabis market:

– What are the recent developments and government policies? – Why might we forecast a downturn in a particular economy next year?
– Why do we say the currency is set to appreciate?
– What countries and sectors offer the highest potential?
– Where are the greatest dangers?

We Also Offer Customization on report based on specific client Requirement – Country Level analysis for any 5 countries of your choice.
– Competitive analysis of any 5 key market players.
– 40 analyst hours to cover any other data point.

All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

ABOUT US

Market Insights Reports is an online market research reports library of 500,000 in-depth studies of over 5000 micro markets. Market Insights Reports offers research studies on agriculture, energy and power, chemicals, environment, medical devices, healthcare, food, and beverages, water, advanced materials, and much more.

Contact Us

Irfan Tamboli – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687 sales@marketinsightsreports.com | irfan@marketinsightsreports.com

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/zigman2/quotes/209129655/composite
US : U.S.: Nasdaq
$ 6.83
+0.39 +5.97%
Volume: 10.96M
Oct. 22, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$819.66 million
Rev. per Employee
$62,689
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/zigman2/quotes/210559470/composite
US : U.S.: NYSE
$ 4.85
0.00 0.00%
Volume: 9.61M
Oct. 22, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$592.35 million
Rev. per Employee
$94,401
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/zigman2/quotes/200603886/composite
US : U.S.: NYSE
$ 20.30
+0.81 +4.16%
Volume: 8.48M
Oct. 22, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$7.25 billion
Rev. per Employee
$115,039
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