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Medical Marijuana Market to Witness Stunning Growth to Generate Massive Revenue during Forecast 2021 – 2027

Jun 11, 2021 12:40 PM ET

Medical Marijuana Market to Witness Stunning Growth to Generate Massive Revenue during Forecast 2021 – 2027

The Global Medical Marijuana Market is studied in detail in the new report on Qualiket Research. The new report studies the Medical Marijuana market by profiling its major driving factors and restraining factors, compiling a comprehensive database on the market’s historical growth trajectory and present conditions, and by using easy formulation of calculations and estimations through the use of industry-leading analytical tools and methods.

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Marijuana is a chemical plant which contains cannabis as a medical property. It is used as raw material by various pharmaceutical companies to manufacture drugs for different therapeutic applications. Marijuana extract is used to treat various diseases including Alzheimer’s disease, Migraine, Arthritis, Chronic Pain, and Others.

Market Drivers

Increase in awareness regarding various medical applications such as appetite enhancement, pain management, and reducing eye pressure is the key driving factor which is expected to boost the global medical marijuana market growth. Furthermore, increase in number of legalizing the use of medical marijuana in various parts across the globe will have the positive impact on market growth. Moreover, rise in mergers and acquisitions in the medical cannabis industry will fuel the market growth.

Market Restraints

However, Medical marijuana is not approved by USFDA (Food and Drug Administration) for the treatment of cancer which is major restraining factor which is expected to hamper the global medical marijuana market growth.

Market Key Players

  • Various key players are discussed in this report such as
  • GW Pharmaceuticals PLC,
  • The Peace Naturals Project,
  • Insys Therapeutics, Inc.,
  • Cannabis Sativa, INC.,
  • Green Relief Inc.,
  • Medical Marijuana, Inc.,
  • Aurora Cannabis Inc,
  • Aphria Incorporation,
  • MedReleaf Corporation,and
  • Canopy Growth Corporation.

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Market Taxonomy

By Route of Administration

  • Oral
  • Inhalation
  • Topical

By Application

  • Alzheimer’s disease
  • Migraine
  • Arthritis
  • Chronic Pain
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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Global Medical Marijuana Market TOC

1 Introduction

1.1 Objective of the Study

1.2 Market definition

1.3 Market Scope

2 Research Methodology

2.1 Data Mining

2.2 Validation

2.3 Primary Interviews

2.4 List of Data Sources

3 Executive Summary

4 Global Medical Marijuana Market Outlook

4.1 Overview

4.2 Market Dynamics

4.2.1 Drivers

4.2.2 Restraints

4.2.3 Opportunities

4.3 Porters Five Force Model

4.4 Value Chain Analysis

5 Global Medical Marijuana Market, By Route of Administration

5.1 Y-o-Y Growth Comparison, By Route of Administration

5.2 Global Medical Marijuana Market Share Analysis, By Route of Administration

5.3 Global Medical Marijuana Market Size and Forecast, By Route of Administration

5.3.1 Oral

5.3.2 Inhalation

5.3.3 Topical

6 Global Medical Marijuana Market, By Application

6.1 Y-o-Y Growth Comparison, By Application

6.2 Global Medical Marijuana Market Share Analysis, By Application

6.3 Global Medical Marijuana Market Size and Forecast, By Application

6.3.1 Alzheimer’s Diseases

6.3.2 Migraine

6.3.3Arthritis

6.3.4Chronic Pain

6.3.5 Others

7 Global Medical Marijuana Market, By Region

Continue…

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About Us:-

QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.