Medical Cannabis Market is growing at a high CAGR by 2027 | Peace Naturals Project, BOL Pharma, Cresco Labs, Insys Therapeutics, Aphria Medical Cannabis – NewsMaker

Medicinal cannabis is also called as medical marijuana used to treat disease or improve their symptoms. The two cannabinoids – delta-9-tetrahydrocannabinol (THC) and Cannabidiol (CBD) are used to treat certain diseases or health conditions and applications such as pain management, blood pressure, memory, concentration, appetite, sensory stimulus, muscular problems, and seizures. Several countries worldwide are involved in the legalization of the export of medicinal cannabis products, which is expected to fuel the growth of the medical cannabis market.

The medical cannabis market is segmented on the basis of species, active ingredient, route of administration, application. Based on species, the market is segmented as cannabis indica, cannabis sativa, hybrid. Based on active ingredient, the market is segmented as cannabidiol (CBD), tetrahydrocannabinol (THC), others. Based on route of administration, the market is segmented as oral solutions, capsules, smoking, vaporizers, topicals, others. Based on application, the market is segmented as pharmaceutical industry, research and development centers, others.

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Some of the Major Market Players Are:

  • Canopy Growth Corporation
  • GW Pharmaceuticals plc.
  • Aurora Cannabis
  • Aphria Medical Cannabis
  • MedReleaf Corp
  • Peace Naturals Project Inc.
  • Medical Marijuana, Inc.
  • BOL Pharma
  • Cresco Labs
  • Insys Therapeutics

Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Medical Cannabis Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2027, factoring the impact of Covid -19 Situation.

The researchers have analysed the competitive advantages of those involved in the industries or in the In Medical Cannabis industry. While historical years were taken as 2020 – 2027, the base year for the study was 2020. Similarly, the report has given its projection for the year 2020 apart from the outlook for years 2020 – 2027.

The objective of the researchers is to find out the sales, value, and status of the In Medical Cannabis industry at the international levels. While the status covers the years of 2020 – 2027, the forecast is for the period 2020 – 2027 that will enable market players to not only plan but also execute strategies based on the market needs.

The study wanted to focus on key manufacturers, competitive landscape, and SWOT analysis for the In Medical Cannabis Market. Apart from looking into the geographical regions, the report concentrated on key trends and segments that are either driving or preventing the growth of the industry. Researchers have also focused on individual growth trends besides their contribution to the overall market.

An outline of the regional analysis:

  • Geographically, the report segments the In Medical Cannabis market into North America, Europe, Asia-Pacific, Southeast Asia, Middle East and Africa, South America.
  • Contribution of each region to the overall market share, along with their growth rate forecast are mentioned in the report.
  • Total sales and revenue generated by each regional market are illustrated.
  • Comprehensive assessment of all opportunities and risks in the In Medical Cannabis market.

Table of Contents – Major Key Points

Section 1 Medical Cannabis Definition

Section 2 Global Medical Cannabis Market Major Player Share and Market Overview

Section 3 Major Player Medical Cannabis Business Introduction

Section 4 Global Medical Cannabis Market Segmentation (Region Level)

Section 5 Global Medical Cannabis Market Segmentation (Type Level)

Section 6 Global Medical Cannabis Market Segmentation (Industry Level)

Section 7 Global Medical Cannabis Market Segmentation (Channel Level)

Section 8 Medical Cannabis Market Forecast 2020-2025

Section 9 Medical Cannabis Segmentation Type

Section 10 Medical Cannabis Segmentation Industry

Continued..

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Source: https://www.newsmaker.com.au/news/381524/medical-cannabis-market-is-growing-at-a-high-cagr-by-2027-peace-naturals-project-bol-pharma-cresco-labs-insys-therapeutics-aphria-medical-cannabis

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