Medical Cannabis Market Size Was Valued at USD 13119.89 Million in 2023, and is Projected to Reach USD 91065.89 Million by 2032, Growing at a CAGR of 24.02% From 2024-2032.

Medical hashish refers to the use of the hashish plant or its derivatives, including cannabinoids, for healing purposes to deal with or alleviate signs and symptoms of diverse clinical situations. It contains lively compounds like tetrahydrocannabinol (THC) and cannabidiol (CBD), which engage with the body's endocannabinoid machine to provide consequences inclusive of ache comfort, reduced irritation, and improved appetite. Medical hashish is prescribed by means of healthcare specialists and is available in numerous forms, together with oils, pills, tinctures, edibles, and vaporized products. It is used to manipulate conditions together with persistent ache, epilepsy, a couple of sclerosis, chemotherapy-induced nausea, and symptoms of HIV/AIDS.

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Key Players in This Report Include:

Green Thumb Industries (GTI) (USA), Trulieve Cannabis Corp. (USA), Curaleaf Holdings, Inc. (USA), Cresco Labs (USA), Harvest Health & Recreation Inc. (USA), Acreage Holdings, Inc. (USA), Innovative Industrial Properties, Inc. (USA), HEXO Corp. (Canada), Organigram Holdings Inc. (Canada), MedReleaf Corp. (Canada), The Green Organic Dutchman Holdings Ltd. (TGOD) (Canada), TerrAscend Corp. (Canada), Valens GroWorks Corp. (Canada), Village Farms International, Inc. (Canada), VIVO Cannabis Inc. (Canada), iAnthus Capital Holdings, Inc. (USA).

Medical Cannabis Market Trends Analysis:

-Growing awareness of the therapeutic benefits: of cannabis for conditions like chronic pain, epilepsy, and multiple sclerosis.

-Increasing investment from pharmaceutical and biotechnology companies: in cannabis-based drug development.

Opportunities:

-Development of innovative cannabis-based pharmaceuticals: with standardized dosages and formulations.

-Collaborations between cannabis companies and research institutions: to explore new medical applications and improve product efficacy.  

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The Medical Cannabis Market segments are illuminated below:

By Product Type

·         Flowers/Buds

·         Concentrates

·         Edibles

·         Topicals

·         Tinctures

·         Capsules

By Species

·         Cannabis Indica

·         Cannabis Sativa

·         Hybrid

By Derivatives

·         Cannabidiol (CBD)

·         Tetrahydrocannabinol (THC)

·         Cannabinol (CBN)

·         Cannabicyclol (CBL)

·         Cannabichromene (CBC)

·         Cannabigerol (CBG)

By Source

·         Natural

·         Synthetic

By Application

·         Cancer

·         Chronic Pain

·         Arthritis

·         Neurological Disorders

·         Skin Conditions

·         Others {Anxiety and Stress, Sleep Aids, Migraines}

By End-User

·         Pharmaceutical Industry

·         Research and Development Centres

·         Homecare Setting

·         Hospitals and Clinics

·         Retail Pharmacies

·         Government and Regulatory Bodies

By Regional Analysis:

Geographically, the distinctive analysis of consumption, revenue, market share, and growth rate of the subsequent areas:

·         North America (U.S., Canada, Mexico)

·         Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

·         Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

·         Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

·         South America (Brazil, Argentina, Rest of SA)

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Why Invest in this Report?

➠Leverage Data for Strategic Decision-Making

➠Craft Expansion Strategies for Diverse Markets

➠Conduct Comprehensive Competitor Analysis

➠Gain Insight into Competitors' Financial Metrics

➠Benchmark Against Key Competitors

➠Formulate Region-Specific Growth Strategies

Key questions answered

• How feasible is Medical Cannabis market for long-term investment?
• What are influencing factors driving the demand for Medical Cannabis near future?
• What is the impact analysis of various factors in the Medical Cannabis market growth?
• What are the recent trends in the regional market and how successful they are?

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Strategic Points Covered in Table of Content of Medical Cannabis Market:

Chapter One: Introduction
Chapter Two: Executive Summary
Chapter Three: Medical Cannabis Market Landscape
Chapter Four: Medical Cannabis Market by Type
Chapter Five: Medical Cannabis Market by Application
Chapter Six: Company Profiles and Competitive Analysis
Chapter Seven: Global Medical Cannabis Market by Region
Chapter Eight: Analyst Viewpoint and Conclusion
Chapter Nine: Research Methodology

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