openPR Logo
Press release

Medical Marijuana Market determined to grow faster during 2017-2023

09-19-2018 08:58 PM CET | Health & Medicine

Press release from: Allied Market Research

Medical Marijuana Market determined to grow faster during

Marijuana refers to the dried leaves, flowers, stems, and seeds from the hemp plantCannabis sativa. There are 2 main active chemicals in Marijuanacannabidiol (CBD) and tetrahydocannabinol (THC), which impact the brain and relieve the pain, respectively. Marijuana provides pain relief in conditions such as fibromyalgia, grand mal seizures, and other medical conditions. Similarly, it reduces symptoms of many serious medical conditions such as AIDS, cancer, and glaucoma.

Get Free Access to Sample Report @ https://www.alliedmarketresearch.com/request-toc-and-sample/2957

The increase in prevalence of diseases and growth in demand for relieving pain in conditions such as cancer, AIDS, seizures, and other diseases majorly drive the medical marijuana market. In 2016, countries such as Colombia, Macedonia, Israel, Germany, Australia, and others allowed the medical use of marijuana.

Thus, rise in number of countries legalizing the use of medical marijuana is anticipated to fuel the growth of the market during the forecast period. Furthermore, the stringent rules and regulations associated with the medical marijuana such as Medical Marijuana Regulation and Safety Act and increase in number of license issued every year stipulates demand of Marijuana in market.

Moreover, growth in investment in R&D and increase in business strategies by companies of marijuana is expected to impel the market growth. For instance, in 2016, Gibraltar Industries acquired Nexus Corporation strengthening its position as greenhouse manufacturer and distributor. However, complex regulatory framework to obtain license majorly hinders the medical marijuana market.

Get Full Customized Report @ https://www.alliedmarketresearch.com/request-for-customization/2957

The market is segmented on the basis of medical application and geography. By medical applications, the market is categorized into chronic pain, migraine, cancer, arthritis, and others. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits

• The study provides an in-depth analysis of the global medical marijuana market, with current trends and future estimations to elucidate the investment pockets.
• Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
• The report provides a quantitative analysis to help the stakeholders to capitalize on prevailing market opportunities.
• Extensive analysis of different segments facilitates to understand various products of the market.
• Key players are profiled and their strategies are analyzed thoroughly, which predict the competitive outlook of the market.
Medical Marijuana Market Key Segments:

By Medical Application

• Chronic Pain
• Migraine
• Cancer
• Arthritis
• Others

By Geography

• North America

o U.S.
o Canada
o Mexico

• Europe

o Germany
o Spain
o Italy
o Netherlands
o Russia
o Switzerland
o Rest of Europe

• Asia Pacific

o India
o Australia
o Rest of Asia Pacific

• LAMEA

o South Africa
o Chile
o Columbia
o Israel
o Turkey
o Rest of LAMEA

List of players profiled in the report

• Cara Therapeutics Inc.
• Canopy Growth
• Insys Therapeutics
• CannaGrow Holdings, Inc.
• Cannabis Sativa, Inc.
• Arena Pharmaceuticals
• Aphria
• GW Pharmaceuticals, plc
• Lexaria Corp
• International Consolidated Companies, Inc.

About us

Allied Market Research, a market research and advisory company of Allied Analytics LLP,
provides business insights and market research reports to large as well as small &
medium enterprises. The company assists its clients to strategize business policies and
achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection
to investment advice. The analysts at Allied Market Research dig out factors that help
clients to understand the significance and impact of market dynamics. The company
amplies client’s insight on the factors, such as strategies, future estimations, growth
or fall forecasting, opportunity analysis, and consumer surveys among others. As
follows, the company offers consistent business intelligent support to aid the clients
to turn into prominent business firm.

Contact:

Shriram Dighe
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Medical Marijuana Market determined to grow faster during 2017-2023 here

News-ID: 1249898 • Views: 374

More Releases from Allied Market Research

Overview Membrane Technology for Food and Beverage Processing Market Size, Share …
Membranes are natural or manufactured substances used for separation. They commonly serve the purpose of filter pads. Membranes, which are semi-permeable in nature (allow only selective compounds/substances to flow pass them) are easy to manufacture. These are gaining popularity in the process industry where purity of products is highly desired. Membranes are available in every shape and size and are required in numerous devices right from the water filter at
Cooking Appliances Market is Predicted to Grow High CAGR from 2019 to 2026
The cooking appliance include products such as microwaves, ovens, cook tops, and range hoods. Modern cooking appliance are used to provide ease to chefs. Also, with rapid depletion of natural resources such as LPG, and other petroleum products, there is an urgent need to use efficient and eco-friendly cooking appliances in kitchen. Key players are developing advance cooking appliances in order to increase their market share, and on the same
Power Bank Market Insights with Statistics and Growth Prediction 2018 to 2025
The growth of the global power bank market is driven by rising in demand for smartphones across the globe and an increase in sales of power banks on online portals & e-commerce websites. However, factors such as emerging trends of wireless charging and improved battery capacity of electronic devices hamper market growth. On the other hand, the development of solar & hydrogen fuel-based power banks and an increase in the
Shale Gas Market 2022 | Business Analysis and Evolutionary Growth
Shale gas is emerging as an ideal energy source, owing to its abundance, low carbon footprint and comparatively low price than conventional energy source such as natural gas, coal, nuclear and hydro. However, the issue of water scarcity due to the hydraulic fracturing technique may hamper its production. Moreover, the unstructured regulatory framework in the European countries may dampen its producers to some extent. The global shale gas consumption is

All 5 Releases


More Releases for Marijuana

Marijuana Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Marijuana Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-marijuana-market_p130182.html   Scope of the Report: The worldwide market for Marijuana is
We Are Marijuana Attorneys
Marijuana Attorneys Dedicated to Helping You Grow Regardless of whether you have plans to start a new marijuana business in Michigan or have already launched your business, it is important to understand the many ways that marijuana laws as well as general business laws can impact your business. These laws may relate to everything from the sale of marijuana to customers in legally-permitted quantities to the formation of a business entity,
Marijuana Stocks Falls into the Correction Territory
Major Canadian pot stocks were broadly lower, with some prices currently falling by as much as 5 to 6%. The sector has been into the correction territory after soaring in October on recreational cannabis sales rollout in Canada. Now we see a big share price reversal versus the peak prices. The Sector’s leaders Canopy Growth Corp and Tilray Inc fell by about 50% versus their 12-month highs. And some other
Medical Marijuana Market Predicted Analysis by 2025
Medical marijuana is a type of pain management drug extracted from cannabis plant. Medical marijuana is mainly prescribe as analgesic in indications such as nausea and vomiting and muscle pain. The marijuana contains cannabinoids compounds such as tetrahydrocannabinol (THC) and cannabidiol (CBD). Though the other compounds are also found in the marijuana in small proportion having medical properties and health benefits such as cannabigerol (CBG) and cannabinol (CBN). THC compound
Navigating through Conflicting Laws Regarding Marijuana Use
Edupliance announces webinar titled, “Navigating through Conflicting Laws Regarding Marijuana Use” This webinar will provide guidance in coordinating the recent legalization of recreational and medical marijuana in California and other states. The event goes LIVE on Wednesday, June 13, from 1:00 PM to 02:00 PM, EST / 10 AM to 11:00 AM PST. With the probability medical marijuana may be more frequently prescribed for many recognized disabilities, employers may want
Marijuana Market Latest Report By Orbis Research
Orbisreserach.Com adds “Marijuana Industry-The Unusual Growth Industry Displaying How Much Potential it Has” To Its Research Database This market is displaying some phenomenal signs of growth and current indicators suggest that, particularly in the US, it has the potential to be a very large industry. The reality is that globally there are still big disagreements as to how the drug should be regulated ranging all the way from outright banning and