Medicinal Cannabis Market Precise Study on Factors, Market Drivers and Key Players Strategies Analyzed Till 2027 | BOL Pharma, Tilray, Medreleaf Corporation, Aurora Cannabis, Inc.

Coherent Market Research adds Medical Cannabis Market Report provides an analytical assessment of the prime challenges faced by this Market currently and in the coming years, which helps Market participants in understanding the problems.

The Medical Cannabis Market report provides in-depth analysis and insights into developments impacting businesses and enterprises on a global and regional level. This report studies the global Medical Cannabis Market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Medical Cannabis Market by companies, region, type, and end-use industry.

Medical Cannabis Market Report covers the following major players: BOL Pharma, Tilray, Medreleaf Corporation, Aurora Cannabis, Inc., Canopy Growth Corporation, Insys Therapeutics, Inc., Aphria, Inc., MGC Pharmaceuticals Limited, GW Pharmaceuticals, plc., and Medical Marijuana Inc.

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Description: Medicinal cannabis, also known as medical marijuana, is used either for the treatment of diseases or to improve their symptoms. The two cannabinoids - delta-9-tetrahydrocannabinol (THC) and Cannabidiol (CBD) are used in treatment of certain diseases or health conditions such as pain, blood pressure, memory, concentration, appetite, sensory stimulus, muscular problems, and seizures. Marijuana was the most widely used drug globally in 2014 with around 183 million users. Such factors have led to increasing initiatives among governments worldwide to conduct studies regarding legalization of the drug for medicinal use. The U.S National Institute on Drug Abuse is conducting research on cannabis (marijuana) to treat numerous diseases and conditions such as autoimmune diseases, pain, inflammation, seizures, mental disorders, and substance abuse disorders. Regulatory compliance is a key factor that influences cost, quality, and safety of cannabis (marijuana) as well as the capacity for the manufacturers in the medicinal cannabis market to be responsive, scalable, and innovative.

This Medical Cannabis market research study is a collection of insights that translate into a gist of this industry. It is explained in terms of a plethora of factors, some of which include the present scenario of this marketplace in tandem with the industry scenario over the forecast timespan.

The report is also inclusive of some of the major development trends that characterize the Medical Cannabis market. A comprehensive document in itself, the Medical Cannabis market research study also contains numerous other pointers such as the current industry policies in conjunction with the topographical industry layout characteristics. Also, the Medical Cannabis market study is comprised of parameters such as the impact of the current market scenario on investors.

Increase in the legalization of medicinal cannabis in various economies is expected to augment the market growth

Increasing approvals for medicinal cannabis products and growing research and development activities in the medicinal cannabis market are expected to support growth of the market. For instance, in March 2017, Germany's parliament passed a law allowing medicinal use of the cannabis plant by allowing healthcare professionals to prescribe medicinal cannabis products to patients suffering from health issues such as chronic pain, vomiting, and nausea. However, health issues resulting from excessive cannabis consumption such as tachycardia, risk of heart attack, particularly in individuals with existing heart disease or arrhythmias, are expected to restrain growth of the market.

Legalization of medicinal cannabis is expected to grow once conclusive evidence regarding its safety and efficacy is obtained through extensive research. For instance, in 2013, Czech Republic legalized medicinal marijuana for patients suffering from chronic pain, epilepsy, chemotherapy induced side effects, and other severe disease indications. Furthermore, the law allows patients with marijuana prescription to purchase medicinal marijuana from pharmacies. However, cultivation of marijuana in not allowed in the country, and thereby suppliers need to import medicinal cannabis. These factors are expected to contribute to the growth of the medicinal cannabis use in pharmaceutical and biotechnology industry.

Promising Regions & Countries Mentioned In The Stem Cell Therapy Market Report:

o North America ( United States)

o Europe ( Germany, France, UK)

o Asia-Pacific ( China, Japan, India)

o Latin America ( Brazil)

o The Middle East & Africa

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Regional landscape:

- How will the details provided in the report help prominent stakeholders?

- The information that this study delivers, pertaining to the geographical landscape, is indeed rather vital.

- As per the study, the topographical spectrum of this industry covers the geographies of North America, Europe, Asia-Pacific & Middle East and Africa.

- The study, in detail, enumerates the overview of the regional scope with respect to the growth rate that is likely to be recorded by each region over the projected duration.

- Other important aspects pertaining to the topographical reach that may prove important for buyers include the remuneration and the production volume with regards to each region. The market share which every region holds in the industry has also been provided.

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