Press release
Global Medical Cannabis Industry Market was expected to reach USD 6 billion in 2019 and expected to growth with a CAGR of 20% within the forecasted year (2019 – 2026)
Global Trade Impact on the Medical Cannabis Industry Market due to COVID-19; Key Statistics, Trends Followed, and Other Industry AnalysisRead Detailed To Understand How Covid-19 Impact Is Covered In This Report : https://www.marketresearchstore.com/covid19/763777
A new report on the global Medical Cannabis Industry Market has been published by the Market Research Store. Based on the findings of the report, the global demand for the Medical Cannabis Industry market was registered USD 6 billion in 2019 and it is expected that by 2026 the market demand will be USD 22 billion. The expected growth rate for the market during the forecast period, i.e., from 2020 to 2026 is 20%.
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The increasing demand for the product along with other supporting factors is the driver that is helping the market to revive in this time period. The Medical Cannabis Industry market report will provide you with a comprehensive analysis of the best business strategies, top investment areas, drivers and the opportunities that will further help the market players for decision-making. Other important aspects that are covered in the report include the competitive landscape among the market players, market size and estimations, changes that were lately seen in the market trends, and much more.
Read Detailed Index of full Research Study at: https://www.marketresearchstore.com/report/global-medical-cannabis-market-report-2020-industry-analysis-763777
According to the market experts and the observations from our research analysts it is expected that the advancements in the technology and the supportive initiatives from the government will help the Medical Cannabis Industry market grow in the coming years.
The other important aspect that has been covered in the Medical Cannabis Industry market report is the COVID-19 impact on the market. The lockdown in several regions and the economical crunch faced by the regions have severely influenced the Medical Cannabis Industry market. Several projects and new product launches were disrupted owing to the outbreak of the pandemic. All these detailed analysis have been mentioned in the report.
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The Medical Cannabis Industry market is majorly fragmented into {Flowers, Concentrates, Others}; {Pain Management, Muscle Spasms, Nausea, Anorexia, Seizures}. The major segments are also further sub-segmented in order to understand the market in depth. Some of the major players that are mentioned in the Medical Cannabis Industry report are Aphria Medical Cannabis, Aureum, Aurora Cannabis, BOL Pharma, Cannabis Danmark, CanniMed Ltd, Canopy Growth Corporation, Cara Therapeutics, Inc., Cresco Labs, Cronos Group, GW Pharmaceuticals plc., Lagemiddelstyrelsen, Medical Cannabis Denmark, Medical Marijuana, Inc, MedReleaf Corp, STENOCARE, The Peace Naturals Project Inc, United Cannabis, Others. Along with them details about the suppliers and distributors are also mentioned.
Note – In order to provide a more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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