Medical Marijuana Market Value Projected to Expand by 2029

Medical marijuana market is anticipated to grow at a significant CAGR during the forecast period. The pivotal factor which is primarily fueling the market growth includes the rising legalization of in various countries. Owing to this fact, the use of medical marijuana for various aliments is gaining momentum all over the globe. People experiencing chronic diseases, such as cancer, Parkinson's, Alzheimer's, and many neurological disorders, are recommended to have medical marijuana.

Further, the demand for is increasing rapidly, particularly in the countries where medical marijuana is legalized. Recent Novel Food Ruling in Europe will further strengthen the growth of isolates in the future years. For instance, in November 2020, the European Court of Justice made the breakthrough declaration that is not considered to be a narcotic drug and EU member states may not prohibit the marketing of the same produced legally in another member state. Adding to this, the European Commission has resumed the investigation of applications for authorization of products as a 'Novel Food'.

Another major finding that adds to the market growth includes the tremendous benefits of for the treatment of disorders in children, such as epilepsy. For instance, in February 2021, GovernorPhil Murphy signed three bills for the legalization of recreational for adults of 21 years and older in New Jersey, the US. This is further expected to boost the market potential in the future years.

To Request a Sample of our Report on Medical Marijuana Market: https://www.omrglobal.com/request-sample/medical-marijuana-market

Market Coverage

The market number available for - 2022-2029
Base year- 2022
Forecast period- 2023-2029
Segment Covered
Regions Covered- Globally
Competitive Landscape:

Medical Marijuana Market by Segmentation

By Derivative

Tetrahydrocannabinol (THC)
Others
By Application

Cancer
Epilepsy
Migraine
Arthritis
Others
A full Report of Medical Marijuana Market is Available @ https://www.omrglobal.com/industry-reports/medical-marijuana-market

Medical Marijuana Market by Region

North America

United States
Canada
Europe

UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific

India
China
Japan
South Korea
Rest of APAC
Rest of the World

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/medical-marijuana-market

https://www.asiatimeskorea.com/news/%ea%b2%bd%ea%b5%ac-%ed%95%ad-%eb%8b%b9%eb%87%a8%eb%b3%91-%ec%95%bd-%ec%8b%9c%ec%9e%a5%ec%9d%80-2029%eb%85%84%ea%b9%8c%ec%a7%80-%ec%a0%84-%ec%84%b8%ea%b3%84%ec%a0%81%ec%9c%bc%eb%a1%9c-%eb%b2%88/373544/
https://monblogapple.com/2023/03/01/la-valeur-marchande-des-batteries-de-sous-station-devrait-augmenter-dici-2029/
https://www.diario-ya.com/regionales/%e5%88%b0-2029-%e5%b9%b4%ef%bc%8c%e7%b3%bb%e7%b5%b1%e6%a8%a1%e5%a1%8a%e5%b8%82%e5%a0%b4%e5%b0%87%e5%bf%ab%e9%80%9f%e5%a2%9e%e9%95%b7/464117/
https://revistaeconomiasocial.com/2023/03/01/el-mercado-de-equipos-de-gimnasio-en-casa-generara-ingresos-record-para-2029/
https://sportmsr.com/%d8%aa%d8%ad%d9%84%d9%8a%d9%84-%d8%b3%d9%88%d9%82-%d8%a7%d9%84%d8%a3%d8%af%d9%88%d9%8a%d8%a9-%d8%a7%d9%84%d9%85%d8%ab%d8%a8%d8%b7%d8%a9-%d9%84%d9%84%d9%85%d9%86%d8%a7%d8%b9%d8%a9-%d8%8c-%d8%a7/

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.