New York, USA, Aug. 25, 2021 (GLOBE NEWSWIRE) — Medical Cannabis Market Overview
According to a comprehensive research report by Market Research Future (MRFR), “Medical Cannabis Market Information By Product Type, Derivative, Route Of Administration, Application, Distribution Channel, and Region- Forecast to 2027”, the market is anticipated to register a CAGR of 18.4% crossing the value of USD 33,210 Million by 2027.
Market Scope
Medical cannabis, often known as medical marijuana, is an herbal medicine derived from Cannabis plants that are used to treat a specific symptom or ailment. Although the term cannabis refers to a plant genus, it is also used to refer to the crude medicine extracted from the plants’ leaves and flowers, which is known as marijuana. Ancient Indian, Chinese, Egyptian, and Islamic civilizations all employed it medicinally. Cancer, chronic pain, depression, diabetes, arthritis, glaucoma, epilepsy, migraines, multiple sclerosis, AIDS, PTSD, amyotrophic lateral sclerosis (ALS), Alzheimer’s, and Tourette’s are some of the diseases and symptoms for which cannabis is used. Cannabis has been legalized for medical usage in a large number of nations with varying degrees of legal limitations, due to its therapeutic effects.
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Competitive Landscape
The significant companies associated with the global medical cannabis market are
- Cannabis Sativa,…
