Medical Marijuana Market is estimated to surge ahead at a CAGR of 14.0% to reach US$ 96.7 Bn by the end of 2033 – World News ReportPosted by On

Medical Marijuana Market Segmented By Dried Form, Extract Form for Pain management, Seizures in Retail Pharmacy and E-Commerce

NEW YORK CITY, NEW YORK , UNITED STATES, December 28, 2022 / — Medical marijuana refers to the use of cannabis and its derivatives to treat medical conditions. In recent years, the use of medical marijuana has gained increasing acceptance as a treatment for a variety of medical conditions, including chronic pain, epilepsy, and multiple sclerosis.

The medical marijuana market has seen significant growth in recent years as more and more states have legalized its use for medical purposes. Worldwide revenue from the medical marijuana market stands at US$ 22.4 Bn in 2022, with the global market estimated to surge ahead at a CAGR of 14.0% to reach a valuation of US$ 96.7 Bn by the end of 2033.

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Factors driving the growth of the medical marijuana market include increasing recognition of the therapeutic benefits of marijuana, the legalization of medical marijuana in an increasing number of states and countries, and the growing number of patents related to the medical use of marijuana.

There are several types of medical marijuana products available on the market, including dried marijuana…

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Medical Marijuana Market

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