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Medical Cannabis is the science and practice of establishing the diagnosis, treatment, and prevention of disease like headache, cancer, and food allergies, Hypertension, Gastrointestinal Disease.

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Global Medical Cannabis Market Research Report: By Product form (Powders, Solids, Ointments and creams, Oil, Others), By Derivative (Cannabidiol, Tetrahydrocannabinol), By Application (Arthritis, Cancer, Alzheimer’s Disease, Others) and By Distribution Channel (Retail pharmacy, Online stores, Others) – Forecast to 2027Market HighlightsAccording to MRFR analysis, the global medical cannabis market is expected to register a CAGR of ~15.4% during the forecast period of 2019 to 2025 and was valued at USD 13.6 million in 2018.Marijuana is a plant containing a chemical compound known as cannabis that has curative properties.

The legal use of cannabis for medical and purposes is increasing, but it varies across countries, based on the distribution, possession, cultivation, and medical indications for its consumption.The growth of global medical cannabis market is driven by various factors such as an increase in consumption of cannabis, rising prevalence of chronic diseases and other medical conditions, increasing legalization of medical marijuana in multiple countries, rise in research & development of cannabinoid.

The key players are involved in product launches and strategic collaborations to strengthen their market positions.Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/8368Regional AnalysisThe market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.

The medical cannabis market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific.

The medical cannabis market in the Middle East & Africa has been divided into the Middle East and Africa.SegmentationThe global medical cannabis market has been segmented based on product form, derivative, application, and end user.The market, based on product form, has been divided into powders, solids, ointments and creams, oil, and others.

The new law builds on the state's medical cannabis market experiences, which started in early 2016.

Right now, ten licensed medical cannabis companies serve over 143,000 cannabis patients.These licensed medical cannabis businesses will be able to join the adult-use market starting on a limited basis.

Lawmakers are hopeful that their experience will help new cannabis business owners enter the new market.

Cannabis was banned for many years until November 2019 when cannabis finally got its legalization for medical use in California.

And slowly, more states adopted cannabis use for medical purposes.

And now, 33 states of the US have legalized medical cannabis.

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The people of the United States of America united in a movement that led to the legalization of Marijuana.

However, there are many queries that float in the mind of people related to medical cannabis.

The blog has tried to provide an answer to a few such queries.Can someone become addicted to Marijuana?After an investment of an enormous amount of years into the research-centric to the health effects of marijuana, an article was published in a renowned publication named as Addiction.

The article mentions that the potential for marijuana addiction is highly unlikely.

It reveals that more than 90% of people who try marijuana do not become addicted when compared to 32% to nicotine, 23% to heroin, 15% to alcohol and 11% to stimulants.Can Marijuana be considered as a medicine?The chemicals residing in the marijuana plant may help symptoms for various health problems.

This is the sole reason that more and more states are legalizing the use of the plant as medicine for a plethora of conditions.

The global Medical Cannabis Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.

Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

The major players in the medical cannabis market include Tilray, Elixinol Global Limited, Medical Marijuana, Inc., Extractas, Peace Naturals Project Inc., BOL Pharma, PharmaHemp, Kiehl’s, Vermont Hemp Health, Discover Health LLC, Endoca, Pacific roots, Canopy Growth Corporation.

This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Medical Cannabis Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/medical-cannabis-market/download-sampleMarket DynamicsIncreasing use of cannabis for drug formulation and growing awareness among pharma companies about medicinal benefits drive the global medical cannabis market.

The medical cannabis market is majorly driven by the US.

Increasing research and growing approvals for medicinal use are predicted to create ample opportunities for market growth.

Medical cannabis is legal in 33 US states currently.

And, with a doctor’s medical marijuana recommendation letter, you can easily access marijuana products from dispensaries.

In most of the states, an MMJ letter is valid for one year from the date it’s issued and to continue using cannabis for medical purposes, you need to renew it for another year.