The Global Medical Cannabis Market report presents comprehensive information covering insightful data for businesses and investors for the time period of 2020-2027. The report studies the historical data of the Medical Cannabis market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspectsThe product is used with other opioid painkillers, which permits patients to reduce the dosage and frequency of opioids, relieving pain. Legalization of marijuana throughout the country could create up to 1 million jobs by 2025 in the U.S. Workers are needed to farm, process, distribute and sell marijuana and its related products. Medical cannabis has not only created jobs but have also generated significant amount of taxes. For instance, Colorado, in 2019, collected more than USD 302 million in taxes and fees on medical and recreational marijuana.

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The report further assesses the market dynamics, market landscape, company profiles, production and manufacturing capacity, year-on-year growth rate, SWOT analysis, and Porter’s Five Forces analysis. It offers in-depth assessment of key companies operating in the market on the basis of their expansion plans, market position, financial standing, and gross profit margins.

Dispensaries segment accounted for a significant revenue share in 2020. Patients who are prescribed medical cannabis prefer to buy it from a legal source to abide by the regulations, which will propel the growth of dispensaries segment.  

North America accounted for the largest market share in 2020, as the product is commonly used in the U.S. to treat patients. Countries in the region are promoting derivatives such as resins, tinctures, oil, and vaporizers among the youth, who are the primary consumers. 36 states in the U.S. allows medical sales of marijuana and the country witnessed record sales in 2020 due to COVID-19.

Key players in the market include Canopy Growth Corporation, Aphria, Inc., Aurora Cannabis, Maricann Group, Inc., Tilray, Cronos Group, Organigram Holdings, Inc., Vivo Cannabis, Tikun Olam, and Insys Therapeutics, Inc.

It also provides information about their current advancements and key market strategies. Furthermore, the report provides a comprehensive overview of the Medical Cannabis market along with product portfolio and market performance. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.

Emergen Research has segmented the global Medical Cannabis market on the basis of product type, application, and route of administration, distribution channel, and region:

Product Type Outlook (Revenue, USD Billion; 2018-2028)

• Oil
• Buds
• Tinctures

Application Outlook (Revenue, USD Billion; 2018-2028)

• Chronic Pain
• Mental Disorders
• Anorexia
• Seizures
• Muscle Spasm
• Cancer
• Others

Route of Administration Outlook (Revenue, USD Billion; 2018-2028)

• Oral
• Intravenous
• Inhalation
• Topical

Distribution Channel Outlook (Revenue, USD Billion; 2018-2028)

• Dispensaries
• Online

Regional Outlook (Revenue, USD Billion; 2018–2028)

• North America
  1. U.S.
  2. Canada
  3. Mexico
• Europe
  1. Germany
  2. U.K.
  3. France
  4. Spain
  5. BENELUX
  6. Rest of Europe
• Asia Pacific
  1. China
  2. India
  3. Japan
  4. South Korea
  5. Rest of APAC
• Latin America
  1. Brazil
  2. Rest of LATAM
• Middle East Africa
  1. Saudi Arabia
  2. UAE
  3. Israel
  4. Rest Of MEA

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 Key Questions Answered in the Report:

What is the growth rate of the Medical Cannabis market? What is the anticipated market valuation of Medical Cannabis industry by 2027?

What are the key growth driving and restraining factors of the Medical Cannabis market?

Who are the prominent players operating in the market? What are the key strategies adopted by these companies?

What are the key opportunities and growth prospects of the Medical Cannabis industry over the forecast period?

Which region is expected to show significant growth in the coming years?

To define, describe, and forecast the market by product type, market, and key regions.

Key points discussed in the report for Global Medical Cannabis Market:

Chapter 1: Introduction, market driving force product, Objectives of the Study, and Research Scope of the Medical Cannabis market

Chapter 2: Exclusive Summary –vital information of the Medical Cannabis Market.

Chapter 3: Market Dynamics- Drivers, Trends, and Challenges of the Medical Cannabis Market

Chapter 4: Medical Cannabis Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Market segmentation by Type, End-User and Region 2016-2018

Chapter 6: Analysis of the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.

Chapter 7 8: Appendix, Methodology and Data Source…Continued

Finally, Medical Cannabis Market is a valuable source of guidance for individuals and companies.

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