December 23, 2019


Esticast Research & Consulting adds a new research report titled, ‘Global Medical Marijuana Market’ to its huge database of research reports. The report offers an expansive assessment of the market, including historical data, insights, facts, and industry-proven market data. It also covers projections by making use of a suitable set of estimates and methodologies.

About Medical Marijuana Market:

Medical Marijuana Market is expected to grow with a CAGR of 18.3% during the forecast period of 2018 to 2025. The evolution of medical marijuana or medical cannabis from an illegal drug to a mainstream legalized drug in certain parts of the globe is catalyzing the growth of medical marijuana market. According to a research, medical marijuana is being consumed by more than 12 million people all over the globe for various medical purposes such as depression, cancer, pain management and few others. The medical cannabis industry is expanding in terms of both value and volume, owing to the huge investments being contributed by the public and private firms. In addition, market players are focusing on increasing their production capacities and expanding their business reach via mergers & acquisitions and joint ventures. The global medical marijuana market is expected to witness a surge in its sales volume due to the emergence of luxury cannabis products in the market. The harmful effects of smoking unregulated volumes of marijuana has led to the advent of nouveau consumption trends of medical marijuana. In order to provide regulated therapeutic doses of medical marijuana to the patients, market players are offering edibles such as chewing gums, cookies, tea, muffins, chocolates, and brownies containing marijuana in them. The legal status of medical marijuana across the globe is the most crucial market determinant that is fuelling and hindering the growth of the global market.

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The Global Medical Marijuana Market report offers an in-depth analysis of the global market taking into account segmentation, market dynamics, competitive landscape, geographical analysis, and many other key aspects. The domain experts who have planned the report have thoroughly studied the global Medical Marijuana market and have catered reliable and accurate data.

They recognize the needs of the industry and the clients, which makes it simple for them to focus on the aspects, which the clients have been looking for. The research report comprises of an analysis of an evaluation of the existing and upcoming trends that companies can invest in. Furthermore, it also includes an assessment of the financial outlooks of the players and explains the scenario of the competition.

Research Methodology

The research methodology of the market is based on both primary as well as secondary research data sources. It commits different factors affecting Medical Marijuana industry such as market environment, different policies of the government, historical data and market trends, technological advancements, forthcoming innovations, market risk factors, market restraints, and obstacles in the industry.

Competitive Landscape:

The key players’ profile in the report includes

Aurora Cannabis
GW Pharmaceuticals
CanniMed Ltd.
Maricann Group Inc

The key player’s major focus is on product innovations and technologies that improve shelf life and efficiency. The long-term success and growth opportunities can be examined by bull’s eye through tracking the on-going process improvements linked with financial aspects and to be decisive to invest in the most favorable strategies. The report has further included a separate chapter on key players coupled with the company profile. This chapter further enlists the details about the company’s progress so far and with its expansion plans in the coming years.

The report also provides comprehensive data such as gross profit margin, growth rates, revenue figures, in relation to the past records and recent data and is projected until the forecast period. The data is presented in the precise fashion that includes tabular format to get a thorough glimpse for the reader to understand while reading the research report. The report further mentions the recent development such as new product/service launch and mergers & acquisitions.

Key questions of the Medical Marijuana Market

  • Which are the leading innovation sellers of the global Medical Marijuana market?
  • What are the obligations of driving innovation merchants?
  • By what means will experts play a crucial role in the global Medical Marijuana market?
  • What are the noteworthy patterns of the global Medical Marijuana market?
  • What are the vital technology segments of the global Medical Marijuana market?

Market Segmentation:

Major Classifications of Medical Marijuana Market by Type:


By Application Medical Marijuana Market Segmented in to:

Chronic Pain

For better understanding while reading the analysts has included segmentation on the basis of product type and application. Each segment is explained with deep-insights which have been recorded with careful thoughts for the rapid change in market dynamics.

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Regional Segmentation

The separate chapter on geography explains the superiors at the regional level and several factors that help them to keep them in lead. Moreover, it also offers a comprehensive outlook that explains the stringent government reforms that boost the market growth. The regional analysis offers a base for the analysts to understand the political grievances that will have an everlasting impression on the market during the forecast time frame.

An all-inclusive framework of the geographical regions includes North America, Europe, The Middle East, and Africa, South America, and the Asia Pacific.

  • The research report extensively segments the regional outlook based on the sector. As per the report, the Medical Marijuana Market has established its presence across the globe.
  • The report includes insights regarding the industry share acquired by each region. In addition, data is presented for estimating growth opportunities for the Medical Marijuana Market across every detailed region is included within the report.
  • The expected compounded growth rate is recorded by each region over the estimated years and has been correctly specified within the research report.
  • The Esticast Research Consulting report light sheds on the publications that aim to offer the readers a clear view and the direction of the market and envisage the forecast period.