Medical Cannabis Market Size, Leading Players, Industry Overview, Analysis, Latest Insights and Forecast 2023-2028
According to IMARC Group’s latest report, titled “Medical Cannabis Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The global medical cannabis market size reached US$ 31.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 57.4 Billion by 2028, exhibiting a growth rate (CAGR) of 8.47% during 2023-2028. Cannabis, also referred to as marijuana, represents a psychoactive drug that is emanated from the cannabis plant of the Cannabaceae family. It was utilized medicinally in ancient Chinese, Egyptian, Indian, and Islamic cultures. It is extensively used for treating various diseases and symptoms, such as chronic pain, depression, arthritis, diabetes, cancer, migraines, epilepsy, multiple sclerosis, an acquired immunodeficiency syndrome (AIDS), glaucoma, post-traumatic stress disorder (PTSD), amyotrophic lateral sclerosis (ALS), Alzheimer’s, Parkinson’s, and Tourette’s. Owing to its therapeutic benefits...