The global Medical Marijuana market is studied in detail in the new report on Qualiket Research. The new report studies the Medical Marijuana market by profiling its major driving factors and restraining factors, compiling a comprehensive database on the market’s historical growth trajectory and present conditions, and by using easy formulation of calculations and estimations through the use of industry-leading analytical tools and methods.

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Marijuana is a chemical plant which contains cannabis as a medical property. It is used as raw material by various pharmaceutical companies to manufacture drugs for different therapeutic applications. Marijuana extract is used to treat various diseases including Alzheimer’s disease, Migraine, Arthritis, Chronic Pain, and Others.

Market Drivers
Increase in awareness regarding various medical applications such as appetite enhancement, pain management, and reducing eye pressure is the key driving factor which is expected to boost the global medical marijuana market growth. Furthermore, increase in number of legalizing the use of medical marijuana in various parts across the globe will have the positive impact on market growth. Moreover, rise in mergers and acquisitions in the medical cannabis industry will fuel the market growth.

Market Restraints
However, Medical marijuana is not approved by USFDA (Food and Drug Administration) for the treatment of cancer which is major restraining factor which is expected to hamper the global medical marijuana market growth.

Market Key Players
Various key players are discussed in this report such as GW Pharmaceuticals PLC, The Peace Naturals Project, Insys Therapeutics, Inc., Cannabis Sativa, INC., Green Relief Inc., Medical Marijuana, Inc., Aurora Cannabis Inc, Aphria Incorporation, MedReleaf Corporation,and Canopy Growth Corporation.

Market Taxonomy
By Route of Administration
• Oral
• Inhalation
• Topical
By Application
• Alzheimer’s disease
• Migraine
• Arthritis
• Chronic Pain
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

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