Uncovering Emerging Trends in the Cannabis Market: Market Research Report

 


Industry Analysis

Medicinal cannabis constitutes a significant share of the cannabis market, as several countries including Australia, Canada, Chile, Colombia, Germany, Greece, Israel, Italy, the Netherlands, Peru, Poland, Portugal, and Uruguay have legalized its use for medical purposes. According to Data Bridge Market Research, the global cannabis market was worth USD 25.40 billion in 2021 and is expected to reach USD 168.58 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 9% during the forecast period from 2022 to 2029.


Market Insights and Scope

The effects of different compounds found in cannabis can vary, with some having a psychoactive effect while others do not. The potency and balance of these compounds can depend on factors such as how the plant is grown and processed. Cannabis has numerous medicinal benefits such as managing epileptic seizures, helping those with PTSD, protecting the brain after a stroke, alleviating rheumatoid arthritis, and reducing side effects of chemotherapy. The plant is used for both medical and recreational purposes, with people utilizing different parts such as the dried leaves and seed oil. Its positive effects can alleviate symptoms of various diseases, including chronic pain.


Browse Related Reports:

https://www.exoltech.net/blogs/52894/Cannabis-Market-Analysis-and-Forecast-Insights-into-Industry-Trends-Drivers

https://wowligo.fun/blogs/7356/Exploring-the-Cannabis-Market-Size-Share-Growth-and-Future-Prospects

https://www.campusacada.com/blogs/42146/Rising-Demand-for-Sustainable-Materials-Drives-Growth-in-Cannabis-Market

https://9020.social/blogs/25202/Examining-the-Competitive-Landscape-of-the-Cannabis-Market-Key-Players

https://portfo.org/read-blog/7318

https://www.jointcorners.com/read-blog/14367

https://www.mymeetbook.com/read-blog/13646

https://www.djjmeets.com/blogs/68052/Key-Factors-Driving-Growth-in-the-Cannabis-Market-Opportunities-Challenges

https://droidt99.com/read-blog/70784

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https://paperpage.in/blogs/57841/Impact-of-COVID-19-on-the-Cannabis-Market-Recovery-Outlook

https://www.flexartsocial.com/blogs/5035/Understanding-the-Dynamics-of-the-Cannabis-Market-Regional-Analysis-Product

https://justnock.com/read-blog/14883

https://anotepad.com/notes/k34qeb2s

https://www.notion.so/Cannabis-Market-Analysis-and-Forecast-Insights-into-Industry-Trends-Drivers-Challenges-and-Oppor-1fe6d53859f84452b159a942557fdafa?pvs=4

https://blooder.net/read-blog/11461

http://msnho.com/blog/rising-demand-sustainable-materials-drives-growth-cannabis-market-comprehensive-study

https://globotroop.com/read-blog/16601

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https://www.click4r.com/posts/g/8553583/key-factors-driving-growth-in-the-cannabis-market-opportunities-challenges-and-future-trends

https://twikkers.nl/blogs/106463/Cannabis-Market-Analysis-and-Forecast-Insights-into-Industry-Trends-Drivers

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