Medical Marijuana Market Size, Share & Trends Analysis 2024 - 2028
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MarketResearch3
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marijuanamarketmedical
The medical marijuana market is expected to grow by USD 39.81 billion, with a CAGR of 29.52%, between 2023 and 2028. Medical cannabis, derived from legally sourced marijuana or cannabis, is increasingly prescribed by healthcare providers to treat a variety of medical conditions. Patients can consume it through several methods, including oral intake, vaporization, smoking, or cannabis-infused edibles. Legal for medicinal use in many regions, medical cannabis is gaining recognition for its potential to relieve symptoms of chronic pain, nausea, seizures, and other debilitating conditions. It offers therapeutic benefits for ailments such as chronic pain, neurological disorders, and chronic diseases. As acceptance grows and legalization spreads, medical cannabis is becoming an effective treatment option for patients seeking relief when traditional medications fall short. Ongoing medical research into its safety and efficacy suggests that medical cannabis may play a significant role in complementing conventional healthcare treatments.
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