NEW YORK , Sept. 9, 2024 /PRNewswire/ -- Report with market evolution powered by AI- The global medical marijuana market size is estimated to grow by USD 39.81 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of over 29.52% during the forecast period. Rising number of product launches is driving market growth, with a trend towards increasing number of awareness campaigns.
However, side effects associated with inappropriate use of medical marijuana poses a challenge. Key market players include Aurora Cannabis Inc., Canopy Growth Corp.
, Cresco Labs LLC, Cronos Group Inc., CV Sciences Inc., Etain LLC, HEXO Corp.
, Isodiol International Inc., Jazz Pharmaceuticals Plc, Khiron Life Sciences Corp., Maricann Group Inc, Medical Marijuana Inc.
, MediPharm Labs Inc., Organigram Holdings Inc., Phoena Holdings Inc, Skye Bioscience Inc.
, Tikun Olam, Tilray Brands Inc., Trevena Inc, and Verano Holdings LLC. AI-Powered Market Evolution Insights.
Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View your snapshot now Key Market Trends Fueling Growth Medical marijuana vendors are implementing educational campaigns to promote safe and responsible use, thereby expanding market reach. In April 2022 , Leaf411 and Healer.com joined forces to offer online medical cannabis training for patients, healthcare providers, and dispensaries.
House of Wise and Last Prisoner Project launched a campaign, "Justice .