Marijuana is also known as cannabis or cannabinoids, obtained from fruiting or flowering tops of the cannabis plant from which the resin has not been removed. It is referred to as the basic extracts or whole unprocessed marijuana plant that is used to treat certain illness or medical conditions. Due to the lack of efficient large-scale clinical trials, marijuana has not been recognized as medicinal by the Food and Drug Administration (FDA). Cannabis plant comprises of about 104 different cannabinoids and around 750 different chemicals such as CBD (cannabidiol), CBN (cannabinol) and THC (delta-9-tetrahydrocannabinol).
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Increase in the number of countries approving the use of the product for therapeutic application, increasing geriatric population in need of treatment for chronic diseases, and rising number of medical marijuana clubs have been driving the global Marijuana Market. On the other hand, increasing recreational and personal use of marijuana and strict regulatory laws act as potential restraints for the overall market at a global level.
The “Global Marijuana Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Canopy Growth Corporation; Aphria, Inc.; Aurora Cannabis; Maricann Group, Inc.; Tilray; The Cronos Group; Organigram Holdings, Inc.; ABcann Medicinals, Inc.; and Tikun Olam. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
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