Title: The Medical Marijuana Market To Put Its Innovative Foot Forward Going Forward
1Medical Marijuana Market
Report Id PMRREP13897 Category Life Science
Healthcare
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3The Medical Marijuana Market To Put Its
Innovative Foot Forward Going Forward
- The medical marijuana market is anticipated to
record a year-over-year growth rate of 15.9 and
reach a market value of US 39,891.2 Mn by 2026.
Extract form segment is expected to have high
revenue share, accounting for 63.9 share in 2018
of the overall medical marijuana market. In this
report, the medical marijuana market is segmented
based on product type, application type,
distribution channel and region. - The extract form is the dominant segment in the
market for medical marijuana as maximum number of
products are made out of extract form and they
are conveniently used by majority of the
population. The product listed include oil
concentration, tinctures, sprays, edibles,
tablets, and capsules based on prescription. In
contrast, the companies conduct research
activities to introduce novel products in the
market. - In terms of revenue, the extract segment is
expected to account for large revenue share of
63.9 in 2018, is expected to witness significant
growth during the forecast period. The growth in
the dried flower segment is expected to be
primarily driven by traditional use and purpose
of usage with options available to consume dry
form medical marijuana without any interventions.
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4Company Profiles
- Aphria Incorporation
- The Peace Naturals Project
- Aurora Cannabis Inc
- Canopy Growth Corporation
- CANNABIS SATIVA, INC.
- Green Relief Inc.
- GW PHARMACEUTICALS PLC
- Insys Therapeutics, Inc.
- Medical Marijuana, Inc.
- MedReleaf Corporation
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