Cannabis Market Research Report: Opportunity Analysis and Future Assessment 2020-2028
The fact that the world has witnessed significant steps taken and great progress made in the legalization of cannabis that resulted in the emergence and growth of a new industry. Also, being it one of the most commonly cultivated and used unlawful and prohibited drugs, the world is now getting acquainted with its various beneficial attributes, which has favorably compelled regulatory bodies to legalize the cultivation and use of cannabis across the world. Owing to which, the global cannabis market is projected to grow briskly in the near future.
With the same token, cannabis or marijuana is gaining
enormous momentum in the global markets, in the present times, owing to its
therapeutic applications as well as medicinal benefits, which in turn is
further expected to positively fuel the growth of the global cannabis market in
the forthcoming years.
Cannabis is said to be helpful in losing body weight,
improving lung capacity, preventing and regulating diabetes as well as
seizures, treating glaucoma, fighting diseases like anxiety and depression, and
more importantly it has the potential to fight cancer. Attributing all such
beneficial factors, cannabis is anticipated to gain massive traction in the
years to come, therefore the global cannabis market is projected to observe
major breakthrough over the forecast period.
Get More Details, Sample Report and TOC at: https://www.marketwatch.com/press-release/cannabis-market-research-report-by-region-product-type-demand-application-forecast-2020-28-cresco-labs-indiva-green-thumb-industries-maricann-group-inc-and-terrascend-2021-11-24
However, the rigid and monitoring regulatory structure for
the use of cannabis/marijuana across the world is still a restraining factor
for the future growth of the global cannabis market. By the same token, along
with the stringent regulations, free public trade and consumption is also not
allowed and legal, across various parts of the world, which is also likely to
hold back the growth of the global cannabis market to the bounds over the
coming years.
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