AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Global Medical Marijuana Market 2020-2024 | Evolving Opportunities With Aphria Inc. and Aurora Cannabis Inc. | Technavio

December 1, 2019
Global Medical Marijuana Market 2020-2024 | Evolving Opportunities With Aphria Inc. and Aurora Cannabis Inc. | Technavio
Global Medical Marijuana Market 2020-2024 | Evolving Opportunities With Aphria Inc. and Aurora Cannabis Inc. | Technavio

LONDON--(BUSINESS WIRE)--Dec 1, 2019--

Technavio has been monitoring the global medical marijuana market since 2018 and the market is poised to grow by USD 22.33 billion during 2020-2024 at a CAGR of over 24% during the forecast period. Request Free Sample Pages

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191201005080/en/

Technavio has announced its latest market research report titled global medical marijuana market 2020-2024. (Graphic: Business Wire)

Read the 136-page research report with TOC on “Medical Marijuana Market Analysis Report by Geography (APAC, Europe, MEA, North America, and South America), by Application (Chronic pain, Nausea, and Others), and Segment Forecasts, 2020-2024.”

The market is driven by plans to boost the production and availability of medical marijuana by governments. In addition, the increase in funding for research and production of medical marijuana is anticipated to further boost the growth of the medical marijuana market.

The increasing demand for marijuana from dispensaries and patients for medical applications is encouraging marijuana growers and government organizations to improve the access to legal marijuana for medical research. This is encouraging various governments such as the US government to issue plans to legalize the production of marijuana and expand the number of entities that are certified to grow marijuana plants. This will allow users to place orders for medical marijuana products. Thus, the plans to increase production and availability of medical marijuana by governments is expected to drive market growth during the forecast period.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Major Five Medical Marijuana Market Companies:

Aphria Inc.

Aphria Inc. is headquartered in Canada and operates the business under various segments such as Cannabis operations, Distribution operations, and Business under development. The company offers medical marijuana under its brand name, Broken Coast.

Aurora Cannabis Inc.

Aurora Cannabis Inc. is headquartered in Canada and offers products through the following business units: Cannabis and Horizontally Integrated Business. The company offers products such as soft gel, strips, blends, and oils.

Cannabis Sativa Inc.

Cannabis Sativa Inc. is headquartered in the US and operates under the business segments, Cannabis products. The company offers medical marijuana under the brand names, PrestoDoctor and hiDispensaries.

Canopy Growth Corp.

Canopy Growth Corp. is headquartered in Canada and offers products through the following business segments: Cannabis operations and Canopy Rivers. The company offers products such as soft gel capsules, concentrates, and marijuana oils.

Cronos Group Inc.

Cronos Group Inc. is headquartered in Canada and offers products through the following business segments: Cannabis operations and Canopy Rivers. The company offers marijuana oils, and soft gel capsules.

Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio’s SUBSCRIPTION platform

Medical Marijuana Application Outlook (Revenue, USD Million, 2020-2024)

Medical Marijuana Regional Outlook (Revenue, USD Million, 2020-2024)

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report

Related Reports on Consumer Staples include:

Legal Cannabis Market – Global Legal Cannabis Market by product (legal medical cannabis and legal recreational cannabis) and geography (the Americas, APAC, and EMEA).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191201005080/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:media@technavio.com

Website:https://www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: ALTERNATIVE MEDICINE HEALTH

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 12/01/2019 04:30 AM/DISC: 12/01/2019 04:30 AM

http://www.businesswire.com/news/home/20191201005080/en