REPORT DESCRIPTION
Medical Cannabis Market – Overview
Medicinal cannabis are also known as Medical marijuana, which area used either to treat disease or to
improve their symptoms. The two cannabinoids - delta-9-tetrahydrocannabinol (THC) and Cannabidiol
(CBD) are used in treatment of certain disease or health conditions such as pain, blood pressure, memory,
concentration, appetite, sensory stimulus, muscular problems, and seizures. The various economies are
involved in the activities to legalize the export of medicinal cannabis product, which in turn is expected to
fuel growth of the medical cannabis market.
Some of the major factors driving growth of the market include increasing approval of medicinal cannabis
products and increasing research and development activities. For instance, in March 2017, a law that allows
the use of cannabis plant was signed by the German parliament. This would in turn allow the healthcare
professionals to prescribe medicinal cannabis products to the patients suffering from severe health issues
such as chronic pain, vomiting, and nausea. However, excessive consumption of cannabis will induce
tachycardia, which will in turn increase the risk of heart attack, especially for users who already suffer from
heart disease or arrhythmias. This is expected to hinder growth of the market.