An overview of the Medical Marijuana-from Illicit To Legal And Beyond To Pharmaceuticals -Global Markets, Competitors And Opportunities:2015-2020 Analysis And Forecasts report. The objective of this report is to provide a detailed analysis of the global market for Medical Marijuana. It is also to provide a comprehensive analysis of the leading companies producing these products, as well as the competitive environment they operate in. Marijuana (cannabis) remains a controversial drug in the twenty-first century. However, the potential role of specific cannabinoids for medical benefits will be revealed as the twenty-first century matures.
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Medical Marijuanafrom Illicit To Legal And Beyond To Pharmaceuticals -Global Markets, Competitors And Opportunities
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Medical Marijuana-from Illicit To Legal
And Beyond To Pharmaceuticals
-Global Markets, Competitors And
Opportunities:2015-2020 Analysis And
Forecasts
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2. ABSTRACT
The objective of this report is to provide a detailed analysis of the global market for Medical Marijuana. It is
also to provide a comprehensive analysis of the leading companies producing these products, as well as the
competitive environment they operate in. Marijuana (cannabis) remains a controversial drug in the twenty-first
century. However, the potential role of specific cannabinoids for medical benefits will be revealed as the twenty-
first century matures.
This report provides an estimate of global cannabis production both in volume and value during the 2015-2020
period. The illicit use of marijuana dwarfs the medical use and that probably always will be the case. But to put
global cannabis production in perspective, it is bigger than retail sales of all OTC (over-the-counter) analgesic
pharmaceuticals by a factor of 9 and sales of pain medication pharmaceuticals by a factor of 25.
3. ABSTRACT
23 U.S. states and the District of Columbia now have legalized medical marijuana, and two states (Colorado
and Washington state) allow for adult use (commonly referred to as recreational use). However, the focus in
this report is on the Canada medical marijuana market, which is a new, emerging growth industry. The medical
marijuana space in Canada, which went into effect in April 2014, has created conditions for a new highly regulated
commercial industry with a limited amount of suppliers vetted extensively by Health Canada. Over $100 million in
investment dollars have flowed into the Canadian medical marijuana industry already.
The future of medical marijuana lies in pharmaceutical products for the management of neuropathic pain,
hypertension, post-stroke neuroprotection, multiple sclerosis, epilepsy, cancer, and other disorders.
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