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Initiatives Undertaken By Various Countries to Legalize Use of Cannabis for Medical Purposes to Ensure Growth of Medical Cannabis Market, Says TMR

Be careful not to let negativity take root in your mind in times of crisis, balance yourself with anxiety and hope to strengthen yourself | સંકટ સમયે નકારાત્મકતા મનમાં ઘર ન કરી જાય તેનું ધ્યાન રાખો, જાતને મજબૂત બનાવવા ચિંતા અને આશા વચ્ચે સંતુલન જાળવો

Be careful not to let negativity take root in your mind in times of crisis, balance yourself with anxiety and hope to strengthen yourself | સંકટ સમયે નકારાત્મકતા મનમાં ઘર ન કરી જાય તેનું ધ્યાન રાખો, જાતને મજબૂત બનાવવા ચિંતા અને આશા વચ્ચે સંતુલન જાળવો
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Cannabis Market by Application, Product Type, Compound and Region

Share this article Share this article ResearchAndMarkets.com s offering. The global cannabis market is estimated to be valued at USD 20.5 billion in 2020 and is projected to reach USD 90.4 billion by 2026, recording a CAGR of 28%, in terms of value. The market is primarily driven by factors such as growing medical applications of cannabis and increasing legalization of cannabis and rise in social acceptance of marijuana. North America accounted for the largest market share in the cannabis market owing to the increasing legalization of cannabis for both medical and recreational purposes across the region. However, one of the restraining factors in the growth of cannabis market is complex regulatory structure to produce and use cannabis.

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