13 August 2018
Visiongain has launched a new pharma report Global Medical Marijuana Market 2017-2027: Chronic Pain, Arthritis, Migraine, Cancer, National Markets, Patent Analysis, Leading Companies
Scientific studies of the extract of marijuana, called cannabinoids, have led to two FDA-approved medications that contain cannabinoid chemicals in pill form. Currently, the two main extract from the marijuana plant that are being used for medical treatments are THC and CBD. THC increases appetite and reduces nausea. THC also decrease pain, inflammation, and muscle control problems. CBD is useful in reducing pain and inflammation, controlling epileptic seizures, muscle spasms caused by multiple sclerosis, nausea, poor appetite, weight loss, crohn’s diseases and possibly treating mental illness and addictions.
The lead analyst of the report commented “Medical Marijuana is one the most promising method to treat various kinds of cancer. Moreover, scientists are doing constant research to make medical marijuana more effective. Hence, increasing research in the improvement of medical marijuana and constant development to find new treatment of cancer is one of the main factors driving the growth of this market.
The growing number of states legalizing medical marijuana and increasing demand for cannabis in medical applications are some of the pivotal factors that are expected to propel the demand for medical marijuana over the coming years.”
Leading companies featured in the report include Cara Therapeutics, Inc., Cannabis Sativa, Inc., CannaGrow Holdings, Inc., Aphios Corporation, United Cannabis Corporation, Growblox Sciences, Inc., GreenGro Technologies, Inc., GW Pharmaceutical, PLC., International Consolidated Companies, Inc., Lexaria Biosciences Corp.
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