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United States Medical Cannabis Market Report and Forecast 2020-2025

The size of the United States Medical Cannabis Market size was predicted at USD 16.47 Billion in 2021. This value is forecasted to be worth USD 46.18 Billion by 2026, with a CAGR of 22.9% during the forecast period. Medical cannabis, otherwise known as medical marijuana, is the crude, unprocessed, and whole marijuana plant extract. This extract is used to treat various illnesses and diseases. The THC (Tetrahydrocannabinol) present in cannabis is used to treat nausea in treatments such as chemotherapy and other treatments. However, United States boards and FDA (Food and drug administration) authorities are yet to approve cannabis as a legal medicine.

  • Max Smith
  • Nov 25 2021
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