Legalizing Marijuana Marijuana Also Called Herb Weed - amazonia.fiocruz.br

Legalizing Marijuana Marijuana Also Called Herb Weed Video

Marijuana is also termed as Cannabis, can be defined as a psychoactive drug made from an Indian hemp plant called Cannabis plant, is primarily used for recreational and medical processes. Since last few years legalization of using Marijuana for various medical processes is gaining momentum. This is expected to Leglizing the growth of global market significantly. Marijuana is largely being adopted owing to its wide range of applications in medical sector. This is leading to legal approval for its use in Nike Report applications.

InGermany legalized the use of marijuana for medical treatments. Similarly, in OctoberCanada gave green signal for its recreational use.

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More than two third states in United States have legalized the use of Marijuana. As per the studies, around 33 states in U. The number of cancer patients is increasing rapidly which is anticipated to bode well with the growth of legal marijuana market. For instance, as per a study conducted by International Agency for Research on cancer, cancer is among the top causes for mortality.

Inmore than Moreover, side effects associated with opioid usage and growing burden of chronic pain is expected to influence the growth of global market during the period of research study. Based on product type, buds segment accounted for Marijjuana revenue in and projected to maintain its dominance throughout the forecast timespan.

Buds are also used to reduce growth of cancer severity and alleviate chronic pain. Furthermore, oils segment is expected to grow at a highest CAGR. The growth of the segment can be attributed to advantages associated with cannabis oils. Cannabis oils alleviate anxiety, stress, and improve sleep.

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Also, it is used for treatment of nausea and cancer. However, the legalization of oils differs from country to country. On the basis of application, mental-disorder segment is projected to witness highest growth during the forecast timespan. This is mainly due to growing number of patients suffering form various forms of mental disorder such as PTSD, depression, anxiety, and epilepsy.

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According to WHO, in more than million people worldwide were suffering from depression and around 50 million epilepsy cases were registered globally. By geography, the global market is dominated by North America owing to supportive and liberal government regulations in the region. InDistrict of Colombia, territories of Guam, Puerto, and 33 states have approved the use of marijuana. Moreover, inthe U. Government issued the Farm Bill with legalization of hemp and hemp-based products.

These all factors are anticipated to favor the regional growth. Furthermore, Europe is anticipated to witness gradual growth as the country is accompanied by stringent government rules and regulations regarding the cultivation and sale of marijuana. Also, New Zealand and South Africa are into Legalizing Marijuana Marijuana Also Called Herb Weed discussion phase for legalization of marijuana which is a positive indicator for the market growth in forthcoming years.

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