Marijuana Market is projected to reach USD 466.81 Billion by 2025, growing at a CAGR of 35.3% from 2018 to 2025

According to Verified Market Intelligence, The Global Marijuana Market was valued at USD 42.20 Billion in 2017 and is projected to reach USD 466.81 Billion by 2025, growing at a CAGR of 35.3% from 2018 to 2025.

Marijuana is also known as cannabis or cannabinoids, obtained from fruiting or flowering tops of the cannabis plant from which the resin has not been removed. It is referred to as the basic extracts or whole unprocessed marijuana plant that is used to treat certain illness or medical conditions. Due to the lack of efficient large-scale clinical trials, marijuana has not been recognized as medicinal by the Food and Drug Administration (FDA). Cannabis plant comprises of about 104 different cannabinoids and around 750 different chemicals such as CBD (cannabidiol), CBN (cannabinol) and THC (delta-9-tetrahydrocannabinol).

To read more…

Share This Post

Related Articles

© 2019 Grow Legal Cannabis. All rights reserved. Site Admin · Entries RSS · Comments RSS
Home   |   Privacy Policy