Medical Cannabis Market Grows on Increasing Clinical Trials and Approvals

NEW YORK, October 16, 2018 /PRNewswire/ —

According to a report published by Coherent Market Insights, the global medical cannabis market was valued at USD 3.5 Billion in 2017 and is projected to grow at a compound annual growth rate (CAGR) of 24.4% to surpass USD 20.17 Billion by 2025. The report indicated the increasing clinical trials and approvals of medical cannabis products will drive the growth of the market. Medical cannabis is used to develop drugs that will enhance treatment for diseases such as epilepsy and various types of cancers. Additionally, the growing acceptance of the mobile application, e-commerce and digital media is projected to fuel the growth of the medical cannabis market during forecast years. Micron Waste Technologies Inc. (OTC: MICWF), Lexaria Bioscience Corp. (OTC: LXRP), VIVO Cannabis Inc. (OTC: VVCIF), Aurora Cannabis Inc. (OTC: ACBFF), General

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