Cannabis Makes Medical Inroads as Opioid Epidemic Continues

New York, Feb. 12, 2019 /PRNewswire/ — The opioid epidemic has become a growing concern among many countries worldwide as opioids are commonly used to treat medical conditions such as chronic pain or cancer. However, research has shown that cannabis is linked to successful treatment of the same conditions that opioids are currently used for. Now, many countries worldwide are exploring opportunities in the cannabis market, in an effort to replace opioids with cannabis. According to data compiled by Energias Market Research, the global medical cannabis market is projected to grow from USD 8.28 Billion in 2017 to USD 28.07 Billion in 2024. Additionally, the market is expected to grow at a CAGR of 19.1% during the forecast period. Growing awareness, increasing demand and RD initiatives will all play a part in increasing demand, helping to grow the market. As research continues, other countries may examine

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