Medical Marijuana Market was valued at US$ 11,706.50 million in 2021 and is projected to reach value of US$ 40,027.59 million by 2028; it is estimated to grow at a CAGR of 19.2% from 2022 to 2028. The report highlights the key factors driving the market and prominent players with their developments. The market's growth is primarily attributed to increasing approvals of medical marijuana products and rising acceptance of the medicinal use of marijuana in America. However, the illegal use of cannabis as a street drug and misconceptions regarding marijuana are negatively impacting the market's growth.
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