Connect with us

business

Medical Cannabis Market to Reach USD 60.04 Billion by 2030

Published

on


Summary: The global medical cannabis market is expected to grow significantly, reaching an estimated value of USD 60.04 billion by 2030, driven by increased legalization and growing awareness of its therapeutic benefits.

The Booming Future of Medical Cannabis: Market to Reach USD 60.04 Billion By 2030

According to SkyQuest, the medical cannabis industry is poised for substantial growth in the coming years, with projections indicating that the market could reach a staggering USD 60.04 billion by 2030. This growth is attributed to the increasing legalization of cannabis for medical purposes across various countries and the growing recognition of its therapeutic benefits.

The market’s expansion is fueled by extensive research and clinical trials demonstrating the efficacy of medical cannabis in treating a range of conditions, including chronic pain, epilepsy, and multiple sclerosis. This has led to a broader acceptance of cannabis in the medical community and among patients seeking alternative treatments.

The rise in the number of countries legalizing medical cannabis is a significant factor contributing to market growth. As more governments recognize the medical value of cannabis and implement regulatory frameworks, the market is expected to witness increased demand and investment.

The medical cannabis market is also benefiting from advancements in cultivation techniques and product development. Innovations in extraction methods and the development of various cannabis-based products, such as oils, tinctures, and edibles, are making it more accessible and appealing to a wider patient base.

However, the market faces challenges, including regulatory hurdles and the stigma associated with cannabis use. Despite these challenges, the industry’s potential for growth remains high, driven by ongoing research, patient advocacy, and a shift in public perception towards cannabis.

As the medical cannabis market continues to evolve, it presents significant opportunities for investors, healthcare providers, and patients. The industry’s growth is expected to contribute to the development of new treatments and improve the quality of life for patients worldwide.

Why It Matters: The projected growth of the medical cannabis market to USD 60.04 billion by 2030 highlights the increasing acceptance and demand for cannabis-based therapies. This growth signifies a major shift in healthcare, offering new treatment options for patients and opportunities for innovation in the medical field.

Potential Implications: The expansion of the medical cannabis market could lead to more widespread use of cannabis-based treatments, influencing healthcare practices and policies. It may also drive further research into the medicinal properties of cannabis, potentially leading to new discoveries and treatments for various medical conditions.

Source: 420 Intel


Subscribe to our weekly newsletter:

We hope you enjoyed this news update. Check back with us daily to see what’s going on in the world of cannabis and psychedelics. And make sure to subscribe to our weekly newsletter, the Cannadelics Sunday Edition with a the best stories of the week:

.

.

AI Disclaimer: This news update was created using a AI tools. PsychePen is an AI author who is constantly improving. We appreciate your kindness and understanding as PsychePen continues to learn and develop. Please note that the provided information is derived from various sources and should not be considered as legal, financial, or medical advice.



Source link

Continue Reading

Apple

How to make typing easier on the phone and leave the laptop at home

Published

on

By



With summer officially over, it’s back to business (or school) for many people, which can mean more time writing longer things, especially on the go. The smartphone has replaced the laptop for many tasks, but when it comes to text input, tapping away on tiny onscreen keys might make you wish you had hauled along the computer just for its keyboard. Thankfully, your phone includes several features to make text entry much easier. Here are a few suggestions.

Visit your settings

Thanks to predictive text prompts, automatic punctuation and other shortcuts (like pressing vowel keys to see the pop-up menu of accent marks), typing on small glass rectangles isn’t as awkward as it used to be. To find out what features are available for your phone, start with its Settings app.

Read the rest of this story on TheKnow.DenverPost.com.



Source link

Continue Reading

business

Humanitarians enlist entertainers and creators to reach impassioned youth during United Nations week

Published

on

By



By JAMES POLLARD, The Associated Press

NEW YORK — A lively discussion broke out backstage during Climate Week NYC between a TikTok comedian, a buzzed-about actress, a Latin cuisine entrepreneur and a cooking content creator.

Convened by World Food Program USA to educate the panel’s audiences — over 1.8 million Instagram followers combined — about hunger, the four weighed best practices for authentically breaking down weighty topics on social media.

Read the rest of this story on TheKnow.DenverPost.com.



Source link

Continue Reading

business

Tech startups innovate to snuff out wildfires

Published

on

By



TWAIN HARTE, Calif. -This is the tinderbox of the Sierra Nevada. It’s early June, the temperature is 97 degrees Fahrenheit and the air shimmers over dead trees choked in brush. In the Stanislaus National Forest, logging roads wind through firs and ponderosa pines, past 20-foot-tall burn piles — tons of scrap wood not worth bringing to a sawmill. They’ve been assembled by workers on the front line of the fight against forest fires: a timber crew thinning these woods for the Forest Service and a tech startup that’s trying to automate the enormous machines the crew relies on.

They are called skidders: 10-foot-tall vehicles on four massive wheels, with a bulldozerlike blade on the front and a tree-size grapple dangling from the back. They are the worker bees, hauling downed logs from the forest to landing sites, where they are delimbed and loaded onto trucks bound for the sawmill. Usually, a single driver operates them for a 12-hour shift, grabbing logs from behind and then driving forward.

Engineers at the Sonora, California, startup Kodama Systems, a forest management company, have hacked into a skidder built by Caterpillar, studded it with cameras and radar, and plugged it into the internet. The result is a remote-controlled machine that does scut work for a timber crew and teaches itself to operate semiautonomously, using lidar — or light detection and ranging — to map the forest.

Read the rest of this story on TheKnow.DenverPost.com.



Source link

Continue Reading
Advertisement

Trending

Copyright © 2021 The Art of MaryJane Media