Medical Marijuana Market Expected to Grow to $40 Billion by 2028
MedicalJane
OCTOBER 28, 2022
A new report published by The Insight Partners shows that the global medical marijuana market is expected to grow at a CAGR of 19.2% during the forecast period (2022–2028), reaching a value of $40 billion by 2028. The global medical marijuana market size was valued at just $11.70 billion in 2021. The increasing approvals of medical marijuana products and rising acceptance of the medicinal use of marijuana are among the key drivers for this market growth.
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