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LONDON--(BUSINESS WIRE)--Technavio has been monitoring the medical marijuana market and it is poised to grow by $ 22.33 bn during 2020-2024, progressing at a CAGR of over 24% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavios in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization The market is highly fragmented, and the degree of fragmentation will accelerate during the forecast period. Aphria Inc., Aurora Cannabis Inc., Cannabis Sativa Inc., Canopy Growth Corp., Cronos Group Inc., GW Pharmaceuticals Plc, mCig Inc., Medical Marijuana Inc., United Cannabis Corp., and Vivo Cannabis Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing The increasing production of medical marijuana has been instrumental in driving the growth of the market. Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts Medical Marijuana Market 2020-2024: Segmentation Medical Marijuana Market is segmented as below: Medical Marijuana Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The medical marijuana market report covers the following areas: This study identifies the increase in funding for research and the production of medical marijuana as one of the prime reasons driving the medical marijuana market growth during the next few years. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Medical Marijuana Market 2020-2024: Key Highlights Table of Contents: PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT PART 03: MARKET LANDSCAPE PART 04: MARKET SIZING PART 05: FIVE FORCES ANALYSIS PART 06: MARKET SEGMENTATION BY APPLICATION PART 07: CUSTOMER LANDSCAPE PART 08: GEOGRAPHIC LANDSCAPE PART 09: DECISION FRAMEWORK PART 10: DRIVERS AND CHALLENGES PART 11: MARKET TRENDS PART 12: VENDOR LANDSCAPE PART 13: VENDOR ANALYSIS PART 14: APPENDIX PART 15: EXPLORE TECHNAVIO About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Answer: COVID-19 Recovery Analysis: Medical Marijuana Market 2020-2024 | The Increasing Production Of Medical Marijuana to boost the Market Growth | Technavio