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Reports Says, “Legal Marijuana Market Worth $66.3 Billion By 2025 | CAGR: 23.9%”

Cannabis Law Report

billion by the end of 2025, according to a new report by Grand View Research, Inc. Increasing need for pain management therapies and growing disease burden of chronic pain among elders is also expected to boost demand. from 2019 to 2025. from 2019 to 2025. from 2019 to 2025. Chronic Pain.

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The benefits of CBD consumption 

The Joint Blog

While some are quick to criticize it and point out its allegedly adverse effects, habitual users swear by it as an often miracle cure for a plethora of conditions. Indeed, only in the United States, it is projected to hit $16 billion by 2025. Pain management . Cannabis consumption is still a polarizing topic.

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MyMD Pharmaceuticals Announces Issuance of New U.S. Patent Covering MYMD-1 in a Method of Treating Sarcopenia

Cannabis Law Report

The issued claims protect the use of MYMD-1 in a method of treatment for the progressive and generalized loss of skeletal muscle mass and strength known as sarcopenia. MYMD-1 also shows promise in pre-clinical studies as a potential treatment for post- COVID-19 complications and as an anti-fibrotic and anti-proliferation therapeutic.

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MyMD Pharmaceuticals Receives FDA IND Clearance to Begin Phase 2 Trial of MYMD-1 for Extending Healthy Lifespan

Cannabis Law Report

Our treatment designed for delaying aging has a distinctive drug profile of oral delivery, selectivity, and very low toxicity as compared with TNF blockers, all of which are delivered by injection only. The Company’s second drug platform, Supera-CBD , is being developed to treat chronic pain, addiction and epilepsy.

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MyMD Pharmaceuticals Announces Fourth Quarter 2021 Initiation of Phase 2 Clinical Trial of MYMD-1 for Extending Healthy Lifespan

Cannabis Law Report

Commenting on the size and scope of the market for delaying aging, Dr. Chapman added, “There are no FDA-approved drugs for treating aging disorders and extending healthy lifespan in humans, a market expected to be at least $600 billion by 2025 1 according to a major investment bank.

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Article: Who is Impacted if Marijuana is Reclassified as a Schedule II Drug

Cannabis Law Report

It is also the first FDA approved drug for the treatment of patients with Dravet syndrome. The pharmaceutical industry would likely have significant opportunities to develop new cannabinoid-based drugs for a multitude of medical conditions now being addressed by medical marijuana. billion in federal tax revenue between 2017 and 2025.

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New York Medical Marijuana Guide

Cannabis Law Report

Researchers predict that the market will be valued at $7 billion by the year 2025. And according to a Nielsen analytical report , the US market of legal marijuana will reach $41 billion in revenue by 2025, meaning that New York will make up close to 17% of the market share. In 2018, the New York legal cannabis market reached $1.8