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Research Company Says That NY Cannabis Market To Be Worth Over $US7 Billion By 2025

Cannabis Law Report

billion by 2025, according to a new report by Grand View Research, Inc., Cannabis sales are increasing due to its medical benefits, especially in the treatment of ailments such as chronic pain, mental disorders, and cancer. This is fueling the need for effective pain management programs and treatments for such disorders.

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

Cannabis Law Report

For example, there is a growing body of evidence that marijuana is working for chronic pain. Whether or not the pharmaceutical industry can produce a substance they can call a drug that would be approved for a pain indication remains the question,” [xiv]. billion in federal tax revenue between 2017 and 2025. xv] [link].

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New York Medical Marijuana Guide

Cannabis Law Report

The Department of Health conducted a formal study on this topic in 2018. In 2018, the New York legal cannabis market reached $1.8 In 2018, the New York legal cannabis market reached $1.8 Researchers predict that the market will be valued at $7 billion by the year 2025. Current situation and fight for recreational use.

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Meritas Law Firms Worldwide Article: Global Cannabis Industry: The Essential Primer

Cannabis Law Report

Some of the potential health benefits associated with THC and CBD, with and without the high, respectively, include reducing chronic pain such as from migraines or cancer, alleviating anxiety, reducing inflammation, and helping treat conditions such as epilepsy, PTSD, and glaucoma. North America at the Forefront. plants with.3%

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