Europe Medical Cannabis Oil Market Set to Reach Valuation of USD 2,395.83 Million by 2032 | Astute Analytica [Yahoo! Finance]
Tilray Brands, Inc. (TLRY)
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Source: Yahoo! Finance
Countries like Germany and the Netherlands are pioneering regulations and investments, fostering innovation, and ensuring quality, thus positioning Europe at the forefront of this emerging industry. New Delhi, July 22, 2024 (GLOBE NEWSWIRE) -- According to Astute Analytica, the Europe medical cannabis oil market was valued at US$ 905.56 million in 2023 and is projected to hit the market valuation of US$ 2,395.83 million by 2032 at a CAGR of 12.8% during the forecast period 2024–2032. The medical cannabis oil market in Europe is poised for substantial growth due to the increasing legalization of cannabis for medicinal use and the evolving perception of cannabis-based treatments among consumers. The prevalence of chronic diseases and the acceptance of cannabis-based medicines are key factors contributing to this market expansion. Furthermore, advancements in clinical trials and regulatory approvals in countries with developed healthcare systems are expected to bolster the market's g
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- 7/29/24 - Beat
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