Report Shows Expansion of Medical Cannabis Fuels the Economy

As the world suffers economic setbacks at an unprecedented rate due to the global pandemic, many states, countries, and other municipalities are turning to legal or medical cannabis to help offset some of the issues being faced. A new, global report clarifies that legalizing cannabis as a medical treatment for more conditions can help fuel the global cannabis market despite the pandemic, which can in turn help feed economies across the globe.

The report, titled Legalizing of Cannabis for the Treatment of Various Diseases Expected to Fuel the Growth of the Global Medical Marijuana Market in Post Pandemic Period, takes a look at the industry specifically from the standpoint of an economy suffering the effects of COVID.

“Global medical marijuana market has experienced a massive downfall in the post pandemic period,” a press release on the report explains. “Nationwide shutdowns and supply chain disruption have hampered the growth of the market. The key players of the market are working on development strategies to sustain the market growth in the post-pandemic period.”

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