Why is SolaWrap™ Films Flourishing in The Cannabis Market? 

Cannabis today is not the Weed of Yesterday

It's not so much that SolaWrap ™ has gone after cannabis growers- the cannabis growers found us. Let's face it, if you are growing medicinal marijuana, you are investing a great deal of money into your crop. It's imperative to growers that they have the best greenhouse film that can stand up to the job.  Add to that the need for a strong greenhouse to house the plants and you have a  SolaWrap Greenhouse.

Try Googling, "The Cannabis Market Boom" and see what you get! You have esteemed periodicals writing articles.

The Global Medical Marijuana Market

The global medical marijuana market is projected to grow at a compound annual growth rate (CAGR) of 23.5% from 2022 to 2028. The market is expected to be driven by the increasing legalization of medical marijuana in countries around the world, the growing number of clinical trials that are demonstrating the efficacy of medical marijuana for a variety of conditions, and the increasing consumer demand for natural and alternative therapies.

According to a report by Grand View Research, the global medical marijuana market was valued at $23.7 billion in 2021 and is expected to reach $189.3 billion by 2028. The report also projects that the North American market will be the largest market for medical marijuana, followed by Europe and Asia-Pacific.

Some of the factors that are driving the growth of the global medical marijuana market include:

• Increasing legalization of medical marijuana: The number of countries that have legalized medical marijuana has been increasing in recent years. As of 2022, there are 39 countries that have legalized medical marijuana, and the number is expected to continue to grow.
• Growing number of clinical trials: There are a growing number of clinical trials that are demonstrating the efficacy of medical marijuana for a variety of conditions. These conditions include chronic pain, nausea and vomiting associated with chemotherapy, muscle spasms associated with multiple sclerosis, and appetite loss associated with HIV/AIDS.
• Increasing consumer demand: There is a growing consumer demand for natural and alternative therapies. Medical marijuana is seen as a natural and effective therapy for a variety of conditions.

The global medical marijuana market is facing some challenges, such as:

• Regulatory challenges: The regulatory environment for medical marijuana varies from country to country. This can make it difficult for companies to operate in the global market.
• Lack of standardized products: There is a lack of standardized products in the global medical marijuana market. This can make it difficult for patients to know what they are getting and how much they need to take.
• Negative public perception: There is still some negative public perception of medical marijuana. This can make it difficult for companies to market their products and for patients to obtain access to medical marijuana.

Despite these challenges, the global medical marijuana market is expected to continue to grow in the coming years. The increasing legalization of medical marijuana, the growing number of clinical trials, and the increasing consumer demand are all expected to drive the growth of the market.

Here's to your health!