All you need to know about the new craze for marijuana

What you need to know:

  • The global legal marijuana market is expected to reach $146.4 billion by end of 2025, according to a study by Grand View Research, Inc. Growing adoption of marijuana in several medical applications such as cancer, mental disorders, chronic pain and others is expected to propel revenue growth in near future.

  •  Medical marijuana emerged as the largest marijuana type segment in 2016 and is estimated to be valued at $100.03 billion by 2025.

  •  By product type, marijuana buds segment was estimated to be dominant in 2016 with revenue share of 62.9 per cent and is estimated to be valued at $82.9 billion by end of 2025.

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