Industry Analysis & Industry Trends
For decades, all marijuana transactions in the United States were conducted under implicit or explicit prohibition. States have increasingly moved to legalize marijuana for medical purposes, though, as well as to implement regulations for organizations that produce and distribute cannabis. The growing acceptance of medical marijuana is providing operators and investors with unprecedented opportunities. Furthermore, the federal government has signaled its tacit acceptance of these state actions. Consequently, the Medical Marijuana Growing industry is expected to experience annualized revenue growth of 13.8% to $1.7 billion in the five years to 2013.... purchase to read more
Industry Report - Industry Products Chapter
Products and Services are segmented by the two strains of medical marijuana that are primarily used in the United States.
Indica marijuana can be used to treat anxiety, chronic pain, insomnia and muscle spasms. In general, indica provides more physical relaxation in comparison to the second strain, sativa. Common indica strains include White Berry, Blueberry and Northern Lights. Some patients also use indica as a sleep aid because it can cause sleepiness. Over the past five years, demand for indica was relatively stable because it treats a wide range of illnesses. In 2013, indica is expected to generate 56.1% of industry revenue... purchase to read more