Pain Relieving Qualities of Cannabis Praised as its Medical Market Prospers

NEW YORK, January 30, 2019 /PRNewswire/ —

FinancialBuzz.com News Commentary 

Cannabis is progressively being applied within the medical sector in an effort to treat moderate to severe conditions. More commonly, patients are using cannabis to manage pain and treat ailments like cancer, HIV/AIDS, seizures, muscle spasms, and nausea. The demand for medical cannabis is predominately being accelerated by the chronic pain segment. A survey conducted by the National Health Interview Survey (NHIS) shows that 25 million people in the U.S. suffer from daily pain complications. As legalization continues to sprawl around the globe, countries are transitioning from traditional therapies or drugs to the plant. According to data compiled by Global Market Insights, the medical cannabis market was valued at over USD 7 Billion in 2017 and is expected to witness more than a 36% CAGR from 2018 to 2024. The pain management market held approximately 75% of the total

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