{"id":4640,"date":"2019-04-03T17:18:41","date_gmt":"2019-04-03T11:48:41","guid":{"rendered":"https:\/\/www.delveinsight.com\/blog\/?p=4640"},"modified":"2024-06-12T16:20:09","modified_gmt":"2024-06-12T10:50:09","slug":"what-can-be-the-scope-of-medical-marijuana","status":"publish","type":"post","link":"https:\/\/www.delveinsight.com\/blog\/what-can-be-the-scope-of-medical-marijuana","title":{"rendered":"What can be the scope of Medical Marijuana?"},"content":{"rendered":"\n<h4 class=\"wp-block-heading\" id=\"h-what-exactly-is-marijuana\"><strong>What exactly is\nMarijuana? <\/strong><\/h4>\n\n\n\n<p>In a layman language, Marijuana is the dried buds and leaves of a plant <strong>Cannabis sativa<\/strong> favored in warm, wild tropical climates. Earning names like pot, ganja, weed, hemp, hash, etc. it contains around 104 active <strong>cannabinoids <\/strong>(<strong>CBD<\/strong>). What they do is, they mimic the signal producing chemicals. Each cannabinoid acts differently on a different receptor and produces intoxicating effects. Amongst all <strong>delta-9-tetrahydrocannabinol (THC) is the most active one.<\/strong> As reported by the users it results in an adrenaline boost, labeled as <strong>\u201ca high\u201d. <\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-marijuana-and-laws\"><strong>Marijuana and laws<\/strong><\/h4>\n\n\n\n<p>Marijuana laws are changing rapidly. Different countries have different laws when it comes to the use of marijuana. Some have decriminalized its use totally, some have approved only its medicinal use but most of the countries in the world still feel the need of putting an illegal tag on marijuana. The fight is all about the <strong>legalization<\/strong> <strong>of<\/strong> <strong>marijuana<\/strong>. <br><strong>Why legalize it? <\/strong>Because several studies have shown the inhalation of marijuana helps in treating nausea and vomiting after <strong>cancer<\/strong> chemotherapy. Two cannabinoids medicines <strong>dronabinol<\/strong> (Marinol, <g class=\"gr_ gr_21 gr-alert gr_spell gr_inline_cards gr_run_anim ContextualSpelling ins-del multiReplace\" id=\"21\" data-gr-id=\"21\">Syndros<\/g>) and <strong>nabilone <\/strong>(Cesamet) have been approved by the FDA It also helps in increasing the intake of food for <strong>HIV<\/strong> patients. Marijuana inhaled can help in lower down the neuropathic pain as well. The <strong>FDA <\/strong>has also approved <strong>Epidiolex-\u00a0<\/strong>made\u00a0from\u00a0CBD for treating seizures associated with <strong><a href=\"https:\/\/www.delveinsight.com\/report-store\/epilepsy-market\">epilepsy<\/a><\/strong>,<strong> <a href=\"https:\/\/www.delveinsight.com\/report-store\/lennox-gastaut-syndrome-market\">Lennox-Gastaut syndrome<\/a>,<\/strong> and <strong><a href=\"https:\/\/www.delveinsight.com\/report-store\/dravet-syndrome-market-insights-epidemiology-and-market-forecast\" class=\"ek-link\">Dravet syndrome<\/a><\/strong> which are hard to treat. Further, it might be helpful in treating <strong>mental illness<\/strong>. Recent animal research hinted that marijuana extracts might be able to kill certain types of <strong>cancerous <\/strong>cells. <\/p>\n\n\n\n<p class=\"has-background\" style=\"background-color:#cde7cf\">Around 3-4 decades ago, the legalization of Medical Marijuana could have been considered a wild-goose chase. In 1969, only 12.5% of Americans were in favor of legalizing marijuana. But in a recent survey, 66% of the U.S. residents supported the cause. And at present, around 22 states in <strong>America<\/strong> including Massachusetts, Michigan, and Nevada have fully legalized its use. In <strong>Canada<\/strong> too Marijuana enjoys fully legal status for both medicinal and recreational purpose. Although in <strong>Australia<\/strong> only the authorized medicinal use has been legalized so far. But not everywhere the case is the same. In <strong>China<\/strong> and <strong>Japan,<\/strong> marijuana has stayed illegal ever since the early 1980s. <\/p>\n\n\n\n<p>According to the <strong>US Drug Enforcement Administration (DEA), <\/strong>at present Marijuana is listed under <strong>Scheduled-I controlled substance <\/strong>i.e. they cannot be possessed, or sold but can be used for medicinal use. <br>The use of Marijuana isn\u2019t new. Humans have been using them for decades. But the understanding of different compounds and how the human body responds to them is still new and not yet fully explored.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-marijuana-and-the-market\"><strong>Marijuana and the\nMarket<\/strong><\/h4>\n\n\n\n<p>In the States where Medical Marijuana&#8217;s use has been approved, there are certain laws for which it can be used. So far the marijuana can only be prescribed for serious indications like Cancer, <a href=\"https:\/\/www.delveinsight.com\/report-store\/glaucoma-market\">Glaucoma<\/a>, <a href=\"https:\/\/www.delveinsight.com\/report-store\/alzheimers-disease-ad-market\">Alzheimer\u2019s<\/a>, <a href=\"https:\/\/www.delveinsight.com\/report-store\/hiv-attachment-inhibitor-pipeline-insight\">HIV<\/a>\/<a href=\"https:\/\/www.delveinsight.com\/report-store\/aids-related-kaposis-sarcoma-market\">AIDS<\/a>, etc. and that too only when the other alternatives to reduce chronic pain, and nausea fail to show any improvements. Legalization of Marijuana brought a wave of happiness for many. There are many signs that show that the Marijuana industry is skyrocketing. As per a new report by <strong>Leafly and the<\/strong> <strong>consultancy Whitney Economics<\/strong>, the US added 64,389 full-time legal cannabis jobs in 2018, forecasting the growth rate of jobs by 110% by 2020<strong>. Legal Marijuana Market <\/strong>is experiencing new advancements in technology and research domains. Canada, Australia, and the U.S.A are going to come up as key emerging players in the <strong>Global Marijuana Market. GW&nbsp;Pharmaceuticals&nbsp;<\/strong>is the first ever company which won approval from the FDA for its <strong>Epidiolex <\/strong>for&nbsp;treating hard to treat seizures. It is also the manufacturer of <strong>Sativex-&nbsp;<\/strong>made&nbsp;from&nbsp;natural&nbsp;marijuana&nbsp;extracts,&nbsp;for treating <strong>neuropathic pain<\/strong> and spasticity in patients with <strong>Multiple Sclerosis.<\/strong> <strong class=\"\"><g class=\"gr_ gr_16 gr-alert gr_spell gr_inline_cards gr_run_anim ContextualSpelling ins-del multiReplace\" id=\"16\" data-gr-id=\"16\">Tiliary<\/g><\/strong>&#8211; the Canadian marijuana company in collaboration with <strong>Novartis <\/strong>subsidiary <strong>Sandoz <\/strong>has been selling marijuana to countries where it is has been legalized. <strong>Unimed Pharmaceuticals<\/strong>, a subsidiary of <strong>Solvay Pharmaceuticals <\/strong>got its <strong>Dronabinol<\/strong> approved for treating vomiting, nausea, and stimulating appetite in patients suffering from AIDS. <br>Some of the other key players testing waters in the legal marijuana industry are<strong> Canopy Growth Corporation, Aphria, Inc., Aurora Cannabis, <g class=\"gr_ gr_15 gr-alert gr_spell gr_inline_cards gr_run_anim ContextualSpelling ins-del multiReplace\" id=\"15\" data-gr-id=\"15\">Maricann<\/g> Group, <\/strong>and many more.<strong> &nbsp;<\/strong><\/p>\n\n\n\n<p>Growing liking and acceptance for <strong>medical marijuana <\/strong>and the frequency of use has led to a hike in investment in the <strong>legal marijuana industry<\/strong>. The time is not far when<strong> Retail Cannabis <\/strong>will be a common daily affair. <strong>&nbsp;<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What exactly is Marijuana? In a layman language, Marijuana is the dried buds and leaves of a plant Cannabis sativa favored in warm, wild tropical climates. Earning names like pot, ganja, weed, hemp, hash, etc. it contains around 104 active cannabinoids (CBD). What they do is, they mimic the signal producing chemicals. Each cannabinoid acts [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4641,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[17],"tags":[2257,17701,137,2887,3074,16668,2885,1494,2828,2889,297,17353,3076,3071,3073,1497,423,3072,940,17702,3079],"industry":[17225],"therapeutic_areas":[17229,17245,17234],"class_list":["post-4640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-aids","tag-alzheimers","tag-cancer","tag-cannabinoid","tag-cannabis","tag-dravet-syndrome","tag-epidiolex","tag-epilepsy","tag-glaucoma","tag-gw-pharmaceuticals","tag-hiv","tag-lennox-gastaut-syndrome","tag-marijuana-industry","tag-marijuana-market","tag-medical-marijuana","tag-multiple-sclerosis","tag-novartis","tag-retail-marijuana","tag-sandoz","tag-solvay-pharmaceuticals","tag-unimed-pharmaceuticals","industry-pharmaceutical","therapeutic_areas-central-nervous-system","therapeutic_areas-neurology","therapeutic_areas-rare-diseases"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.8 (Yoast SEO v25.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What can be the scope of Medical Marijuana? | DelveInsight<\/title>\n<meta name=\"description\" content=\"Around 3-4 decades ago, the legalization of medical Marijuana could have been considered a wild-goose chase. 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Sclerosis<\/a>","<a href=\"https:\/\/www.delveinsight.com\/blog\/articles\/\" class=\"advgb-post-tax-term\">Novartis<\/a>","<a href=\"https:\/\/www.delveinsight.com\/blog\/articles\/\" class=\"advgb-post-tax-term\">retail marijuana<\/a>","<a href=\"https:\/\/www.delveinsight.com\/blog\/articles\/\" class=\"advgb-post-tax-term\">Sandoz<\/a>","<a href=\"https:\/\/www.delveinsight.com\/blog\/articles\/\" class=\"advgb-post-tax-term\">Solvay Pharmaceuticals<\/a>","<a href=\"https:\/\/www.delveinsight.com\/blog\/articles\/\" class=\"advgb-post-tax-term\">Unimed Pharmaceuticals<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">AIDS<\/span>","<span class=\"advgb-post-tax-term\">Alzheimer\u0092s<\/span>","<span class=\"advgb-post-tax-term\">Cancer<\/span>","<span class=\"advgb-post-tax-term\">cannabinoid<\/span>","<span class=\"advgb-post-tax-term\">cannabis<\/span>","<span class=\"advgb-post-tax-term\">Dravet syndrome<\/span>","<span 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