“Expansion of Pharmaceutical-Grade Medical Cannabis Products”
- Pharmaceutical companies are increasingly developing standardized, high-purity medical cannabis formulations such as oils, capsules, and sublingual sprays to meet regulatory standards and ensure patient safety
- Growing investments in clinical trials for cannabis-based therapeutics targeting conditions such as epilepsy, multiple sclerosis, and chronic pain are elevating the medical credibility of cannabis products
- The introduction of prescription-only cannabis medications is improving physician confidence and driving higher patient adoption rates in regulated markets
For instance,
- In February 2025, Tilray Brands, Inc. launched a new pharmaceutical-grade CBD oil targeting neurological disorders in Europe
- In November 2024, GW Pharmaceuticals expanded clinical trials for Epidiolex in new therapeutic areas including autism spectrum disorders
- In October 2024, Aurora Cannabis Inc. introduced a GMP-certified medical cannabis capsule line in Canada
- As pharmaceutical-grade products gain traction, the medical cannabis market will see enhanced legitimacy, broader healthcare integration, and stronger patient adherence
Frequently Asked Questions
The key trends in the medical cannabis market is the expansion of pharmaceutical-grade medical cannabis products.
The major factors driving the growth of the medical cannabis market is the rising legalization and favorable regulatory changes.
The primary challenges in the medical cannabis market include limited clinical evidence and physician reluctance.
The Product segment is currently dominating the medical cannabis market, owing to growing preference for topical products such as creams, moisturizers, and serums for pain relief, skin conditions, and anti-inflammatory treatments.
Asia-Pacific is expected to witness the highest growth rate in the medical cannabis market, fueled by increasing government support for medical cannabis research and gradual legalization across emerging economies.