Explore Missouri's Growing Medical Cannabis Market | Quality Products Available
The Missouri medical cannabis market size is expected to reach USD 2.0 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 21.4% from 2023 to 2030. Growing evidence of marijuana's health advantages, rising patient knowledge regarding these benefits, and an increase in the prevalence of chronic conditions are the major factors contributing to the market growth. In addition, since November 2018, Missouri has allowed the cultivation, processing, manufacturing, and distribution of medical cannabis. Since then, a sharp rise has been witnessed in the sales of medical cannabis, thereby impelling the growth in the state. Based on application, the chronic pain segment dominated the market in 2022 with a share of over 25.7% owing to a large patient pool. Pains associated with neurogenic issues, arthritis, low back issues, cancer, headache, neck-related issues, and face-related issues are just a few of the several ...