The Americas dominated the global medical cannabis market by accounting for the largest share in 2020. This large market share is due to medical cannabis legalization in 37 US states and the increasing adoption of products. The presence of major manufacturers, the rising adoption of medical cannabis products, and an increasing number of companies involved in RD activities are driving the growth of the market in this region. Europe holds a strong share in the global medical cannabis market. It is the second-largest market
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