Global Controlled Release Cannabis Pills Market Outlook 2022

Cannabis is a psychoactive drug extracted from a genus of flowering plant of Cannabaceae family. It is also called as, marijuana. Over the last few decades use of cannabis for the medical purpose has increased and is described as medical marijuana. Increasing research in this area has suggested that it can be prescribed to treat a number of health conditions such as, chronic pain, insomnia, muscle spasm, and reduce nausea and vomiting during chemotherapy among other health conditions. Companies are increasingly investing on the research in the field of medical marijuana or cannabis. These research has led to the development of controlled release cannabis pills that can provide long lasting effect.
Controlled release cannabis pills market is expected to show a significant growth over the forecast period owning to the increasing adoption of controlled release cannabis pills or capsule among people and prescribers as these drugs has lower side effects and can be used without much of the concern of feeling of unease. Long lasting effect of controlled release cannabis pills and increasing number of government legalizing distribution of medical marijuana is also expected to fuel the growth of controlled release cannabis pills market. Even though number of government legalizing the medical marijuana is increasing but regulatory bodies are posing as a restraint for the growth of controlled release cannabis pill market as they cannot legalize the use of narcotic substances under federal law.

The global Controlled Release Cannabis Pills market was valued at US$ million in 2020 and is expected to reach US$ million by the end of 2027, growing at a CAGR of % during 2021-2027.
This report focuses on Controlled Release Cannabis Pills volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Controlled Release Cannabis Pills market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

Global Controlled Release Cannabis Pills Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
High THC Capsule
THC/CBD Balanced Capsules
High CBD Capsules

Segment by Application
Hospital Pharmacies
Retail Pharmacies
Drug Stores
Online Sales

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
Cannabics Pharmaceuticals
Wana Edibles
Intec Pharma