Canada Medical Cannabis Market, by Product Type (USD Million), 2018-2027

Year SOLIDS DISSOLVABLES/POWDERS OIL OINTMENTS & CREAMS
2018 $ 238.61 $ 647.8 $ 493.55 $ 81.64
2019 $ 276.05 $ 753.44 $ 580.24 $ 95.47
2020 $ 311.19 $ 853.94 $ 664.72 $ 108.8
2021 $ 342.48 $ 944.93 $ 743.43 $ 121.06
2022 $ 376.38 $ 1044.2 $ 830.3 $ 134.51
2023 $ 413.05 $ 1152.32 $ 926.01 $ 149.25
2024 $ 452.63 $ 1269.89 $ 1031.29 $ 165.39
2025 $ 495.3 $ 1397.56 $ 1146.92 $ 183.02
2026 $ 541.21 $ 1535.95 $ 1273.72 $ 202.25
2027 $ 590.53 $ 1685.74 $ 1412.54 $ 223.2
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Canada Medical Cannabis Market, by Product Type (USD Million), 2018-2027

Synopsis
The above chart is Canada Medical Cannabis Market, by Product Type (USD Million), 2018-2027

Market Dynamics

the demand for medical cannabis in canada has been on the rise in recent years, with an increasing number of patients turning to this alternative medicine for various health conditions. this demand is driven by the wide range of product types available in the market, each catering to different needs and preferences of patients. one of the most popular product types in the canadian medical cannabis market is dried flower. this refers to the raw, cured buds of the cannabis plant that can be smoked or vaporized. many patients prefer this form of consumption as it provides quick relief for symptoms such as pain and nausea. dried flower is also versatile, as it can be used in different strains and potencies to suit the individual needs of patients. another popular form of medical cannabis is oils and tinctures. these products are made by extracting the cannabinoids and terpenes from the cannabis plant and diluting them in a carrier oil. oils and tinctures provide a more concentrated and precise dose of cannabinoids, making them ideal for patients who need a higher potency of medical cannabis. they also offer a discreet and convenient method of consumption, as they can be administered sublingually or added to food and drinks. vaporizers have also gained popularity among medical cannabis patients in canada. these devices heat dried flower or oil to a temperature that vaporizes the cannabinoids without producing smoke. this makes it a healthier alternative to smoking and provides a more controlled and quick onset of effects. vaporizers come in various forms such as tabletop, portable and disposable, catering to the different needs and preferences of patients. topical products, including creams, lotions, and transdermal patches, have become sought-after in the medical cannabis market. these products are applied directly to the skin and are effective in providing localized relief for pain and inflammation. topical products are also popular among patients who want to avoid the psychoactive effects of cannabis, as they do not enter the bloodstream. in addition to these forms, the canadian medical cannabis market also offers capsules, edibles, and concentrates such as shatter, wax, and budder. the availability of such a wide range of product types allows patients to find the most suitable form of consumption for their condition and lifestyle. this diverse market caters to the different preferences and needs of patients, making medical cannabis a viable option for many canadians seeking alternative treatments for their health conditions.

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