Cannabis was one of the most known natural medical treatments in old times. However, somewhere along the way, we forgot the benefits of it, we made it illegal, and consequently, stopped almost all research. Luckily, that’s about to change. With the recent fight for legalization throughout the world, more and more studies are being made and we learn what cannabis can really do for us.
So far, the results are mind-blowing! The health benefits from medical cannabis use are beyond everything we could have ever imagined, and the industry is making a huge impact on the world too.
Health Benefits from Cannabis Use
For example, research has shown cannabis is one of the best painkillers to this date. It has the ability to reduce chronic and acute pain with minimal or no side effects (depending on the duration of the treatment).
In comparison, all other painkillers have a list full of side effects, with the risk of addiction even after short use. That’s why almost 63% of people with a license to take medical cannabis are using it for dealing with pain.
Migraines are another painful medical condition that has yet to be explained or treated effectively by doctors. They are linked to excessive neurogenic inflammation, which, luckily, can be treated or even cured by cannabis because of its anti-inflammatory effects.
Cannabis can also be very helpful in reducing multiple sclerosis symptoms because of its ability to control muscle tone, which in turn can greatly improve the severity and frequency of spasticity and tremors. It can also reduce stiffness and muscle spasms.
Another area where cannabis shows great potential is treating the devastating symptoms of cancer treatment. In clinical trials, THC reduces chemotherapy-induced vomiting with greater success than any other available treatments. Chemotherapy can also cause nerve damage, causing numbness, weakness, and pain. Several studies have shown us that cannabis can have a positive effect on this as well.
And last but not least, cannabis use can make a great difference in our battle with psychological disorders. It shows the most promise in treatments for depression, ADHD, and PTSD. The best part? Cannabis helps these areas of our mental health more effectively than other medical treatments, with almost no side effects.
All these results caused 8 out of 10 doctors to support the legalization of medical cannabis. Last year, 93% of American voters supported the legalization of medical cannabis.
As you can see, cannabis use can have an amazing impact on human health, and we are becoming more and more aware of that, but we must not forget the side effects. Moderation is the key to successful treatment with little or no side effects, but if prolonged use is necessary, there are a few things that have to be remembered.
Health Risks from Cannabis Use
Contrary to popular belief, cannabis can cause mild addiction. It can also cause breathing problems, cavities, and gum disease. It might have negative effects on people with known (or hidden) heart problems because it increases the heart rate. Smoking cannabis impairs cognitive skills and may cause paranoia. It is also not recommended for use during pregnancy or if you are trying to conceive because it lowers the level of testosterone.
One research even showed that people who started smoking cannabis as teens and continued into adulthood lost an average of 8 IQ points between the ages of 13 and 38.
In other words, cannabis can be dangerous. But as we have already mentioned, in moderation and with doctor’s consult, it could be life-changing.
Keeping all this in mind, it’s no wonder the medical cannabis industry is worth staggering $5.1 billion. The more we research the positive impact of this drug, the more physicians are recommending it as a therapy for treating health conditions and symptoms — especially those that may seem untreatable.
Rise of the Cannabis Industry
Medical cannabis is only 1/4 of the cannabis industry, which is worth $13.8 billion. The other areas of the industry are recreational cannabis (used to intentionally experience its mind-altering effects) – worth $3.2 billion, CBD oil (non-psychoactive nutritional supplement made from cannabis or hemp and used to promote wellness) – worth $202 million, and hemp (versatile industrial crop) – worth $820 million.
And this is only the beginning. The cannabis industry is expected to grow at a rate of 21% per year. It is expected to reach a worth of $57 billion worldwide! According to experts, the recreational market will cover 67% of the spending and medical cannabis will fill in the rest 33%. The most interesting part? Prices will go down due to oversupply – from 35% to 50%!
Another interesting prediction is that Europe will become the largest medical cannabis market in the world in 2027. They already have a budget of $1.3 trillion in health care spending. It looks like Germany might be the leader of the European cannabis market, with Italy being a close second.
These figures are the reason why more and more cannabis startups and businesses are being created and more and more people are starting a career in the industry. This will make perfect sense once you realize that entry-level pay for growers is from $40.000 to $60.000. Pharmacologists also start at $40.000 but they can make up to $100.000 per year if they manage several dispensaries.
Another interesting fact is that in 2018, women held around 36% of all executive positions. In comparison, they hold around 15% of these positions in other industries.
There is no doubt that the cannabis industry is one of the fastest-growing ones in the world. And that it will change the world. The research of medical cannabis is helping us see both physical and psychological conditions in a new way, giving us fresh ideas and methods of fighting, even for those conditions that seemed untreatable until recently. It opens the door to a lot of possibilities and it helps us to see what was previously hidden.