Category: Sector Data
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Cannabis Drying And Curing Equipment Market Expected To Reach $248.7 Million By 2030
The cannabis cultivation process involves several steps and stages, from the start of germinating a seed or propagating a clone, all the way to the point that a person is consuming the cannabis via whatever consumption method they prefer. Every stage of the process is important and will ultimately affect the final outcome. One faulter…
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Grow Light Market Expected To Reach $1.2 Billion By 2031
Various industries make use of artificial lighting for cultivation purposes, however, the emerging legal cannabis industry is undoubtedly one of the biggest driving forces for the indoor grow lighting sector right now, and that trend will only increase in the coming years. Many cannabis cultivation operations are located outdoors. Yet, even many greenhouse operations still…
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59% Of Americans Agree That Home Cultivation Should Be A Right
An increasing number of jurisdictions are permitting cannabis consumers and patients to cultivated cannabis in their private residences. The most recent one is Germany, where the nation’s new adult-use cannabis legalization measure went into effect on April 1, 2024. Adults in Germany, aged 18 and older, can now cultivate up to three plants in their…
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61% Of Surveyed Home Cannabis Cultivators Plan To Use Seeds
Cultivating cannabis at home is one of the funnest and most-rewarding things that a cannabis consumer or patient can do. Home cultivation provides a number of benefits, including the flexibility to decide what cannabis plants are fed with and other aspects of how they are cared for. Home cannabis cultivators, whether they are growing their…
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Global Cannabis Testing Market Was Worth An Estimated $2.54 Billion In 2023
The emerging legal global cannabis industry is currently a patchwork of laws and regulations, with policies differing from jurisdiction to jurisdiction. However, one common component of regulated markets is the requirement that cannabis harvests be tested for contaminants. Most legal markets also require testing to determine various cannabinoid levels. Cannabis testing serves an important role…
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Global Cannabis Edibles Market Projected To Grow By $25.27 Billion By 2027
Cannabis edibles have come a long way from the days when someone making cannabis-infused brownies was considered to be a rarity for most consumers and patients. These days, cannabis consumers in legal markets often have a buffet of cannabis edible products from which to choose from when making their purchases at dispensaries. In states like…
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Global Cannabis Handheld Vaporizer Market Projected To Reach $15.9 Billion by 2031
The emerging global legal cannabis industry is made up of various sectors, with some of them possessing more potential than others. One sector that is sure to increase in size and worth in the coming years is the cannabis consumption devices sector. In comparing the legalization models of different jurisdictions, it doesn’t take long to…
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Global Hemp Fiber Market Projected To Reach $73.55 Billion By 2030
Humans have used the hemp plant to make fibers for a multitude of purposes for centuries. In fact, archaeologists and historians have confirmed that ancient civilizations in China used hemp fiber to make pottery going as far back as 4,000 BCE. Hemp fiber has a number of uses, including but not limited to: Making paper…
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CBD Skin Care Market Forecast To Reach $14 Billion By 2030
Certain sectors of the emerging legal cannabis industry have the potential to experience a massive boost in demand in the coming years for various reasons, and one of those sectors is cannabis topicals and skin care. According to Grand View Research, the global skin care market was worth an estimated $135.83 billion in 2022. Cannabis…