Tag: asia
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How Much Will Pakistan’s Legal CBD Industry Be Worth?
Cannabis cultivation is not new in Pakistan, however, a push in recent years has started the process of providing a path toward legal cannabis cultivation for the nation’s farmers. The process to legalize limited low-THC cannabis production began in Pakistan in late 2020, but it wasn’t until earlier this year until the nation established a regulatory…
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Global Hemp Clothing Market Size Projected To Reach $23.02 Billion By 2031
The global hemp clothing market is projected to experience significant growth in the coming years, reaching an estimated $23.02 billion by 2031 according to a market analysis by Allied Analytics LLP. “The global Hemp Clothing Market Size was valued at $2.29 billion in 2021, and is projected to reach $23.02 billion by 2031, growing at…
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Global CBD Industry Estimated To Be Worth $36.6 Billion By 2033
The global cannabidiol (CBD) market was worth an estimated $7.6 billion in 2023 according to a market analysis by Market.us, and will climb to a projected $36.6 in value by 2033. “Between 2023 and 2032, this market is estimated to register the highest CAGR of 27%.” the researchers stated. “Because of its therapeutic benefits, there…
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Cannabis Edibles Market Projected To Reach $27.2 Billion By 2030
The global cannabis edibles market is projected to reach $27.2 billion by 2030 according to a market analysis by Fairfield Market Research. For comparison purposes, the same researchers estimated that the global cannabis edibles market was worth $9.6 billion in 2022. “This robust growth will be driven by a multitude of factors, including shifting consumer…
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How Many CBD Consumers Are There In Japan?
A March 2023 analysis by Comprehensive Research Report found that the global cannabidiol (CBD) market is projected to reach $59.43 billion by 2030. The researchers estimated that the global CBD market was worth $18.43 billion in 2022. One nation where CBD products are growing in popularity is Japan. Japan boasts one of the lowest cannabis consumer…