Tag: global
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How Many Countries Have Legalized Medical Cannabis?
According to a recent study conducted by researchers from Ukraine and France, and published by the U.S. National Institute of Health, 57 countries have adopted medical cannabis legalization measures. Israel was the first country to adopt a national medical cannabis legalization measure (1999), and Ukraine was the most recent (2024) as of the posting of…
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Global Industrial Hemp Market Projected To Reach $25.7 Billion By 2034
The global industrial hemp market is projected to go from the current estimated market value of $6.6 billion in 2024 to $25.7 billion by 2034, according to a new market analysis by Fact.MR. The industrial hemp market will be driven by “a steady CAGR of 14.5% from 2024 onward” according to Fact.MR. “Environmentally conscious consumers…
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Global Cannabis Pharmaceuticals Market Projected To Reach $102.4 Billion By 2030
The global cannabis pharmaceuticals market size is projected to reach $102.4 billion by 2030, expanding at a CAGR of 53.3% from 2024 to 2030, according to a new analysis by Research and Markets. “Growing use of cannabis in various medical applications is driving the global pharmaceutical cannabis market growth. For instance, cannabis is widely used…
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Global Cannabis Testing Market Worth An Estimated $1.8 Billion In 2024
The global cannabis testing market is projected to be worth an estimated $1.8 billion in 2024 according to a new market analysis by Markets and Markets. The testing market is projected to increase to $4 billion in value by 2029 (CAGR of 17.2%). “The important factors impacting market growth are legalization trends and rising medical…
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Global Cannabis Packaging Market Projected To Reach $9.06 Billion By 2030
Research and Markets recently published a new report projecting that the global cannabis packaging market will reach an estimated $9.06 billion in value by 2030, “expanding at a CAGR of 22.7% from 2024 to 2030.” “The growing legalization of cannabis consumption for medical and recreational use is contributing to market growth.” Research and Markets stated…
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Global Cannabis Testing Market Estimated To Grow By $1.5 Billion From 2023-2027
The world’s cannabis testing market is projected to increase in size by $1.5 billion by 2027 according to a new report by Technavio, growing “at a CAGR of about 13.06% during the forecast period.” “The cannabis testing market encompasses a range of applications, including the detection and quantification of heavy metals and residual solvents in…
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The Legal Global Cannabis Market Projected To Reach $125.4 Billion By 2030
A new report published by Research and Markets is projecting that the legal global cannabis market will be worth an estimated $125.4 billion by 2030. Research and Markets also recently published a report projecting that the global medical cannabis sector will be worth$82.5 billion by 2030. “The global market for Legal Marijuana estimated at US$30.6…
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Global Medical Cannabis Market Projected To Reach $82.5 Billion By 2030
The global legal medical cannabis market is projected to reach $82.5 billion by 2030 according to a new report by Research and Markets. The legal medical cannabis market was worth an estimated $32.3 billion in 2023 according to the report. “Extract Form Marijuana, one of the segments analyzed in the report, is expected to record…
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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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Research And Markets Projects $561 Million Global Hemp Fiber Market By 2029
Industry researchers at Research and Markets estimate that the global hemp fiber market will be worth $378.56 million dollars in 2024, and that it will increase in value to a projected $561.8 million by 2029. “The global hemp fiber market is experiencing remarkable growth driven by increasing awareness of its environmental benefits and versatile applications.…