Tag: testing
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Cannabis Testing Services Market Projected To Be Worth $5.87 Billion By 2031
According to a new report by Coherent Market Insights titled, “Cannabis Testing Services Market Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031” the global cannabis testing services market is valued at $2.38 billion in 2024 and will increase in value to $5.87 billion by 2031. “The Cannabis Testing Services market has been growing significantly…
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Global Cannabis Testing Market Projected To Reach $2.4 Billion By 2027
Allied Market Research recently published a new report titled, “Cannabis Testing Market by Product, Test Type, and End User: Global Opportunity Analysis and Industry Forecast, 2019-2027,” and the report is projecting significant growth for the global cannabis testing sector. “The global cannabis testing market was valued at $ 1,029 million in 2019, and is projected…
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How Accurate Are Cannabis Product Lab Tests?
In every legal cannabis market in the United States lab testing is required for cannabis harvests and processing. Testing cannabis for cannabinoid levels and potential contamination is a hallmark of the regulated cannabis industry, and provides the legal industry with a distinct advantage over the unregulated cannabis market. A team of researchers in the United…
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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 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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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…