Cannabis Testing Market Projected to Reach USD 3 Billion By 2030
According to Custom Market Insights, the global cannabis testing market size is expected to increase from its anticipated value of USD 1.5 billion in 2021 to USD 3.0 billion by 2030, with a compound annual growth rate (CAGR) of around 10.5% from 2022 to 2030. The market of cannabis testing is being driven and restrained by a number of factors, and the report looks at how these factors may affect demand throughout the projected period. The report also examines the market for cannabis testing on a global scale. Cannabis Testing Market: Overview Cannabis sativa, the hemp plant, contains pharmacologically potent substances called cannabinoids. Cannabis is made up of dried cannabis Sativa as well as cannabis indica plant parts such as leaves, flowers, stems, and seeds. Since ancient times, this plant has been used medicinally, primarily as an anti-inflammatory or to treat pain, anxiety, or agitation. Cannabis is one of the most often used narcotics ...