The Worldwide Cannabis Testing Industry is Expected to Reach $1.8 Billion by 2025
Share this article Share this article ResearchAndMarkets.com's offering. The global cannabis testing market is expected to reach USD 1,806 million by 2025 from USD 962 million in 2020, at a CAGR of 13.4% during the forecast period. The growth in this market is mainly driven by factors such as the legalization of medical cannabis and the growing number of cannabis testing laboratories (specifically in the US), the growing adoption of LIMS in cannabis testing laboratories, and increasing awareness. A lack of uniformity in rules and regulations, high costs, and inadequate personnel are major f...
Source: prnewswire.com