Cannabis Testing Market: Industry Analysis, Opportunity and Forecast to 2030
Cannabis Testing Market 2021 Astonishing growth in Cannabis Testing Market is expected to reach US$ 1,696.3 million by 2027, growing at an estimated CAGR of 14.4% over the forecast period The potency level and the potential of abuse of marijuana makes its use difficult even for medicinal purposes. After the declaration of marijuana as a “Schedule 1’ drug by the United States Drug Enforcement Administration, the transportation and handling of cannabis has been difficult. With the effort of many organizations who see the actual potential of recreated marijuana in medicinal applications, countries are now legalizing marijuana partially or fully. This has created a path of growth for many pharmaceutical companies in the region. For instance, The Aurora Cannabis, one of Canada’s largest licensed cannabis producers have recently signed a medical cannabis supply deal with Mexican pharmaceutical company Farmacias Magistrales. This exclusive strategic partnership makes the Mexican based