Cannabis Testing Services Market 2030: A Deep Dive into Potency Testing Innovations
Cannabis Testing Services Market Growth & Trends The global cannabis testing services market size is expected to reach USD 5.39 billion by 2030, registering a CAGR of 17.21% from 2024 to 2030, according to a new report by Grand View Research, Inc. Several nations across the globe have legalized cannabis for medical and recreational purposes, which has led to the recognition of the medicinal benefits of cannabis and cannabis-infused products. For instance, in April 2024, Germany legalized cannabis for recreational purposes, and under this law, adults over 18 can possess 25 grams of dried cannabis and grow up to three marijuana plants at home. Moreover, research has revealed that cannabis can provide significant relief from adverse effects, such as chronic pain associated with multiple sclerosis and chemotherapy-induced nausea. Such factors boost market growth. Cannabis extracts are utilized to treat multiple mental and neurological disorders. With the growing incidence of...