Cannabis Cultivation Market Analysis, Opportunities, Trends, Product Launch

1. Cannabis Cultivation Market Size Worth USD 1,861.39 Billion in 2030 www.emergenresearch.com Increasing legalization of cannabis in various parts of the world is one of the key factors driving market revenue growth . 2

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5. Market Summary The cannabis cultivation market size was USD 322.50 Billion in 2021 and is expected to register a revenue CAGR of 21.9% during the forecast period, according to the latest analysis by Emergen Research. Increasing legalization of cannabis in various parts of the globe and rising demand for hemp-infused edibles are key factors driving growth of the market. The market continues to see strong demand for beverages, candies, and chocolates made from hemp. Such edibles take one to two hours to start producing a euphoric "high," but the impact lasts longer than when smoke or vapor is inhaled. The downsides of edibles, such as unpredictable effects of marijuana after intake, are starting to be resolved because of advances in scientific research and commercial innovation. Read More : https://www.emergenresearch.com/industry-report/cannabis-cultivation-market However, in several parts of North America, Africa, Australia, Europe, and South America, marijuana is nominally recognized as a drug and is permitted for medical usage, but majority of Middle Eastern and Asian nations continue to forbid it. Consumption, possession, purchase, or sale of commodity is illegal and regarded as a crime in developing nations such as Japan, India, and Korea. As a result, it is anticipated that legal environment for these items will prevent the industry from reaching its full growth potential. In addition, growth is also anticipated to be constrained by adverse effects including cognitive impairment linked to its usage as medicine. www.emergenresearch.com

6. Market Summary Some Key Findings From the Report: The cannabis indica segment is expected to register significant market revenue growth. Cannabis indica produces a huge amount of tetrahydrocannabinol. It is often used as a recreational drug, an alternative medicine, and a clinical research chemical because it exhibits euphoric effects at greater THC concentrations. Broad-leaved Cannabis indica plants have traditionally been grown on the Indian subcontinent to produce charas, a type of hashish. Request Free Sample : https://www.emergenresearch.com/request-sample/1192 The medical segment is expected to register a steady growth rate. THC, marijuana's primary psychoactive ingredient, slows progression of Alzheimer's disease. THC slows growth of amyloid plaques by blocking brain enzyme that causes them. Alzheimer's disease may develop as a result of these plaques harming brain tissue. Marijuana may be used to treat glaucoma, which gets worse as eye pressure increases and harms optic nerve and vision. According to the National Eye Institute, marijuana lowers intraocular pressure and helps to prevent negative neurological effects and muscle spasms caused by multiple sclerosis. The Middle East & Africa market is expected to register a considerable growth. The area dominated cannabis cultivation business in terms of revenue share because of quickly evolving laws surrounding cannabis production, consumption, and economic development. Additionally, it is anticipated that growth would be fueled during the forecast period by region's expanding support for hemp and marijuana cultivation through governmental improvements. www.emergenresearch.com

7. Market Summary • Type Outlook (Revenue, USD Billion; 2019–2030) • Cannabis Indica • Cannabis Sativa • Application Outlook (Revenue, USD Billion; 2019–2030) • Recreational • Medical • Industrial Hemp • Request customization of the report @ https://www.emergenresearch.com/request-for-customization/1192 • Regional Outlook (Revenue, USD Billion; 2019–2030) • North America • U.S. • UK • Asia Pacific • Middle East & Africa • Rest of Middle East & Africa

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