As per the report published by Fior Markets, the global cannabis testing market is expected to grow from a CAGR of 14% during the forecast period 2020-2027. The report focuses specifically on the testing market. The global cannabis testing market is witnessing significant growth in recent years. This growth is attributed to the growing number of medical applications of cannabis. On the basis of end-user, the global cannabis testing market is segmented into laboratories, cannabis cultivators, research institutes, and drug manufacturers & dispensaries. The laboratories segment dominated the market and held the largest share of 31.2% in the year 2019. Additionally, the Global Cannabis testing market is expected to reach USD 4.87 billion by 2027 according to the Fior report.
Mmp News Author, Medical Marijuana Program Connection, 10/05/2020 23:25:32
Open article: https://mmpconnect.com/global-cannabis-testing-market-is-expected-to-reach-usd-4-87-billion-by-2027-fior-markets/