Cannabis Cultivation Market Size Worth USD 1,861.39 Billion in 2030

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Cannabis Cultivation Market Size Worth USD
1,861.39 Billion in 2030
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Increasing legalization of cannabis in various
parts of the world is one of the key factors
driving market revenue growth
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Our Model
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Financial Analysis
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End Use Analysis
Demand Availability Analytics
Market Entry Strategy
Restructuring Revival
New Product Strategy
Product Planning / Strategy
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Customer Identification Survey
Competitive Landscape / MA Feasibility
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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/ca
nnabis-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.
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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
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2 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.
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Market Summary

• Type Outlook (Revenue, USD Billion 20192030)
• Cannabis Indica
• Cannabis Sativa
• Application Outlook (Revenue, USD Billion
  20192030)
• Recreational
• Medical
• Industrial Hemp
• Request customization of the report _at_
  https//www.emergenresearch.com/request-for-custom
  ization/1192
• Regional Outlook (Revenue, USD Billion
  20192030)
• North America
• U.S.
• UK
• Asia Pacific
• Middle East Africa
• Rest of Middle East Africa

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Parameter Details
Market Size Estimation Period 2020-2028
Base Year Considered 2020
Historical Data 2017-2019
Forecast Period 2021-2028
Quantitative Units Revenue in USD million CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization expert consultation
Pricing and Purchase Options Explore Different Purchase Options Request for Discount to Avail New Year Discount
MARKET SEGMENTATION
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Regional Share Dynamics
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