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Cannabis Cultivation Market Size to Reach USD 48.53 Billion at a ... - Cottonwood Holladay Journal

technology

According to the latest report, the size for cannabis cultivation market was valued at USD 12.76 billion in 2022, and is anticipated to reach USD 48.53 billion by 2032, exhibiting a CAGR of 16% during the forecast period. The market growth is being primarily fueled by the increasing legalization of cannabis for both medical and recreational use in various countries around the world. Furthermore, the demand for cannabis production is being driven by the growing acceptance of cannabis as a complementary treatment for several diseases.

cottonwoodholladayjournal.com     May 17, 2023