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Stock impact report

Cannabis Cultivation Market - Global Food Additives, Oils, Tinctures, Cannabis Indica, Cannabis Sativa Forecast 2024-2030 [Yahoo! Finance]

Cannabis Sativa, Inc. (CBDS) 
NASDAQ:AMEX Investor Relations: cannabissativainc.com/investors
Company Research Source: Yahoo! Finance
Additives, Oils, Tinctures), Type (Cannabis Indica, Cannabis Sativa), Source, Application - Forecast 2024-2030" report has been added to ResearchAndMarkets.com's offering. The Cannabis Cultivation Market grew from USD 3.64 billion in 2023 to USD 4.15 billion in 2024. It is expected to continue growing at a CAGR of 14.09%, reaching USD 9.17 billion by 2030. This process requires careful attention to the plant's life cycle, from germination to harvesting, including the control of environmental factors such as light, temperature, humidity, soil pH, and nutrients. The proliferation in cannabis cultivation has been primarily fueled by the expanding legalization of cannabis for both medical and recreational use, which has driven demand and facilitated the establishment of a legal market. Innovations in cultivation technology, such as hydroponics and LED lighting, have also contributed to the sector's growth, alongside an increasing social acceptance of cannabis consumption. However, c Show less Read more
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