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0 -0.00502512562814071 -0.0125628140703517 -0.0175879396984924 -0.0100502512562814 0.00502512562814071 0.0125628140703518 0.00502512562814071
Stock impact report

Cannabis Cultivation (Marijuana, Hemp, CBD Oil, Other) Industry Forecast to 2029: Regional Market Insights, Trends & Growth Opportunities, Regulatory Developments and Competitive Analysis ...

Canopy Growth Corporation - Common Shares (CGC) 
Company Research Source: Yahoo! Finance
The Global Cannabis Cultivation Market was valued at USD 43.52 billion in 2023 and is anticipated to record steady growth over the forecast period, with a CAGR of 5.25% through 2029. The global cannabis cultivation market has been experiencing exponential growth, driven by shifting attitudes towards cannabis legalization, expanding medicinal applications, and the emergence of a burgeoning recreational market. As regulatory barriers continue to soften in various parts of the world, the cannabis industry is witnessing a transformation, with cultivation playing a pivotal role in meeting the escalating demand for cannabis-based products. The increasing acceptance of cannabis for medical and therapeutic purposes has propelled the demand for high-quality cultivated strains. Cannabis-derived compounds like cannabidiol (CBD) and tetrahydrocannabinol (THC) have shown promise in treating various medical conditions, including chronic pain, epilepsy, multiple sclerosis, and anxiety disorders Show less Read more
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