Global Cannabis Seed Market Expected To Reach $6.5B By 2031
The global cannabis seed market is expected to experience substantial growth over the coming years, with a projected value of $6.5 billion by 2031, according to Allied Market Research. As Cannabis & Tech reported, the market was valued at $1.3 billion in 2021 with the sector’s compound annual growth rate estimated at 18.4%.
Global Market Tailwind
This expansion is fueled by changing legislation worldwide, making cannabis seeds more accessible. In Germany, where laws now allow adults to cultivate up to three …