The cannabis industry is growing at a compounded annual rate of 30%, making it one of the fastest growing sectors in the economy. The resulting investment opportunities have created enormous demand for a credible, compliant research services firm to test and validate the new wave of products seeking market entry.
What are the cannabis market trends?
- Business opportunities exist for those that can help support navigation of newly emerging legal industry.
- Advances in medical cannabis research in Europe and Israel are fueling interest in cannabis therapeutic properties.
- Early stage and well-established healthcare companies are betting big on clinical research producing highly profitable cannabis-based products.