Cannabis Testing Market - Growth, Trends, Covid-19 Impact, and forecast (2021 - 2027)

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Cannabis Testing
Cannabis Testing

In the future years, the growing demand for testing and quality control of hemp products by cannabis producers will push the industry expansion of Cannabis Testing Market laboratories. Various organizations accredit laboratories that test hemp and cannabis-derived products for analytical purposes. Because cannabis products must be tested to demonstrate their safety and efficacy, the growing demand for cannabis testing services will drive up the number of laboratories offering cannabis testing services.

Cannabis testing is the process of analyzing a single sample of cannabis to identify THC, CBD, and terpene levels, as well as pollutants and impurities such as residual solvents, mold, illness, pests, and pesticide residue. Each state and municipality has the authority to establish its own standards and regulations for what must be tested and printed on cannabis labeling. Individual producers may also choose to adhere to more severe guidelines, even having their samples tested for Cannabis Testing Market and CBG levels. Only certified chemists and lab workers are permitted to conduct this testing. Cannabis production and sales were previously prohibited over the world for numerous years. Many countries are now recognizing the therapeutic benefits of cannabis and lifting their bans.

The COVID-19 pandemic's unexpected emergence has both positive and bad implications for the pharmaceutical and life sciences industries. Low demand for instruments, consumables, and reagents, as well as supply chain interruptions and trade restrictions, have harmed certain market segments more than others. Labs all throughout the world were shut down or operated at a reduced capacity. Instead of doing routine operations, the labs that were open were mostly focused on COVID-19 testing. Due to reasons such as testing lab closures, interrupting supply chains, the general economic recession, and limited migration, the medicinal cannabis sector lost some revenue.

In addition, due to the closure of labs, a decline in the number of cannabis tests performed, and certain restrictions on the import and export of cannabis testing products, many market players providing products and software to the cannabis testing industry saw a drop in sales of instruments and consumables. As a result of these concerns, sales of cannabis testing consumables and devices have decreased, putting the Cannabis Testing Market growth on hold. This was primarily due to a decrease in product purchases, which slowed the expansion of the cannabis testing industry's products and consumables section.


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