The Cannabis Extract market is estimated to be valued at US$ 10,704.56 Mn in 2023 and is expected to exhibit a CAGR of 17% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

The cannabis extract market comprises concentrated products derived from the cannabis plant. Extracts contain high levels of cannabinoids such as THC and CBD which are responsible for the plants medicinal ... Read more

Cannabis extracts are concentrated forms of marijuana or hemp plant extracts that contain substantial amounts of cannabinoids like THC or CBD. Cannabis extracts are increasingly being used for medical purposes to treat conditions like chronic pain, anxiety, epilepsy and others due to their therapeutic properties. The global cannabis extract market is estimated to be valued at US$ 12,331.66 Bn in 2024 and is expected to exhibit a CAGR of 23% over the forecast ... Read more