Cannabis Technology Market to Witness High Growth Owing to Advanced Extraction

Global Cannabis Technology Market is estimated to be valued at USD 5.15 Bn in 2025 and is expected to exhibit a CAGR of 25.6% over the forecast period 2025 to 2032.

The Cannabis Technology Market encompasses a wide range of innovative equipment and processes, including precision extraction systems, cultivation automation, analytical testing platforms, and bioreactor-based production. These technologies enhance active compound yield, ensure consistent quality, and streamline compliance with regulatory bodies. As legalization expands and consumer demand for standardized, lab-tested products grows, companies are investing in scalable solutions that support traceability and optimize resource utilization. Such advancements address market challenges around product consistency and sustainability, while driving business growth across global segments.

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