US Cannabis Testing Service Market Seeking Growth from Emerging Markets, Sourcing Strategy and Downstream Buyers To 2027

1. US Cannabis Testing Service Market Seeking Growth US Cannabis Testing Service Market Seeking Growth from Emerging Markets, Sourcing Strategy and from Emerging Markets, Sourcing Strategy and Downstream Buyers To 2027 Downstream Buyers To 2027 Development of therapies derived from cannabis and its components has been increasing in the recent past. Moreover, there has been extensive research and development treatment of various medical conditions such as cancer, multiple sclerosis, post-traumatic stress disorder, and anxiety with cannabis. Furthermore, the U.S. Food and Drug Administration (FDA) offers an active program which assists drug developers in investigating marijuana (or its components) through controlled clinical trials, in order to demonstrate the potential for safe and effective uses of marijuana. The US Cannabis Testing Services Market US Cannabis Testing Services Market size was valued at US$ 127.7 expected to witness a CAGR of 15.7% 15.7% over the forecast period (2019 – 2027). 127.7 million in 2019, and is Request Sample Copy of Research Report @ Request Sample Copy of Research Report @ https://www.coherentmarketinsights.com/insight/request-sample/3155 https://www.coherentmarketinsights.com/insight/request-sample/3155 Rising accreditation and licensing of cannabis testing laboratories is expected to drive growth of Rising accreditation and licensing of cannabis testing laboratories is expected to drive growth of the US Cannabis Testing Services Market the US Cannabis Testing Services Market Increasing approvals from regulatory authorities and banking bill for cannabis testing services is expected to contribute towards growth of the cannabis testing services market in the U.S. For instance, in September, the U.S. House of Representative passed a SAFE banking Act bill that would grant a legal marijuana businesses access to banking and in October 2018, the Massachusetts Cannabis Control Commission granted licenses to MCR Labs in Framingham and CDX Analytics in Salem for testing of recreational cannabis.

2. Furthermore, according to the Cannabis Industry Journal article published on May 30, 2019, the governor of Arizona signed the very first bill for mandatory testing of medical marijuana and derivative products to be conducted by an independent lab for pesticides, fungus, heavy metals, and other impurities starting November 1, 2020. Moreover, in September 2018, Rhode Island Department of Health (RIDOH) announced that they are accepting applications for analytical laboratories in Rhode Island for testing of medical marijuana. Licensed laboratories will collect samples and analyze medical marijuana products cultivated and/or manufactured by registered compassion centers and licensed cultivators. As a result, increasing legalization of cannabis and rising accreditations and licensing for cannabis testing laboratories in the U.S. is expected to drive demand for cannabis testing services and contribute to the market growth. US Cannabis Testing Services Market - Restraints US Cannabis Testing Services Market - Restraints Lack of regulations in some regions is expected to be a prominent factor hampering growth of the cannabis testing service market over the forecast period. For instance, up to April 2019, there were no regulations regarding cannabis laboratory testing in Arizona, U.S., which is one of the U.S. states where medicinal use for cannabis has been approved in 2010. In May 2019, lawmakers in Arizona, U.S. unanimously passed SB1494, a bill requiring mandatory lab testing for medical cannabis products, through the state’s House and Senate. US Cannabis Testing Services Market - Competitive Landscape US Cannabis Testing Services Market - Competitive Landscape Key players operating in the US Cannabis Testing Services Market include SC Laboratories Inc., Eurofins Scientific, EVIO Labs, Praxis Laboratory, Agricore Laboratories, Steep Hill Labs, Inc., Digipath, Inc., Sequoia Analytical Labs, Fairbanks Analytical Testing LLC, Aurum Laboratories, LLC, Pure Analytics LLC, Gobi Labs, Cascadia Labs, Encore labs, PharmLabs LLC and Cann-a- Lab. Report includes chapters which deeply display the following deliverable about industry : Report includes chapters which deeply display the following deliverable about industry : • US Cannabis Testing Services Market Research Objective and Assumption • US Cannabis Testing Services Market Purview - Report Description, Executive Summary, and Coherent Opportunity Map (COM) • US Cannabis Testing Services Market Dynamics, Regulations, and Trends Analysis - Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system

3. Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis • Global US Cannabis Testing Services Market, By Regions • US Cannabis Testing Services Market Competition by Manufacturers including Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type. • US Cannabis Testing Services Market Manufacturers Profiles/Analysis including Company Basic Information, Manufacturing Base and Its Competitors. • US Cannabis Testing Services Market Manufacturing Cost Analysis including Key Raw Materials and Key Suppliers of Raw Materials. • Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials Sourcing and Downstream Buyers • Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning and Distributors/Traders List. • Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer Preference Change and Economic/Political Environmental Change. • US Cannabis Testing Services Market Forecast including Production, Consumption, Import and Export Forecast by Type, Applications and Region. • Research Findings and Conclusion LIMITED TIME OFFER - Hurry Up! LIMITED TIME OFFER - Hurry Up! Get Discount For Buyers UPTO 30% OFF On Any Research Report Get Discount For Buyers UPTO 30% OFF On Any Research Report Apply Promo Code "CMIFIRST1000" And Get Instant Discount Of USD 1000 Apply Promo Code "CMIFIRST1000" And Get Instant Discount Of USD 1000 TO Get More Access, Purchase Report Here @ TO Get More Access, Purchase Report Here @ https://www.coherentmarketinsights.com/insight/buy-now/3155 https://www.coherentmarketinsights.com/insight/buy-now/3155 About Coherent Market Insights About Coherent Market Insights Coherent Market Insights is a prominent market research and consulting firm offering action- ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us Contact Us Mr. Shah

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