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Cannabis Equipment News

How Automation Mitigates Labor and Market Uncertainties in the Cannabis Industry

Published September 12, 2024

Just two years ago, the global cannabis market was valued at USD $43.72 billion in 2022. Today, the cannabis industry’s revenue is currently valued around US$64.73 billion. This is a substantial jump, sure, but the best is yet to come, by 2030, the market is forecasted to reach USD $444.34 billion, at a CAGR of 34.03%.

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