Theinternational CannabisTesting Servicesindustry has been fragmented according to region, end-use, andservice. In terms of end-use, the industry is further segmented intopotency testing, forensic test, heavy plant test, forensicextractions, analytical method, terpenoid profile, solvent screening,residual solvents, and others. In other words, each region has itsown test categories that include potency testing, some forensicextraction tests, or some of the others. For instance, in California,cannabis testing is a specialized service while in Alabama, testingis a part of the proficiency exam required for growing cannabis. Whenit comes to geographical footprint, developed regions including NorthAmerica seem to be gaining significant traction in the CannabisTesting Services Market.This is due to the fact that many states in the U.S. are legalizingthe use of cannabis. Recently, in April 2021, the State of New Yorklegalized the possession of cannabis up to 3 ounces in public for age21 years and above.
Cannabistesting remains one of the primary subjects of investigation and R&D.Since cannabis are used for diverse applications, research anddevelopment activities has increased over the years for recreationaluse as well as in medicinal application. Cannabis testing istypically done to detect the presence of the plant’s activechemicals. Recently, in March 2020, Digitpath Inc. received theresearch and development license from Health Canada to cultivatecannabis. Similarly, in February 2021, HORIBA FRANCE SAS inauguratedits new R&D production site and flagship product LabRAM Soleil.Hence, such factors can stimulate growth of the CannabisTesting Services Market.
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