Lux Research identifies the immense opportunities in the cannabis industry, and its about time the world pays attention to the innovative trends in the developing medicinal and recreational market.
The cannabis industry is booming, with medical and recreational cannabis becoming big business. To better understand this promising industry, the team at Lux Research, a leading provider of tech-enabled research and advisory services for technology innovation, identified and analysed the opportunities and barriers across the cannabis value chain in a new report, ‘Cannabusiness Innovation: Opportunities, Bottlenecks, and Barriers.’
What does the report reveal?
“The cannabis industry will continue to grow. North America’s favourable environment includes Canada’s recent cannabis legalisation, the state-by-state U.S. regulations, and Mexico’s approval of medicinal cannabis,” said Joshua Haslun, Ph.D., analyst at