Summary

The global market for industrial hemp is estimated to be valued at USD 11.03 billion in 2024 and is projected to reach USD 30.24 billion by 2029, at a CAGR of 22.4% during the forecast period. Adopting AI in industrial hemp production is changing the industry: as all stages of cultivation, processing, and product development are experiencing increased productivity and efficiency. AI-based precision agriculture tools allow farmers to optimize water use, soil quality, and pest control, raising yields and saving resources. Data analytics powered by AI also helps to identify the best varieties to produce fibers, oils, and CBD based on demand in the market and climatic conditions. Processing becomes more automated and better controlled with AI technologies that provide consistent quality products with little waste. Such progress drives cost efficiency and innovation that places AI as an important facilitator of the industrial hemp industry's growth.
Disruption in the industrial hemp market: The industrial hemp market is experiencing disruptions that are driving growth, fueled by advancements in technology, sustainability initiatives, and increasing demand for versatile hemp-based products. These disruptions are enabling improved efficiency, innovation, and market expansion. Some of the key disruptions in the industrial hemp market include:
• Technological Advancements: Adoption of AI, precision agriculture, and automation is enhancing hemp cultivation, improving yields, and reducing production costs.
• Sustainability Focus: Rising demand for eco-friendly alternatives, such as hemp-based textiles, bioplastics, and construction materials, is positioning hemp as a key solution for sustainable industries.
• Expanding Product Applications: Innovations in hemp-based products, including CBD, plant-based proteins, and industrial materials, are driving diversification and increasing consumer demand across multiple sectors.

“The food & beverages segment holds the significant market share in the application segment of industrial hemp market.”
The food and beverages segment holds a significant market share in the industrial hemp market, driven by increasing consumer demand for plant-based, nutrient-rich products. Hemp seeds and hemp-derived ingredients, such as protein powder and oil, are gaining popularity due to their high nutritional value, including essential fatty acids, protein, and vitamins. Increased interest in health, wellness, and sustainable diets is fast-tracking the adoption of hemp-based food and beverages such as snacks, dairy alternatives, and functional drinks. More product innovation and growing awareness of the benefits of hemp further place this segment in the category of drivers of market growth.
“The CBD hemp oil segment is projected grow at highest rate in the type segment during the forecast period.”
CBD hemp oil is growing at highest rate industrial hemp market, because it is highly consumed in the wellness and healthcare sectors. In recent times, due to a rising demand for natural remedies, CBD oil has gained importance and is sought after for potential applications related to stress, anxiety, pain, and inflammation. The growing list of CBD-infused products-from oils and tinctures to edibles and cosmetics-is driving market expansion. Other benefits that are accelerating its use and solidifying it at the top of the products in the industrial hemp sector include the growing research bodies that support CBD as an industrial hemp therapeutic property along with regulatory advancements in main markets.
North America is expected to hold second highest share in the industrial hemp market.
North America is expected to hold a significant share of the industrial hemp market, driven by favorable regulatory changes, growing consumer demand for hemp-based products, and advancements in cultivation and processing technologies. The legalization of hemp in the United States under the 2018 Farm Bill has opened up opportunities for increased production, while Canada has been a pioneer in hemp cultivation and product development. The expanding applications of hemp in various industries, including food and beverages, wellness, and textiles, combined with increasing investments in research and development, position North America as a key region driving market growth.
In-depth interviews have been conducted with chief executive officers (CEOs), Directors, and other executives from various key organizations operating in the industrial hemp market:
• By Company Type: Tier 1 – 25%, Tier 2 – 45%, and Tier 3 – 30%
• By Designation: Directors– 20%, Managers – 50%, Others- 30%
• By Region: North America – 25%, Europe – 30%, Asia Pacific – 20%, South America – 15% and Rest of the World –10%
Prominent companies in the market include Curaleaf Holdings, Inc. (US), Green Thumb Industries (US), Canopy Gowth Corporation (Canada), AURORA CANNABIS INC. (Canada), The Cronos Group (Canada), Ecofibre Ltd (Australia), HempFlax Group B.V. (Netherlands, Dun Agro Hemp Group (Netherlands), Fresh Hemp Foods Ltd. (Canada), GenCanna (US), Konoplex Group (Russia), Canah International (Netherlands), MH Medical Hemp GmbH (Germany), Liaoning Qiaopai Biotech Co., Ltd. (China), and IND HEMP (US).
Other players include South Hemp Tecno (Italy), HemPoland (Poland), Colorado Hemp Works, INC (US), BOMBAY HEMP COMPANY PVT. LTD. (India), Parkland Industrial Hemp Growers Coop Ltd. (Canada), American Hemp LLC (US), Hemp Foundation (India), Blue Sky Hemp Ventures Ltd. (Canada), Valley Bio Limited (Canada), and East Mesa Inc. (US).
Research Coverage:
This research report categorizes the industrial hemp market by type (hemp seed, hemp seed oil, cbd hemp oil, hemp bast, and hemp hurd), source (conventional, organic), application (food & beverages, animal nutrition, textiles, paper, pharmaceuticals, personal care products, construction materials, biofuel, and other applications), seed type/sources for biofuel, and region (North America, Europe, Asia Pacific, South America, and Rest of the World). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of industrial hemp market. A detailed analysis of the key industry players has been done to provide insights into their business overview, services, key strategies, contracts, partnerships, agreements, new service launches, mergers and acquisitions, and recent developments associated with the industrial hemp market. Competitive analysis of upcoming startups in the industrial hemp market ecosystem is covered in this report. Furthermore, industry-specific trends such as technology analysis, ecosystem and market mapping, patent, regulatory landscape, among others, are also covered in the study.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall industrial hemp and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (increasing legalization of industrial hemp), restraints (complex regulatory structure for use of industrial hemp), opportunities (development of new industrial hemp-based products) and challenges (lack of processing facilities and harvesting equipment) influencing the growth of the industrial hemp market.
• New product launch/Innovation: Detailed insights on research & development activities and new product launches in the industrial hemp market.
• Market Development: Comprehensive information about lucrative markets – the report analyzes the industrial hemp market across varied regions.
• Market Diversification: Exhaustive information about new services, untapped geographies, recent developments, and investments in the industrial hemp market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, product offerings, brand/product comparison, and product foot prints of leading players such as Curaleaf Holdings, Inc. (US), Green Thumb Industries (US), Canopy Gowth Corporation (Canada), AURORA CANNABIS INC. (Canada), The Cronos Group (Canada), Ecofibre Ltd (Australia), HempFlax Group B.V. (Netherlands, Dun Agro Hemp Group (Netherlands), and other players in the industrial hemp market.

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Table of Contents

1 INTRODUCTION 26
1.1 STUDY OBJECTIVES 26
1.2 MARKET DEFINITION 26
1.2.1 INCLUSIONS & EXCLUSIONS 27
1.3 MARKET SCOPE 28
1.3.1 MARKET SEGMENTATION 28
1.4 YEARS CONSIDERED 29
1.5 UNIT CONSIDERED 29
1.5.1 CURRENCY/VALUE UNIT 29
1.5.2 VOLUME CONSIDERED 30
1.6 STAKEHOLDERS 30
1.7 SUMMARY OF CHANGES 31
2 RESEARCH METHODOLOGY 32
2.1 RESEARCH DATA 32
2.1.1 SECONDARY DATA 33
2.1.1.1 Key data from secondary sources 33
2.1.2 PRIMARY DATA 34
2.1.2.1 Key data from primary sources 34
2.1.2.2 Key industry insights 35
2.1.2.3 Breakdown of primaries 35
2.2 MARKET SIZE ESTIMATION 36
2.2.1 BOTTOM-UP APPROACH 36
2.2.2 TOP-DOWN APPROACH 37
2.2.2.1 Approach to estimate market size using top-down analysis 37
2.3 DATA TRIANGULATION 39
2.4 RESEARCH ASSUMPTIONS 40
2.5 RESEARCH LIMITATIONS 40
3 EXECUTIVE SUMMARY 41
4 PREMIUM INSIGHTS 45
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN INDUSTRIAL HEMP MARKET 45
4.2 ASIA PACIFIC: INDUSTRIAL HEMP MARKET, BY SOURCE AND COUNTRY 46
4.3 INDUSTRIAL HEMP MARKET: SHARE OF MAJOR REGIONAL SUBMARKETS 47
4.4 INDUSTRIAL HEMP MARKET, BY TYPE AND REGION 48
4.5 INDUSTRIAL HEMP MARKET, BY APPLICATION AND REGION 49
4.6 INDUSTRIAL HEMP MARKET, BY SOURCE AND REGION 50
5 MARKET OVERVIEW 51
5.1 INTRODUCTION 51
5.2 MACROECONOMIC OUTLOOK 51
5.2.1 INCREASING PRODUCTION OF HEMP 51
5.2.2 POSITIVE GROWTH OF GLOBAL WELLNESS MARKET 52
5.3 MARKET DYNAMICS 54
5.3.1 DRIVERS 54
5.3.1.1 Increasing legalization of industrial hemp cultivation 54
5.3.1.2 Hemp’s versatility and sustainability make it preferred raw material across industries 56
5.3.1.3 Innovative hemp processing techniques drive cost-efficiency and support industry growth 57
5.3.2 RESTRAINTS 57
5.3.2.1 Complex regulatory structure for use of industrial hemp 57
5.3.2.2 Stigmatization of hemp market 58
5.3.3 OPPORTUNITIES 58
5.3.3.1 Development of new industrial hemp-based products 58
5.3.3.2 Increasing preference for edibles across generations 59
5.3.3.3 Hemp-based materials as future of industrial production 59
5.3.4 CHALLENGES 60
5.3.4.1 Competition from synthetic alternatives 60
5.3.4.2 Lack of processing facilities and planting & harvesting equipment 60
5.4 IMPACT OF AI/GEN AI ON INDUSTRIAL HEMP MARKET 61
5.4.1 INTRODUCTION 61
5.4.2 USE OF GEN AI IN INDUSTRIAL HEMP MARKET ECOSYSTEM 62
5.4.3 CASE STUDY ANALYSIS 63
5.4.3.1 Scaling hemp fiber production with AgriTech solutions 63
5.4.3.2 Artificial intelligence revolutionizing cannabis production 64
6 INDUSTRY TRENDS 65
6.1 INTRODUCTION 65
6.2 VALUE CHAIN ANALYSIS 65
6.2.1 RESEARCH AND PRODUCT DEVELOPMENT 66
6.2.2 RAW MATERIAL SOURCING 66
6.2.3 PRODUCTION 66
6.2.4 PACKAGING, STORAGE, AND DISTRIBUTION 66
6.2.5 END USERS AND RETAIL 66
6.3 INDUSTRIAL HEMP POST-PRODUCTION/HARVESTING PROCESS 67
6.3.1 INTRODUCTION 67
6.3.2 HEMP FOR FIBER 67
6.3.3 HEMP FOR SEED 68
 
6.3.4 HEMP FOR FLOWER (CBD PRODUCTION) 69
6.3.5 CONCLUSION 70
6.4 TRADE ANALYSIS 71
6.4.1 EXPORT SCENARIO OF HS CODE 530210 71
6.4.2 IMPORT SCENARIO OF HS CODE 530210 72
6.5 TECHNOLOGY ANALYSIS 73
6.5.1 KEY TECHNOLOGIES 73
6.5.1.1 Crop steering 73
6.5.2 COMPLEMENTARY TECHNOLOGY 74
6.5.2.1 IOT Automation 74
6.5.3 ADJACENT TECHNOLOGY 74
6.5.3.1 Nanoencapsulation 74
6.6 PRICING ANALYSIS 75
6.6.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE 75
6.6.2 AVERAGE SELLING PRICE TREND OF HEMP SEED, BY REGION 77
6.6.3 AVERAGE SELLING PRICE TREND OF HEMP SEED OIL, BY REGION 78
6.6.4 AVERAGE SELLING PRICE TREND OF CBD HEMP OIL, BY REGION 79
6.6.5 AVERAGE SELLING PRICE TREND OF HEMP BAST, BY REGION 80
6.6.6 AVERAGE SELLING PRICE TREND OF HEMP HURD, BY REGION 81
6.7 ECOSYSTEM ANALYSIS 81
6.7.1 DEMAND SIDE 81
6.7.2 SUPPLY SIDE 82
6.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 84
6.9 PATENT ANALYSIS 85
6.10 KEY CONFERENCES & EVENTS, 2024–2025 90
6.11 REGULATORY LANDSCAPE 91
6.11.1 REGULATORY FRAMEWORK 94
6.11.1.1 North America 94
6.11.1.1.1 US 94
6.11.1.1.2 Canada 94
6.11.1.2 Europe 94
6.11.1.2.1 Germany 94
6.11.1.2.2 Italy 94
6.11.1.2.3 Netherlands 95
6.11.1.2.4 France 95
6.11.1.2.5 Switzerland 95
6.11.1.2.6 UK 95
6.11.1.2.7 Poland 96
6.11.1.2.8 Spain 96
6.11.1.2.9 Austria 96
 
6.11.1.2.10 Norway 96
6.11.1.2.11 Finland 96
6.11.1.2.12 Croatia 97
6.11.1.3 Asia Pacific 97
6.11.1.3.1 China 97
6.11.1.3.2 India 97
6.11.1.3.3 Japan 97
6.11.1.3.4 New Zealand 97
6.11.1.3.5 Australia 97
6.11.1.3.6 Thailand 98
6.11.1.3.7 South Korea 98
6.11.1.3.8 Malaysia 98
6.11.1.4 South America 98
6.11.1.4.1 Chile 98
6.11.1.4.2 Colombia 98
6.11.1.4.3 Uruguay 98
6.11.1.5 Rest of the World 99
6.11.1.5.1 Lesotho 99
6.11.1.5.2 South Africa 99
6.11.1.5.3 Rwanda 99
6.11.1.5.4 Zambia 99
6.11.1.5.5 Zimbabwe 99
6.11.1.5.6 Uganda 99
6.11.1.5.7 Ghana 99
6.12 PORTER’S FIVE FORCES ANALYSIS 100
6.12.1 INTENSITY OF COMPETITIVE RIVALRY 101
6.12.2 BARGAINING POWER OF SUPPLIERS 101
6.12.3 BARGAINING POWER OF BUYERS 101
6.12.4 THREAT OF SUBSTITUTES 101
6.12.5 THREAT OF NEW ENTRANTS 102
6.13 KEY STAKEHOLDERS AND BUYING CRITERIA 102
6.13.1 KEY STAKEHOLDERS IN BUYING PROCESS 102
6.13.2 BUYING CRITERIA 103
6.14 CASE STUDY ANALYSIS 104
6.14.1 CURALEAF’S ENTRY INTO HEMP-DERIVED THC MARKET 104
6.14.2 CANOPY GROWTH'S EXPANSION OF CANNABIS PRODUCT PORTFOLIO 104
6.14.3 AURORA CANNABIS EXPANDS PREMIUM MEDICAL CANNABIS OIL PORTFOLIO IN AUSTRALIA 105
6.15 INVESTMENT AND FUNDING SCENARIO 105
6.16 GREEN HYDROGEN FROM INDUSTRIAL HEMP 106
6.17 SYNTHETIC HEMP IN AUTOMOTIVE AND RENEWABLE/ENERGY INDUSTRIES 107
 
7 INDUSTRIAL HEMP MARKET, BY TYPE 109
7.1 INTRODUCTION 110
7.2 HEMP SEED 112
7.2.1 RICH NUTRIENT PROFILE AND GLOBAL MOVEMENT TOWARD PLANT-BASED DIET TO DRIVE DEMAND IN FOOD INDUSTRY 112
7.3 HEMP SEED OIL 114
7.3.1 USE IN PHARMACEUTICALS AND MEDICAL TREATMENTS WITH REPORTED BENEFITS 114
7.4 CBD HEMP OIL 116
7.4.1 INCREASE IN APPLICATION IN PERSONAL CARE AND FOOD & BEVERAGE PRODUCTS 116
7.5 HEMP BAST 118
7.5.1 IDEAL FOR PRODUCTION OF BIOPLASTICS AND CONSTRUCTION MATERIALS DUE TO HIGH STRENGTH-TO-WEIGHT RATIO 118
7.6 HEMP HURD 120
7.6.1 VERSATILITY ACROSS APPLICATIONS 120
8 INDUSTRIAL HEMP MARKET, BY SOURCE 122
8.1 INTRODUCTION 123
8.2 CONVENTIONAL 124
8.2.1 LOW PRICE AND BROAD ARRAY OF CONVENTIONAL HEMP SEEDS
AND OTHER PRODUCTS 124
8.3 ORGANIC 125
8.3.1 INCREASING DEMAND FOR ORGANIC HEMP PRODUCTS IN FOOD AND PHARMACEUTICAL INDUSTRIES 125
9 INDUSTRIAL HEMP MARKET, BY APPLICATION 127
9.1 INTRODUCTION 128
9.2 FOOD & BEVERAGES 130
9.2.1 WIDE-RANGING APPLICATIONS OF HEMP SEED AND HEMP SEED DERIVATIVES 130
9.3 TEXTILES 131
9.3.1 HIGH STRENGTH, DURABILITY, AND SEVERAL OTHER ADVANTAGES
OF HEMP FIBER 131
9.4 PHARMACEUTICALS 133
9.4.1 GROWTH IN RESEARCH ON EFFICACY OF HEMP IN TREATING VARIOUS CONDITIONS 133
9.5 PERSONAL CARE PRODUCTS 134
9.5.1 MOISTURIZING AND ANTI-AGING PROPERTIES OF HEMP TO DRIVE DEMAND IN PERSONAL CARE PRODUCTS 134
9.6 ANIMAL NUTRITION 135
9.6.1 REGULATORY HURDLES FOR INCLUSION OF HEMP IN ANIMAL FEED TO RESTRICT DEMAND 135
 
9.7 PAPER 137
9.7.1 PREFERENCE FOR ECO-FRIENDLY HEMP IN PAPER PRODUCTION TO DRIVE DEMAND 137
9.8 CONSTRUCTION MATERIALS 138
9.8.1 STRENGTH AND THERMAL INSULATION PROPERTIES OF HEMP TO BOOST DEMAND 138
9.9 BIOFUEL 141
9.9.1 HEMP CONSIDERED CRUCIAL IN GLOBAL TRANSITION TO SUSTAINABLE ENERGY PRACTICES 141
9.9.2 INDUSTRIAL HEMP SEED TYPE/SOURCE FOR BIOFUEL PRODUCTION 142
9.9.2.1 Futura 75 143
9.9.2.2 Kompolti 144
9.9.2.3 X-59 144
9.9.2.4 Finola 145
9.10 OTHER APPLICATIONS 145
10 INDUSTRIAL HEMP MARKET, BY REGION 147
10.1 INTRODUCTION 148
10.2 NORTH AMERICA 150
10.2.1 US 155
10.2.1.1 Regulatory support and strategic initiatives to drive market 155
10.2.2 CANADA 157
10.2.2.1 Collaboration between industrial hemp manufacturers to drive market 157
10.2.3 MEXICO 158
10.2.3.1 Strategic partnerships and regulatory progress to fuel growth 158
10.3 EUROPE 160
10.3.1 FRANCE 164
10.3.1.1 Advanced production and processing facilities for industrial hemp to drive market 164
10.3.2 GERMANY 165
10.3.2.1 Regulatory reforms to drive demand for industrial hemp 165
10.3.3 SPAIN 167
10.3.3.1 Favorable climate for multiple harvests of hemp to fuel demand for industrial hemp products 167
10.3.4 ITALY 169
10.3.4.1 Increase in use as raw materials across industries to fuel demand 169
10.3.5 UK 170
10.3.5.1 Government licensing changes boost industrial hemp market growth and innovation 170
10.3.6 NETHERLANDS 172
10.3.6.1 Promotion of sustainable agriculture to drive demand for hemp 172
10.3.7 REST OF EUROPE 173
 
10.4 ASIA PACIFIC 175
10.4.1 CHINA 179
10.4.1.1 Advancement in technology to drive industrial hemp market 179
10.4.2 INDIA 181
10.4.2.1 Regulatory support from states to drive demand for industrial hemp products 181
10.4.3 JAPAN 183
10.4.3.1 Increased use of industrial hemp in pharmaceutical application to drive market 183
10.4.4 AUSTRALIA & NEW ZEALAND 185
10.4.4.1 Rise in applications and sustainability of industrial hemp to drive market 185
10.4.5 REST OF ASIA PACIFIC 186
10.5 SOUTH AMERICA 188
10.5.1 BRAZIL 192
10.5.1.1 Increase in medicinal applications of industrial hemp to present growth opportunity for manufacturers 192
10.5.2 ARGENTINA 193
10.5.2.1 Rise in investment in research & development to drive market 193
10.5.3 REST OF SOUTH AMERICA 195
10.6 REST OF THE WORLD (ROW) 196
10.6.1 AFRICA 200
10.6.1.1 Ghana 202
10.6.1.1.1 Huge market growth potential to present opportunity for industrial hemp manufacturers 202
10.6.1.2 South Africa 203
10.6.1.2.1 Government support through strategies such as Cannabis Master Plan for industrial hemp cultivation to drive market 203
10.6.1.3 Tanzania 205
10.6.1.3.1 Entry of global players to boost market demand 205
10.6.1.4 Rest of Africa 207
10.6.2 MIDDLE EAST 209
10.6.2.1 Region’s supporting regulatory framework to propel demand 209
11 COMPETITIVE LANDSCAPE 211
11.1 OVERVIEW 211
11.2 KEY PLAYERS’ STRATEGIES/RIGHT TO WIN 211
11.3 REVENUE ANALYSIS 214
11.4 MARKET SHARE ANALYSIS, 2023 215
11.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 216
11.5.1 STARS 216
11.5.2 EMERGING LEADERS 216
11.5.3 PERVASIVE PLAYERS 216
11.5.4 PARTICIPANTS 217
11.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 218
11.5.5.1 Region footprint 219
11.5.5.2 Type footprint 220
11.5.5.3 Application footprint 221
11.5.5.4 Source footprint 222
11.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 222
11.6.1 PROGRESSIVE COMPANIES 222
11.6.2 RESPONSIVE COMPANIES 222
11.6.3 DYNAMIC COMPANIES 223
11.6.4 STARTING BLOCKS 223
11.6.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 224
11.6.5.1 Detailed list of key startups/SMEs 224
11.6.5.2 Competitive benchmarking of key startups/SMEs 225
11.7 COMPANY VALUATION AND FINANCIAL METRICS 226
11.8 BRAND/PRODUCT ANALYSIS 227
11.9 COMPETITIVE SCENARIO AND TRENDS 228
11.9.1 PRODUCT LAUNCHES 228
11.9.2 DEALS 230
11.9.3 EXPANSIONS 233
12 COMPANY PROFILES 236
12.1 KEY PLAYERS 236
12.1.1 CURALEAF HOLDINGS, INC. 236
12.1.1.1 Business overview 236
12.1.1.2 Products/Solutions/Services offered 237
12.1.1.3 Recent developments 237
12.1.1.3.1 Product launches 237
12.1.1.3.2 Deals 237
12.1.1.3.3 Expansions 239
12.1.1.4 MnM view 240
12.1.1.4.1 Right to win 240
12.1.1.4.2 Strategic choices 240
12.1.1.4.3 Weaknesses and competitive threats 240
12.1.2 GREEN THUMB INDUSTRIES 241
12.1.2.1 Business overview 241
12.1.2.2 Products/Solutions/Services offered 242
12.1.2.3 Recent developments 242
12.1.2.3.1 Deals 242
12.1.2.3.2 Expansions 243
12.1.2.4 MnM view 243
12.1.2.4.1 Right to win 243
 
12.1.2.4.2 Strategic choices 243
12.1.2.4.3 Weaknesses and competitive threats 243
12.1.3 CANOPY GROWTH CORPORATION 244
12.1.3.1 Business overview 244
12.1.3.2 Products/Solutions/Services offered 245
12.1.3.3 Recent developments 245
12.1.3.3.1 Product launches 245
12.1.3.3.2 Deals 246
12.1.3.4 MnM view 246
12.1.3.4.1 Key strengths 246
12.1.3.4.2 Strategic choices 246
12.1.3.4.3 Weaknesses and competitive threats 246
12.1.4 AURORA CANNABIS INC. 247
12.1.4.1 Business overview 247
12.1.4.2 Products/Solutions/Services offered 248
12.1.4.3 Recent developments 248
12.1.4.3.1 Product launches 248
12.1.4.3.2 Deals 249
12.1.4.4 MnM view 250
12.1.4.4.1 Key strengths 250
12.1.4.4.2 Strategic choices 250
12.1.4.4.3 Weaknesses and competitive threats 250
12.1.5 THE CRONOS GROUP 251
12.1.5.1 Business overview 251
12.1.5.2 Products/Solutions/Services offered 252
12.1.5.3 Recent developments 252
12.1.5.3.1 Product launches 252
12.1.5.3.2 Deals 253
12.1.5.4 MnM view 254
12.1.5.4.1 Key strengths 254
12.1.5.4.2 Strategic choices 254
12.1.5.4.3 Weaknesses and competitive threats 254
12.1.6 ECOFIBRE LTD 255
12.1.6.1 Business overview 255
12.1.6.2 Products/Services/Solutions offered 256
12.1.6.3 Recent developments 257
12.1.6.3.1 Deals 257
12.1.6.3.2 Expansions 257
12.1.6.4 MnM view 257
12.1.7 HEMPFLAX GROUP B.V. 258
12.1.7.1 Business overview 258
12.1.7.2 Products/Solutions/Services offered 258
12.1.7.3 Recent developments 259
12.1.7.3.1 Deals 259
12.1.7.3.2 Expansions 260
12.1.7.4 MnM view 260
12.1.8 DUN AGRO HEMP GROUP 261
12.1.8.1 Business overview 261
12.1.8.2 Products/Solutions/Services offered 261
12.1.8.3 Recent developments 262
12.1.8.3.1 Expansions 262
12.1.8.4 MnM view 262
12.1.9 FRESH HEMP FOODS LTD 263
12.1.9.1 Business overview 263
12.1.9.2 Products/Solutions/Services offered 263
12.1.9.3 MnM view 264
12.1.9.3.1 Key strengths 264
12.1.10 GENCANNA 265
12.1.10.1 Business overview 265
12.1.10.2 Products/Solutions/Services offered 265
12.1.10.3 Recent developments 266
12.1.10.3.1 Deals 266
12.1.10.4 MnM view 266
12.1.11 KONOPLEX GROUP 267
12.1.11.1 Business overview 267
12.1.11.2 Products/Solutions/Services offered 267
12.1.11.3 Recent developments 268
12.1.11.3.1 Expansions 268
12.1.11.4 MnM view 268
12.1.12 CANAH INTERNATIONAL 269
12.1.12.1 Business overview 269
12.1.12.2 Products/Solutions/Services offered 269
12.1.12.3 MnM view 270
12.1.13 MH MEDICAL HEMP GMBH 271
12.1.13.1 Business overview 271
12.1.13.2 Products/Solutions/Services offered 271
12.1.13.3 MnM view 273
12.1.14 LIAONING QIAOPAI BIOTECH CO., LTD. 274
12.1.14.1 Business overview 274
12.1.14.2 Products/Solutions/Services offered 274
12.1.14.3 MnM view 275
12.1.15 IND HEMP 276
12.1.15.1 Business overview 276
12.1.15.2 Products/Solutions/Services offered 276
12.1.15.3 Recent developments 278
12.1.15.4 MnM view 278
12.2 OTHER PLAYERS 279
12.2.1 SOUTH HEMP TECNO 279
12.2.1.1 Business overview 279
12.2.1.2 Products/Solutions/Services offered 279
12.2.2 HEMPOLAND 280
12.2.2.1 Business overview 280
12.2.2.2 Products/Solutions/Services offered 280
12.2.2.3 Recent developments 281
12.2.3 COLORADO HEMP WORKS, INC. 282
12.2.3.1 Business overview 282
12.2.3.2 Products/Solutions/Services offered 282
12.2.4 BOMBAY HEMP COMPANY PVT. LTD. 283
12.2.4.1 Business overview 283
12.2.4.2 Products/Solutions/Services offered 284
12.2.5 PARKLAND INDUSTRIAL HEMP GROWERS CO-OP. LTD. 285
12.2.5.1 Business overview 285
12.2.5.2 Products/Solutions/Services offered 285
12.2.6 AMERICAN HEMP LLC 286
12.2.7 HEMP FOUNDATION 287
12.2.8 BLUE SKY HEMP VENTURES LIMITED 287
12.2.9 VALLEY BIO LIMITED 288
12.2.10 EAST MESA INC. 288
13 ADJACENT AND RELATED MARKETS 289
13.1 INTRODUCTION 289
13.2 LIMITATIONS 289
13.3 CANNABIS TESTING MARKET 290
13.3.1 MARKET DEFINITION 290
13.3.2 MARKET OVERVIEW 290
13.4 CANNABIS MARKET 291
13.4.1 MARKET DEFINITION 291
13.4.2 MARKET OVERVIEW 291
14 APPENDIX 293
14.1 DISCUSSION GUIDE 293
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 296
14.3 CUSTOMIZATION OPTIONS 298
14.4 RELATED REPORTS 298
14.5 AUTHOR DETAILS 299