Dublin, July 01, 2025 (GLOBE NEWSWIRE) -- The "Cannabis Technology - Global Strategic Business Report" report has been added to offering.

The global market for Cannabis Technology was estimated at US$6.2 Billion in 2024 and is projected to reach US$23.7 Billion by 2030, growing at a CAGR of 24.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Cannabis Technology market.

The rapid expansion of the legal cannabis industry has created a surge in technological innovations aimed at optimizing cultivation, processing, and distribution. Advanced cultivation techniques, automation, and data analytics are enhancing efficiency and product quality across the supply chain. Additionally, compliance-driven technologies such as seed-to-sale tracking systems are helping businesses meet regulatory requirements. As the cannabis market matures, technology is playing a crucial role in ensuring standardization, quality control, and scalability.

The growth in the cannabis technology market is driven by several factors, including increasing legalization, rising demand for high-quality cannabis products, and advancements in automation and data analytics. Governments worldwide are imposing strict compliance regulations, making tracking and automation technologies essential for businesses.

The push for higher efficiency and yield optimization in cultivation is driving investment in AI-powered greenhouse solutions. Additionally, the expansion of cannabis e-commerce and delivery services is boosting demand for digital retail technologies. As the cannabis industry becomes more sophisticated, technological innovations will continue to shape its future, ensuring efficiency, compliance, and consumer satisfaction.

Technology is transforming every aspect of the cannabis supply chain, from cultivation to retail. Automated greenhouse systems equipped with artificial intelligence (AI) are optimizing environmental conditions for higher yields and improved cannabinoid profiles. Blockchain-based seed-to-sale tracking solutions are enhancing transparency and compliance by recording every stage of production.

In extraction and processing, supercritical CO2 and ethanol-based extraction techniques are improving cannabinoid purity and efficiency. Additionally, e-commerce platforms and AI-driven customer analytics are reshaping the retail experience, enabling personalized product recommendations and streamlined delivery services.

The adoption of cannabis technology is most prevalent in large-scale cultivation operations, medical cannabis production, and dispensary management. Licensed producers are investing in automation and AI-driven analytics to maximize efficiency and ensure regulatory compliance.