Massive Growth for SaaS Cannabis Industry Software Industry

Massive Growth for SaaS Cannabis Industry Software Industry

The cannabis industry is made up of legal growers and producers, consumers, independent industry standards, by-products and services, regulators, and researchers related to cannabis and its industrial derivative, hemp. The cannabis industry has been restrained by regulatory restrictions for most of its recent history, but the legal market has developed rapidly as more governments legalize medicinal and adult use.

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Leading players of SaaS Cannabis Industry Software Industry:

Adilas420.com, C15 Solutions, Inc., GrowFlow, Kler Corp WeedWare, LabWare, Sprout, Strimo, LP., Sunflower Lab, Viridian Sciences, WM Holding Company, LLC

Uruguay became the first country to legalize marijuana through legislation in Uruguay in December 2013. Canada became the first country to legalize the private sale of recreational marijuana in Canada with Bill C-45 in 2018.

The world economic market has been divided as follows, which shows that the cannabis industry can be viewed as a multi-billion dollar component of a larger pharmaceutical industry. The exact value of worldwide cannabis sales is unknown as the vast majority of the market continues to be illegal. With the legalization of cannabis, it is attracting more investment from alcohol and drug companies.

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