Growing research and development activities and financial financing from various private and government agencies for cannabinoid research. Both private and government agencies fund the discovery and manufacture of cannabinoids for medicinal uses. Cannabis has various medicinal properties that can cure diverse diseases. Which is expected to drive its performance over the assessment period. As a result of the increasing number of social media influencers endorsing the benefits of cannabis, marketing campaigns from industry participants, and growing application fields, cannabidiol has become the newest consumer trend.
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