28th July 2017
With the legalization of cannabis occurring around the world, many high profile investment banks, asset managers and private investors are paying close attention to what is widely being referred to as the ‘green rush’.
The legal cannabis market in the United States grew by an impressive 34% to $6.3 billion in 2016 alone. Industry forecasts expect the market will reach $21.6 billion by 2021 at a CAGR of 26%. Such rapid growth, matched only by cable television in the 1990s and Broadband Internet in the 2000s, will inevitably catalyze demand for supplementary sectors such as specialized crop care solutions. The fact is that healthier cannabis, with higher yields, can be produced without the use of synthetic chemicals that exhaust natural capital and pollute the environment. This can be achieved with neem, one of the most effective and comprehensive solutions in cannabis crop care.
Our latest report, Primal Group’s Green Economy – Cannabis, examines the fundamental drivers of the cannabis industry and reveals how the neem tree is well positioned to disrupt and create sustainable value in the sector.