Current Markets

Could the surge in market volatility signal the end of the current ...

An estimated 183 million people worldwide use cannabis.

2018 global sales were $12.2 billion which is an increase of 38%.

2019 global sales are projected to be $16.9 billion.

2022 global sales are projected to be $31.3 billion which is an increase of 26.7%. 

According to the ADROIT market research the medical cannabis market will grow at CAGR of 29.3% by 2026.

The synthetic biology market is expected to reach $19.58 Billion by 2022.

Some of the major players in the biosynthetic cannabinoid space are: Ginko Biowroks, Amyris, hyasynth, Librede, Demetrix, Tweewinot, Intrexon, Willow Industries, Vitality Biopharma, TRAIT Biosciences and Octarine Bio.

$12 billion has been invested in the synthetic biology space in the last decade.

$4 billion in 2019 alone.

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