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Cannabis Market Research Report 2022: Concentrated Oil, Cream, and Food Additive – Global Forecast to 2027 – Cumulative Impact of COVID-19 – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “Cannabis Market Research Report by Form (Concentrated Oil, Cream, and Food Additive), Product Type, Compound, Source, Distribution Channel, Application, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) – Global Forecast to 2027 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.

The Global Cannabis Market size was estimated at USD 20.40 billion in 2021, USD 25.77 billion in 2022, and is projected to grow at a CAGR 27.68% to reach USD 88.44 billion by 2027.

In this report, the years 2019 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects

It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Cannabis Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others.

Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Market Dynamics

Drivers

  • Social Acceptance of Cannabis Products Globally
  • Increasing Use in Treatment of the Patients Diagnosed with Neurological Disorders and Other Chronic Diseases
  • Legal Supply of Quality-Controlled Cannabis Available for Sale
  • Increasing Demand of Cannabis-Infused Foods and Beverages
  • Legalized Production of Cannabis in North America
  • Import and Export of Cannabis or Cannabis Products for Medical and Scientific Purposes
  • In-House Cultivation Cannabis

Restraints

  • Lacking Guidance and Inaccurate Dosing Can Result in Dangerous Consequences
  • Product Developers Need to be Constantly on Their Toes
  • Governance of Cannabis Possession, Usage, Distribution or Sales by International Laws

Opportunities

  • New Product Development Related to Cannabis-Infused Foods and Beverages
  • Pharmaceutical and Beverage Companies Eyeing the Cannabis Market for Long Term Gain
  • Efficient Cannabis Retractation Procedures Under Development

Challenges

  • Heavy Taxes Imposed on Cannabis Industry

Competitive Scenario:

  • Acreage Holdings
  • Aurora Cannabis Inc.
  • Cannabis Science Inc.
  • CannTrust Holdings
  • Canopy Growth Corporation
  • Chronos Group Inc.
  • Curaleaf Holdings, Inc.
  • Green Thumb Industries Inc.
  • GW Pharmaceuticals PLC
  • Harvest Health & Recreation Inc.
  • HEXO Corporation
  • Medical Marijuana, Inc.
  • MedMen
  • Organigram Holdings Inc.
  • StenoCare A/S
  • Terra Tech Corp.
  • Tikun Olam
  • Tilray Inc.
  • Trulieve Cannabis
  • Vivo Cannabis Inc

Market Segmentation & Coverage:

  • Based on Form, the market was studied across Concentrated Oil, Cream, Food Additive, Inhaled Liquids, Supplement Capsule, and Tincture Spray.
  • Based on Product Type, the market was studied across Concentrates, Flower, leaves, and Seeds.
  • Based on Compound, the market was studied across Balanced THC & CBD, Cannabidiol (CBD)-Dominant, and Tetrahydrocannabinol (THC)-Dominant.
  • Based on Source, the market was studied across Non-Organic and Organic.
  • Based on Distribution Channel, the market was studied across Offline and Online.
  • Based on Application, the market was studied across Cosmetics & Personal Care, Food & Beverage, Medical & Pharmaceuticals, Pet Care, and Recreational.

For more information about this report visit https://www.researchandmarkets.com/r/xbghdz

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470

For U.S./ CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

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Latin America Green Data Center Market Outlook and Forecast 2022-2027 – Larger Colocation and Hyperscale Data Center Operators Driving the Market – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “Latin America Green Data Center Market – Industry Outlook and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.

Market is expected to reach a value of $825 million in 2027, from $455 million in 2021, growing at a CAGR of 10.4%

The region’s increasing digitalization, previously underserved status, the shift to the cloud, the growing popularity of IoT and big data, the emergence of 5G networks, the COVID-19 pandemic, and the demand for high-speed streaming of online entertainment content are some of the major factors driving the growth of the Latin American data center market.

With the tremendous growth in data center deployment, the green data center market is becoming a leading trend in data center development and operations.

LATIN AMERICA GREEN DATA CENTER MARKET TRENDS AND DRIVERS

Innovations in Power and Cooling Technology are Driving the Market for Green Development

Innovations in data center power technology include the adoption of lithium-ion and smart grid UPS systems and the adoption of DRUPS systems in Latin America.

Fuel cells’-based power backup is also expected to make an entry into the Latin American market in the long term, driving down investments in inefficient diesel generators and driving the market for efficient products. A tropical test bed is currently in Singapore’s testing phase, making data centers more efficient in a tropical climate.

If successful, this can also positively impact the Latin American market and further bring down the PUE of facilities. Free cooling is also being adopted by data center operators in facilities in countries like Brazil, Chile, Argentina, and the Caribbean, at least partially. For instance, Equinix uses free cooling in its SP3 data center in Sao Paulo.

Government push toward Sustainability

Various Latin American governments, including those of Chile, Brazil, and Uruguay, are actively working towards increasing the adoption of renewable energy in the country. The Development Bank of Latin America has approved a loan of $300 million to Uruguay to strengthen its electricity grid and modernize it, driven by the government.

Deployment of Modular Data Centers and Sustainable Material gathering steam

The cost of operating a modular data center is around 30% less than that of a traditional data center facility, making it an attractive proposition in Latin America and driving the growth of the Latin America modular data center market, owing to many operators having limited funds for data center development.

The environmental impact of modular data center deployment is also lower since it entails lower or no usage of concrete can be constructed in a phased manner and eliminates the need for additional labor.

Plant-based and other sustainable materials such as wood, hemp, and Mycelium, which can revolutionize the construction process for data centers, are also being adopted by data center operators.

GEOGRAPHICAL ANALYSIS

Among the Latin American countries, Brazil, Columbia, Argentina, and Paraguay are among the countries that have actively adopted renewable energy for most of their energy requirements.

Countries such as Mexico are also expected to ramp up their renewable energy adoption in the coming years, especially owing to worldwide and regional policies promoting the use of renewable energy. In Mexico, just over 30% of the energy mix is renewable.

In Argentina, around 26 large-scale renewable energy projects were commissioned in 2021, adding over 1GW of renewable energy. The energy capacity increased approximately 24% in 2021 compared with 2020.

VENDOR ANALYSIS

Larger colocation and hyperscale data center operators driving the market

Hyperscale operators like Google and Microsoft actively drive renewable energy adoption in Latin America. For instance, in December 2021, Google launched its cloud region in Santiago, powered by solar energy procured from ACCIONA Energia’s El Romero photovoltaic plant.

Colocation operators such as ODATA and Scala Data Centers are active adopters of renewable energy in Latin America. For instance, Scala Data Centers signed a Power Purchase Agreement (PPA) with ENGIE Brasil Energia in 2021 to supply over 1,600 GWh of renewable energy to the operator until 2033.

Some major renewable energy producers and suppliers in the Latin American market include Enel Green Power, Engie, GreenYellow, and The AES Corporation.

KEY HIGHLIGHTS OF THE INDUSTRY

Policy drivers and regulations such as The Paris Agreement, the RE100, and certifications such as Leadership in Energy and Environmental Design (LEED) and ISO50001 drive Latin America green data center market development market.

Significant contributors to green data center development in Latin America include Brazil, Chile, Argentina, and Paraguay, among others. Data center operators and governments are working towards adopting renewable energy and other measures.

Hyperscale operators in Latin America, including Google, Microsoft, Amazon Web Services, and Huawei Technologies, are driving the market in terms of sustainable investment and innovative technologies.

Prominent Data Center Investors

  • Ascenty
  • Ava Telecom
  • Amazon Web Services (AWS)
  • Claro
  • Equinix
  • Google
  • HostDime
  • Huawei Technologies
  • KIO Networks
  • Microsoft
  • ODATA
  • Oracle
  • Scala Data Centers

Renewable Energy Providers

  • Acciona Energia
  • EDP Renewables
  • Enel Green Power
  • Engie
  • Elera Renovaveis
  • Faro Energy
  • GreenYellow
  • HDF Energy
  • Iberdrola
  • Mainstream Renewable Power
  • RZK Energia
  • Shell
  • The AES Corporation
  • TotalEnergies

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage

4.1 Market Definition

4.2 Base Year

4.3 Scope of the Study

4.4 Market Segments

5 Report Assumptions & Caveats

5.1 Key Caveats

5.2 Currency Conversion

5.3 Market Derivation

6 Market at a Glance

7 Premium Insights

7.1 Key Highlights

7.2 Key Market Trends

7.3 Geographical Analysis

7.4 Vendor Analysis

8 Introduction

8.1 Overview

8.1.1 Sustainable Data Center Development

8.2 Green Data Center Metrics

8.3 Power Usage Effectiveness (Pue)

8.3.1 Key

8.4 Policy Drivers

8.4.1 the Paris Agreement & the Science Based Targets Initiative (Sbti)

8.4.2 Long Duration Energy Storage (Ldes) Council

8.4.3 Re100

8.4.4 Circular Economy

8.5 Energy Certifications

8.6 Efficiency in It Infrastructure

8.6.1 E-Waste Disposal

9 Market Opportunities & Trends

9.1 Innovative Data Center Power Technologies

9.1.1 Adoption of Advanced Ups Batteries

9.1.2 Software-Defined Data Centers & Ai in Power Monitoring

9.1.3 Microgrids

9.2 Sustainable Innovations in Data Center Power Technology

9.2.1 Eco-Diesel Generators

9.2.2 Natural Gas Generators

9.2.3 Fuel Cells

9.2.4 Hydrotreated Vegetable Oil (Hvo) Fuel

9.2.5 Nuclear Energy Generation

9.2.6 Other Innovations

9.3 Innovative Data Center Cooling Technologies

9.3.1 Tropical Data Center Test Bed

9.3.2 Free Cooling

9.3.3 Underwater Data Centers

9.3.4 Floating Data Centers

9.3.5 Other Innovative Cooling Technologies

9.4 Ai & Hpc Applications Driving Liquid Immersion & Direct-To-Chip Cooling Adoption

9.4.1 Ai Initiatives in Latin America

9.5 Renewable Energy Initiatives

9.6 Growth in Data Centers Targeting a Pue of < 1.5

9.7 Adoption of Advanced It Infrastructure

9.7.1 Converged & Hyperconverged Infrastructure

9.7.2 Arm-Based Servers

9.7.3 Server Virtualization

9.8 Government Push for Green Data Center Development

10 Market Growth Enablers

10.1 Renewable Energy Initiatives by Hyperscale & Cloud Operators

10.2 Renewable Energy Initiatives by Colocation Operators

10.3 Automation & Intelligent Monitoring Solutions

10.4 Deployment of Modular Data Centers

11 Market Restraints

11.1 Rising Carbon Emissions from Data Centers

11.2 Water Consumption by Data Centers

11.3 Lack of Skilled Data Center Professionals

11.4 Location Constraints on Green Data Centers

12 Market Landscape

12.1 Market Overview

12.2 Investment: Market Size & Forecast

12.3 Power Capacity: Market Size & Forecast

12.4 Five Forces Analysis

13 Infrastructure

13.1 Market Snapshot & Growth Engine

13.2 Electrical Infrastructure

13.3 Mechanical Infrastructure

13.4 General Construction

14 Electrical Infrastructure

14.1 Market Snapshot & Growth Engine

14.2 Ups Systems

14.3 Generators

15 Mechanical Infrastructure

15.1 Market Snapshot & Growth Engine

15.2 Cooling Systems

15.3 Racks

16 Cooling System

16.1 Market Snapshot & Growth Engine

16.2 Crac & Crah Units

16.3 Chiller Units

16.4 Cooling Towers, Condensers & Dry Coolers

16.5 Economizers & Evaporative Coolers

17 General Construction

17.1 Market Snapshot & Growth Engine

17.2 Core & Shell Development

17.3 Mep & Architectural Design Services

17.4 Physical Security & Fire Safety Systems

17.5 Dcim/Bms Solutions

For more information about this report visit https://www.researchandmarkets.com/r/8l0iwt

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T. Office Hours Call 1-917-300-0470

For U.S./ CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

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Fluence Announces Partnership With Maryland Cannabis Leader, CULTA

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Science-minded cannabis company leverages Fluence’s LED technology to develop new medical strains and pursue sustainability goals

AUSTIN, Texas–(BUSINESS WIRE)–Fluence, a leading global provider of energy-efficient LED lighting solutions for commercial cannabis and food production, announced today its LED partnership with Bethesda, Maryland-based, CULTA, a vertically-integrated seed-to-sale cannabis company offering indoor- and outdoor-grown cannabis products.

As the first medicinal cannabis distributor to grow outdoors in Maryland, CULTA has led the charge in using science and innovative technology to cultivate best-in-class products for its patients. CULTA’s growing operation is split between indoor rooms and three acres of outdoor cropland at its Cambridge, Maryland, processing facility, which also houses the state’s first on-site culture lab for genetic cannabis tissue. The company delivers products to patients at its flagship Baltimore dispensary and many partner dispensaries throughout the state.

Demand for medical cannabis in Maryland has exploded since the state first legalized medical cannabis sales to registered patients in 2017, with a commensurate increase in state-issued grower, processor and dispensary licenses leading to more marketplace competition than ever. CULTA turned to Fluence LED technology to enhance its indoor operations and genetic library, cementing its status as an industry frontrunner in producing premium cannabis strains for patients and developing new and unique terpene combinations for high-quality medicine.

“We now have Fluence SPYDRx, SPYDR 2x, SPYDR 2p and VYPR fixtures installed in our facility in Cambridge,” said Jay Bouton, senior director of cultivation at CULTA. “LED technology has helped increase our output in each grow space by allowing us to go vertical, and the high-intensity lighting also enables us to push our plants harder than we ever have before. We’re using Fluence LEDs to increase the amount of plant photosynthesis during peak growth periods and have experienced increased potency, yields and success as a result.”

Equipping the Cambridge facility’s cannabis grow rooms with Fluence LED technology has also supported CULTA’s sustainability goals by cutting down on its carbon footprint and removing demand from Maryland’s electricity grid. While CULTA continues to use legacy high-pressure sodium (HPS) lights in some cultivation spaces, each new indoor facility expansion has been outfitted with LED double-stack lighting.

“As we continue to grow our indoor operations, we will only purchase LED lighting,” said Tom Moylan, director of cultivation at CULTA. “Our energy efficiency is much higher and our thickest, fullest flowering room is using Fluence fixtures.”

The addition of full-spectrum LED lighting to its growing repertoire is already assisting CULTA in its mission to understand optimal environmental and nutritional needs for cannabis cultivation. This data will allow the company to produce new cultivars that can cater to diverse medical needs as well as optimize current processes to increase production and improve delivery of high-quality medicine to patients.

“At Fluence, we are led by science and driven by cutting-edge exploration and innovation,” said David Cohen, CEO of Fluence. “We found a like-minded partner in CULTA and are thrilled to collaborate in their research and development to diversify its brand and product portfolio to pursue solutions for a growing customer base of medical patients.”

For more information on Fluence, visit www.fluence.science.

About Fluence

Fluence Bioengineering, Inc. (Fluence) creates powerful and energy-efficient LED lighting solutions for commercial crop production and research applications. Fluence is a leading LED lighting supplier in the global cannabis market and is committed to enabling more efficient crop production with the world’s top vertical farms and greenhouse produce growers. Fluence global headquarters are in Austin, Texas, with its EMEA headquarters in Rotterdam, Netherlands. Fluence operates as a business unit within Signify’s Digital Solutions division. For more information about Fluence, visit www.fluence.science.

About CULTA

Born in 2015, CULTA is Maryland’s premier craft quality producer of cannabis flower and cannabis extracts. We are proud and passionate cultivators, scientists, activists, musicians and global citizens. We believe in the power of cannabis to heal and for cannabis to be the catalyst for a long overdue conversation about drug reform. For many who have quietly battled chronic conditions with cannabis, it is more than a plant, it’s lifesaving medicine and a lifestyle. To learn more, please visit www.culta.io.

Contacts

For Fluence,

Nichole Hazard

nichole@redfancommunications.com
C: 512-960-7656

For CULTA,

Renier Fee

Renier.Fee@Culta.io

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High-Precision Check Weigher Receives NTEP Certification

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Achievement marks the first weighing system certification specific to the cannabis industry

LAS VEGAS–(BUSINESS WIRE)–Canapa by Paxiom is proud to announce that its Pre-CheQ Analyzer from WeighPack Systems has been awarded the NTEP Certificate of Conformance from the National Conference on Weights and Measures.


After rigorous, repetitive testing of the Pre-CheQ and its electro-magnetic force restoration (EMFR) weigh cell technology, the NCWM issued this prestigious certificate within their Accuracy Class II, used for laboratory weighing of products ranging from cannabis to precious metals.

Engineered to accurately weigh product to 0.001g, the Pre-CheQ weighs product after the weigh filling stage to ensure weight accuracy just prior to product packaging. If the products falls above or below the target weight, it is sent to an accumulation bin for reuse. This type of precise measurement closer to the final container is preferred over other systems that use less accurate strain gauge load cells to weigh individual weigh buckets prior to product dispensing.

Designed to check weigh products directly above the package prior to filling, the Pre-CheQ Analyzer, and its ultra-precise EMFR weigh cell technology, is perfectly suited to weigh cannabis flower, gummies, capsules and other products with seamless integration into bagging and container filling systems.

This compact, modular check weigher also features stainless-steel frame construction, toolless removable re-accumulation and real-time reporting with data export to both USB and seed-to-sale software.

To receive more information on this industry-leading technology, visit https://www.canapasolutions.com/cannabis-packaging-machine-inquiry/.

Canapa is a global leader in the design, manufacture and integration of automated cannabis packaging machines for the legal cannabis and hemp industries. From weighing, pre-roll filling, jar and pouch filling, bagging and wrapping to conveying, cartoning, case packing and palletizing, Canapa packaging solutions can be tailored to meet specific production, space and budgetary needs.

Contacts

David Morgan, Director of Marketing, dwmorgan@canapasolutions.com, 702-450-0808 x625

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