Quality Assurance in Cannabis Extraction & Analytical Testing Market
Cannabis extraction & analytical testing involves the processes of extracting beneficial compounds from the cannabis plant and subsequently examining the resulting products for potency, purity, and potential contaminants. This ensures that cannabis-derived goods meet rigorous quality standards, addressing the unique complexities associated with the plant. According to Inkwood Research, the global cannabis extraction & analytical testing market is set to develop with a CAGR of 15.77% during the forecast period, 2023 to 2032. Moreover, the market is projected to capture a revenue of $14432.82 million by 2032. Certified organic cannabis and hemp products, cultivated in adherence to organic standards or surpassing them, offer reduced contamination risk and superior end-product quality for consumers. Besides, by prioritizing organic practices, producers also demonstrate their commitment to the creation of a safer and more reliable consumer experience.
Quality Assurance: The Need of the Hour in the Cannabis Extraction & Testing Industry Experts agree that quality assurance and quality control measures required in the development of hemp as well as cannabis-infused foods & beverages are similar to other food products – cannabis ingredient sourcing and selection factor into finished product quality in exactly the same way they do in any other manufactured food product. Accordingly, as per Yasir Hashim, the co-founder and CEO of Lumen, “The key things to watch out for are heavy metals, residual solvents and microbial contaminants that are easy to identify with third party testing.” (Source)