2025-2030 Cannabis Lighting Market Overview: Share Insights, Industry Trends, and Growth Projections

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July 1, 2025

2025-2030 Cannabis Lighting Market Overview: Share Insights, Industry Trends, and Growth Projections

The Cannabis Lighting Market is projected to experience robust growth, with a compound annual growth rate (CAGR) of 7.6% from 2025 to 2030, fueled by the increasing use of medical cannabis and cultivation practices. Key industry players like Pfizer are making significant moves into the market, as evidenced by their $6.7 billion deal with arena Pharmaceuticals. The trend towards energy-efficient LED lighting is gaining traction, particularly in North America, where legalization and investment in cannabis cultivation are on the rise. Innovations in lighting technology are expected to enhance crop production efficiency, despite challenges related to the high costs of indoor setups. Positive legislative changes in Europe further support this burgeoning market.

Original source:

https://finance.yahoo.com/news/cannabis-lighting-market-report-2025-150600574.html

2025-2030 Cannabis Lighting Market Overview: Share Insights, Industry Trends, and Growth Projections

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