SPO is developing its cultivation facilities for entrance into the Cannabis Seeds Market. Our mission is to make a difference by providing the best possible cannabis genetics. We strive to be purveyors of the most elite strains available on the market. All of our strains are sourced responsibly.
Our goal is to be a trusted resource for agricultural, industrial, wholesale, and retail customers looking to achieve superior yields and increased ROI by using SPO Genetics. We do this through strategic planning, operational controls, and constant assessment of existing operations.
The global cannabis seeds market is expected to gain market growth from 2020 to 2027. Data Bridge Market Research analyses that the market is growing with the CAGR of 14.5% in the forecast period of 2020 to 2027 and is expected to reach USD 723.77 million by 2027. The highly legalized region and demand for cannabis seeds are high; hence, revenue generation is also high, helping the market growth in the region.
The cannabis seeds market is growing tremendously in the U.S. with the legalization of cannabis in 33 out of 50 states. The cannabis seeds are instrumental to the type of cannabis plants developed. These seeds can be of various types, including regular, auto-flower, and feminized, depending on the type of plant to be grown. Various seedbanks have been established in the countries such as the U.S., Netherlands, Spain, Italy to distribute cannabis seeds in local territories such as dinafem seeds cannabis seeds U.S. and others.
The breeding of strains is done to produce the desired quality of strains. The cannabis seeds have two very important chemicals in them namely, cannabidiol (CBD) which is non-psychoactive element and tetrahydrocannabinol (THC) which is the psychoactive element. Depending on them there are two seed varieties which are cannabidiol (CBD) and tetrahydrocannabinol (THC) dominant. Apart from the approved drugs, there is an increased interest in two cannabinoids, Tetrahydrocannabinol (THC) and Cannabidiol (CBD). THC is seen to increase appetite, reduce nausea and treat muscle control problems, while CBD is helpful in controlling epileptic seizures, treating mental illness, and reduce inflammation.