Cannabis
Today Marks The Start Of MADD Canada’s Project Red Ribbon Campaign To Promote Sober Driving This Holiday Season
OAKVILLE, Ontario, Nov. 02, 2020 (GLOBE NEWSWIRE) — With the holiday season fast approaching, MADD Canada and its Chapters and Community Leaders across the country are launching the Project Red Ribbon campaign to raise awareness about the risks of impaired driving and to honour victims and survivors.
Running from today until January 4, Project Red Ribbon encourages motorists to always drive sober. During the campaign, MADD Canada’s Chapter and Community Leader distribute red ribbons and red ribbon car decals for the public to display as a symbol of their commitment to sober driving. The ribbons also serve as a powerful tribute to the thousands of victims killed or injured each year in crashes involving alcohol and/or drugs.
“While the usual holiday gatherings and celebrations may be different this year due to the COVID-19 pandemic the risk for impaired driving remains,” said MADD Canada National President Jaymie-Lyne Hancock. “Our red ribbons serve as a reminder to everyone that if you are going to be consuming alcohol, cannabis or other drugs, plan ahead for a sober ride home. Driving impaired is just never worth the risk.”
The Honourable Bill Blair, Minister of Public Safety and Emergency Preparedness shared a message of support for today’s Project Red Ribbon launch. “The dangers and consequences associated with driving under the influence of drugs or alcohol can be fatal. Today, we stand together to remember and honour the victims and survivors of impaired driving,” Minister Blair said. “Every Canadian driver is responsible for doing their part in keeping our roads safe. If you choose to consume alcohol or cannabis over the Holiday season, stay home and stay safe. It could save a life.”
Ms. Hancock knows the devastation and tragedy of impaired driving all too well. Her brother D.J. was killed by an impaired driver in 2014.
“No one gets behind the wheel thinking they may cause a crash that kills or injures someone,” she said. “But it happens all too often. Our red ribbons remind people that they can prevent these tragedies from happening.”
To see Ms. Hancock’s special video message about Project Red Ribbon, visit: https://youtu.be/2_H-qP2c0x8
Project Red Ribbon will look different this year as well, with in-person events and activities limited due to the pandemic. Where health and safety guidelines allow, MADD Canada volunteers will be out in the community distributing red ribbons, participating in checkstops and other events. In other communities where health and safety guidelines prevent this kind of activity, volunteers will be distributing ribbons by mail and through participating retailers. The campaign will also include activities on social media to share the sober driving message.
MADD Canada is asking Canadians to get their red ribbon or red ribbon car decal (through the MADD Canada website at www.madd.ca, by contacting 1-800-665-6233 or [email protected], through local Chapters and Community Leaders, and at participating sponsor outlets) and then:
Tie it! Put the ribbon on your car, your purse or briefcase, your bike or your backpack to show your commitment to sober driving.
Wear it! Show your support by picking a day to wear RED in honour of Project Red Ribbon.
Show it and share it! Show your spirit and share pictures of you wearing red or displaying your red ribbon on social media. Tag MADD Canada and use the hashtag #ProjectRedRibbon. (Follow us on social media: Facebook – facebook.com/maddcanada.ca; Twitter – @MADDCanada; Instagram – madd_canada .)
Live it! Never drive impaired and always plan ahead for a sober ride home. We can ALL help prevent impaired driving this holiday season.
Anyone who wishes to support Project Red Ribbon with a donation can do so online through the website, by calling 1-800-665-6233 or by texting “RIBBON” to 45678 (a one-time $10 donation is added to the donor’s cell phone bill and payable to his or her service provider.)
However you are celebrating this holiday season, make a sober ride home your priority. Call an Uber or a cab, arrange a designated driver, take public transit or stay the night. Those looking for a safe, sober and reliable ride home at the push of a button can check out Uber, MADD Canada’s Official Designated Driving App. For more information, visit: https://www.uber.com/ca/en/.
MADD Canada thanks its national 2020 Project Red Ribbon sponsors for their generous support, including: Irving Oil Limited, Uber, BMO Financial Group and Cascades Canada ULC. For a full list of this year’s Project Red Ribbon sponsors, visit www.madd.ca.
About MADD Canada
MADD Canada is a national, charitable organization that is committed to stopping impaired driving and supporting the victims of this violent crime. With volunteer-driven groups in more than 100 communities across Canada, MADD Canada aims to offer support services to victims, heighten awareness of the dangers of impaired driving and save lives and prevent injuries on our roads. To learn more, visit www.madd.ca.
For more information, contact: Jaymie-Lyne Hancock, MADD Canada National President, 705-623-3148 or . Deb Kelly, MADD Canada Communications Manager, 1-800-665-6233, ext 240 or .
Cannabis
Cannabis Testing Market Worth $4.0 billion | MarketsandMarkets™
CHICAGO, May 23, 2024 /PRNewswire/ — Cannabis Testing Market in terms of revenue was estimated to be worth $1.8 billion in 2024 and is poised to reach $4.0 billion by 2029, growing at a CAGR of 17.2% from 2024 to 2029 according to a new report by MarketsandMarkets™.
The important factors impacting market growth are legalization trends and rising medical applications for cannabis. Rising approvals for medical and recreational cannabis drive the regulations requiring product safety testing which in turn fuel the need for cannabis testing services. Additionally, the rise in the number of cannabis testing labs due to legalization is propelling the demand for analytical instruments is likely to uplift market growth in coming years.
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Browse in-depth TOC on “Cannabis Testing Market”
439 – Tables
52 – Figures
378 – Pages
Cannabis Testing Market Scope:
Report Coverage |
Details |
Market Revenue in 2024 |
$1.8 billion |
Estimated Value by 2029 |
$4.0 billion |
Growth Rate |
Poised to grow at a CAGR of 17.2% |
Market Size Available for |
2022–2029 |
Forecast Period |
2024–2029 |
Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
By Product & Software, By Service & By End User |
Geographies Covered |
North America, Europe, the Asia Pacific, Latin America and the Middle East & Africa |
Report Highlights |
Updated financial information / product portfolio of players |
Key Market Opportunities |
Untapped markets in emerging economies |
Key Market Drivers |
Increasing legalization of medical and recreational cannabis |
Products segment held the highest estimated share of the cannabis testing market.
Based on product & software, the cannabis testing market is segmented into products (analytical instruments {chromatography instruments [liquid chromatography, gas chromatography & other chromatography instruments], spectroscopy instruments [mass spectrometry instruments & atomic spectroscopy instruments] & other analytical instruments} and consumables {chromatography columns, standards and CRMS, sample preparation products and other consumables) and software. The product segment accounted for the largest share of the cannabis testing market in 2023. Market growth is driven by technological advancements providing sophisticated tools for precise analysis, ensuring compliance and quality control, and the expanding legalization of cannabis products. Additionally, increasing requirements for potency labeling and pesticide screening fuel the demand for specialized consumables, further propelling growth in the cannabis testing market. For example, Thermo Fisher Scientific Inc. launched the Thermo Scientific SureSTART consumables portfolio consisting of vials, well plates, caps, inserts, kits, and mats to improve analytical performance and sample security for chromatography and mass spectrometry users in routine and research labs in clinical, food, pharma, biopharma, environmental, and academic sectors.
High growth of services segment attributed to potency testing services.
Based on service, the cannabis testing market is broadly segmented into terpene profiling, microbial analysis, residual solvent analysis, potency testing, heavy metal testing, pesticide screening, and other services. In 2023, potency testing accounted for the largest share of the cannabis testing services market. The high growth of this segment is due to stringent regulatory requirements ensuring accurate THC and CBD levels. This is crucial for product labeling, consumer safety, and compliance, driving demand from producers and dispensaries seeking to meet legal standards and provide reliable, high-quality products.
Services take away the largest estimated share of the end-user segment.
Based on end users, the cannabis testing market is classified into segmented into product & software end users (cannabis testing laboratories {small-scale laboratories, medium-scale laboratories, large-scale laboratories} and research institutes) and service end users (cannabis drug manufacturers & dispensaries, cannabis cultivators/growers). In 2023, the service end users’ segment was predicted to account for the highest share of the global cannabis testing market. The large share of this end user segment is due to the rising consumer awareness of quality and safety, rising legalization of cannabis, stringent regulatory standards, and technological advancements in cannabis testing.
During the forecast period, North America displayed lucrative market growth.
North America accounted for the largest share of 65.5% of the cannabis testing market in 2023. The North American market is projected to reach a value of USD 2.6 billion by 2029 from an estimated value of USD 1.2 million in 2024, at a CAGR of 17.3% during the forecast period. The region leads the cannabis testing market due to stringent regulatory standards, robust infrastructure, and widespread legalization of cannabis for medical and recreational purposes. Additionally, North America’s advanced R&D capabilities and evolving consumer demand for quality assurance drive its prominence in this growing sector.
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Cannabis Testing Market Dynamics:
Drivers:
- Increasing legalization of medical and recreational cannabis
- Increasing use of cannabis for medicinal applications
- Technological advancements in testing technologies
Restraints:
- Lack of standardization
- Investment risks due to regularization
Opportunities:
- Untapped markets in emerging economies
- Research collaborations
Challenge:
- High setup costs
Key Market Players of Cannabis Testing Industry:
The global cannabis testing market comprises many key market players competing for markets shares like Agilent Technologies, Inc. (US), Shimadzu Corporation (Japan), Thermo Fisher Scientific Inc. (US), Danaher Corporation (US), Waters Corporation (US), Restek Corporation (US), SGS SA (Switzerland), Merck KGaA (Germany), PerkinElmer, Inc. (US), Hamilton Company (US), Sigma Analytical Services (Canada), SC Labs (US), PharmLabs LLC (US), MCS, Inc. (US), ProVerde Laboratories (US), and Eurofins Scientific (Luxembourg).
The primary interviews conducted for this report can be categorized as follows:
- By Respondent: Supply Side- 70%, and Demand Side – 30%
- By Designation (Supply Side): Managers – 45%, CXOs & Directors – 30%, Executives- 25%
- By Region: North America -40%, Europe -25%, Asia-Pacific -20%, Latin America -10%, MEA- 5%
Recent Developments:
- In September 2023, Shimadzu Corporation launched the Brevis GC-2050 gas chromatograph used in various applications including cannabis testing.
- In April 2023, SC Labs, one of the leading cannabis testing companies, acquired C4 Laboratories, one of the first Arizona cannabis labs, thus allowing it to be licensed and accredited in five states: California, Colorado, Michigan, Oregon, and Arizona.
- In June 2022, Shimadzu Corporation launched the AA-7800 series atomic absorption spectrophotometers. The AA-7800 series is used for quality control in the raw material, food, and for inspecting water quality and hazardous substances in soil thus presenting an advantage in heavy metal testing of cannabis.
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Cannabis Testing Market – Key Benefits of Buying the Report:
The report will help market leaders/new entrants by providing them with the closest approximations of the revenue numbers for the overall cannabis testing market and its subsegments. It will also help stakeholders better understand the competitive landscape and gain more insights to better position their business and make suitable go-to-market strategies. This report will enable stakeholders to understand the market’s pulse and provide them with information on the key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
- Analysis of key drivers (increasing legalization of medical and recreational cannabis, increasing use of cannabis for medicinal applications and technological advancements in testing technologies), restraints (lack of standardization and investment risks due to regularization), opportunities (untapped markets in emerging economies and research collaborations) and challenges (high setup costs) are influencing the growth of cannabis testing market.
- Product Development/Innovation: Detailed insights on newly launched products of the cannabis testing market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the cannabis testing market across varied regions.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the cannabis testing market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players include Agilent Technologies, Inc. (US), Shimadzu Corporation (Japan), Thermo Fisher Scientific Inc. (US), Danaher Corporation (US), Waters Corporation (US), Restek Corporation (US), SGS SA (Switzerland), Merck KGaA (Germany), PerkinElmer, Inc. (US), Hamilton Company (US), Sigma Analytical Services (Canada), SC Labs (US), PharmLabs LLC (US), MCS, Inc. (US), ProVerde Laboratories (US), and Eurofins Scientific (Luxembourg) among others in the cannabis testing market.
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Flow Cytometry Market – Global Forecasts to 2028
Get access to the latest updates on Cannabis Testing Companies and Cannabis Testing Industry Growth
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