Cannabis

Zenabis Provides Operations Update for September 2019

Published

4 years ago

October 21, 2019

Photo source: huddle.today

Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company“) is pleased to provide an update on its recent facility construction and licensing activities and recent cannabis production results.

Highlights:

With respect to production results:
- Cultivation output in September 2019 was 2,089 kg of dried cannabis, with production at Zenabis Atholville outperforming its revised design capacity by 21.8% (the Performance Ratio¹).
- Cultivation output of 2,089 kg of dried cannabis was 21.2% greater than Zenabis’ revised forecast output (as updated on August 6, 2019) of 1,731 kg of dried cannabis.
Zenabis submitted a license amendment application for Zenabis Langley’s existing cultivation license on September 27, 2019 to include additional growing areas totaling 101,300 sq. ft. for Zenabis Langley – Part 2A. Zenabis’ licensed annual production capacity is expected to increase by 39,400 kg to 96,400 kg once this license amendment is approved by Health Canada.
Zenabis continues to focus on construction and licensing of Zenabis Langley. Zenabis has revised its construction timelines at Zenabis Langley to split Zenabis Langley – Part 2B into two phases (Zenabis Langley – Part 2B and Zenabis Langley – Part 2C) in order to preserve cashflow given current market conditions and reduce ramp-up risk, among other reasons detailed below. Zenabis expects to submit a license amendment for Part 2B in November 2019 (14,800 kg of licensed annual production capacity). Zenabis expects to submit a license amendment for Part 2C in February 2020 (32,000 kg of licensed annual production capacity) to the extent this is justified by market demand at economic prices. Zenabis’ total annual cultivation capacity is expected to increase to 143,200 kg of dried cannabis on completion of licensing at Zenabis Langley early in the second quarter of 2020.

Andrew Grieve, Chief Executive Officer of Zenabis, stated, “We continued to see strong cultivation results in September, with output exceeding our forecast of 1,731 kg by 21.8%. Our Performance Ratio decreased month over month as a result of the significant number of harvests from newly licensed rooms in the month (five of the 10 harvests). The Performance Ratio for newly licensed rooms harvested in September was 14.2% while the Performance Ratio for rooms that had previously been operated was 30.0%. Although the variety of cultivation approaches and rapid scale-up at Zenabis Atholville continues to cause room by room variance, steady-state yields for each cultivar are expected in the near-term, with general steady-state operations expected at Zenabis Atholville by the end of 2019.

“Since our last update, we increased our licensed annual cultivation capacity to 57,000 kg and submitted a licence application that is expected to increase our licensed annual production capacity by 69%, from 57,000 kg to 96,400 kg,” continued Andrew Grieve, Chief Executive Office of Zenabis. “While the timeline revision for Zenabis Langley will delay achieving full design capacity at the facility, we expect to have 96,400 kg of capacity licensed and operational by the end of 2019 with approval of the Zenabis Langley – Part 2A amendment. By early in the first quarter of 2020, we expect to have 111,200 kg of capacity licensed and operational with the approval of the Zenabis Langley – Part 2B amendment.”

_________________________

To better reflect the actual performance of its facilities, the Company reports a Performance Ratio, calculated as follows: after each harvest, Zenabis calculates the dry weight cannabis output for each room (the “Total Output”), taking into account the amount of days in production through a combination of: (1) the amount of flower room days used (including turnaround time) for that room; and (2) the amount of flower-room equivalent days required from other flower rooms in support of that harvest (together the “Effective Flower Room Equivalent Days”). Zenabis then divides the Total Output by the Effective Flower Room Equivalent Days in order to produce the “Effective Yield Per Day” for each room, and then divides the Effective Yield Per Day by the Design Capacity Yield Per Day for each room in order to determine actual performance versus the Design Capacity Yield Per Day (this ratio being the “Performance Ratio”). Zenabis believes that the Performance Ratio will provide investors with the best measure of actual cultivation performance versus Zenabis’ published design capacity. Zenabis intends to update and publish updated design capacities for each of its facilities when a facility has harvested from all its flower rooms (with the update at that time reflecting the most recent performance from each flower room) and again, if required due to significantly different results, when a facility achieves consistent monthly performance at a level that is different from its published Design Capacity. Zenabis revised its design capacity at Zenabis Atholville upwards by 35% (equal to Zenabis Atholville’s Performance Ratio for the three months ended June 30, 2019) from 34,300 kg per annum to 46,300 kg per annum. Zenabis no longer reports outperformance relative to original design capacity (the kg/day figure utilized to derive the 34,300 kg design capacity).

Cannabis Production Summary

In September 2019, Zenabis realized a total harvest weight of 2,089 kg of dried cannabis.

The amount harvested at Zenabis Atholville for the three months ending September 30, 2019 exceeded the revised design capacity of the flower rooms by an average of 25.7%, compared to 23.2% in the three-month period from June 2019 through August 2019. A month-to-month comparison of actual harvests compared with harvest forecast based on revised design capacity between January 2019 and September 2019 for Zenabis Atholville is provided in the table below.

Revised Design Capacity

Performance at Zenabis

Atholville

Jan

2019

Feb

2019

Mar

2019

Apr

2019

May

2019

June

2019

July

2019

Aug

2019

Sept

2019

Total

Actual Harvest Weight (kg)

474

480

518

809

908

756

1,238

1,912

2,089

9,184

Revised Design Capacity

Harvest Weight (kg)²

467

643

539

796

895

716

1,097

1,357

1,715

8,225

Difference (kg)

(163)

(21)

141

555

374

959

Difference (%) – Revised

“Performance Ratio”

1.5%

(25.3%)

(3.9%)

1.6%

1.5%

5.6%

12.9%

40.9%

21.8%

11.7%

The Revised Design Capacity Harvest Weight is based on the “design capacity” yield that Zenabis has disclosed to date. This figure was derived by converting the actual square footage of flower room space and the forecast canopy for each specific flower room into a kilograms per room per day figure based on Zenabis’ historical yield data at the Zenabis Atholville facility based on the yield performance in the three months ending June 2019 for revised design capacity. The Revised Design Capacity Harvest Weight in the table above is the harvest weight that would have resulted if the Design Capacity Yield Per Day for a room was multiplied by the Effective Flower Room Equivalent Days, as defined under “Performance Ratio”. Zenabis has revised its design capacity at Zenabis Atholville upwards by 35% (equal to Zenabis Atholville’s Performance Ratio for the three months ended June 30, 2019) from 34,300 kg per annum to 46,300 kg per annum. Zenabis no longer reports outperformance relative to original design capacity (the kg/day figure utilized to derive the 34,300 kg original design capacity for Zenabis Atholville)

In September 2019, Zenabis completed 10 harvests at Zenabis Atholville. The average Performance Ratio for these harvests was 21.8% relative to the revised design capacity. In September 2019, Zenabis did not complete any harvests at Zenabis Stellarton or Zenabis Langley.

2019 Harvest Forecast – Zenabis Atholville, Zenabis Stellarton and Zenabis Langley Site A – Part 1

For its existing licensed facilities of Zenabis Atholville, Zenabis Stellarton and Zenabis Langley Site A – Part 1, Zenabis expects to produce approximately 16,733⁵ kg of dried cannabis from October 2019 through January 2020. Zenabis continues to expect to complete its first harvest from Zenabis Langley in November. Zenabis’ forecast harvest output in November includes 1,650 kg from Zenabis Langley. The following table sets out Zenabis’ estimated aggregate monthly harvests for Zenabis Atholville, Zenabis Stellarton and Zenabis Langley Site A – Part 1 for the remainder of 2019 and January of 2020.

July

2019

Aug

2019

Sept

2019

Oct

2019

Nov

2019

Dec

2019

Jan

2020

Total

Forecast (kg)³

1,212

1,579

1,731

3,758

5,199

4,200

3,576

21,255

Actual (kg)

1,238

1,996

2,089

5,323

This forward-looking estimate of future harvest results is based on the following material assumptions: (1) Zenabis Stellarton and Zenabis Langley Site A – Part 1 operate at their published design capacity on a room by room basis for the cultivation space that is licensed and in cultivation at the forward-looking periods noted; (2) Atholville rooms operate based on the current flower schedule and at revised design capacity (a 35% increase relative to original design capacity); and (3) Cultivation commencement at Zenabis Langley Site A – Part 1 in September 2019.

Zenabis intends to provide a monthly cultivation forecast for Zenabis Langley Site A – Part 2A and Zenabis Langley Site A – Part 2B upon receipt of all cultivation license amendments for these phases.

Cannabis Post-Harvesting and Packaging Discussion

The timeline from harvest to the point at which Zenabis completes a sale of that product ranges from a minimum of three weeks (in the case of a bulk sale to a licensed producer) to more than eight weeks (in the case of soft gel capsules which involve external extraction, processing, filling, packaging and shipment). Zenabis recognizes the revenue from completion of such sales in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board.

In August 2019, Zenabis replaced its original packaging equipment (for bud jar filling) at Zenabis Atholville with new packaging equipment intended to achieve output of 30,000 units per day (equivalent to more than 90,000 grams per day at current average volumes per jar). During September 2019, the new packaging equipment was not able to achieve its expected output. Instead average output in September was 6,276 units per day, resulting in completed bud filling of only 517 kg (this excludes pre-roll packaging and bulk packaging). As a result, Zenabis was not able to package, ship and sell all of its product cultivated in August and September that had been destined for provincial counterparties, causing a delay in achieving the Company’s expected revenues. With focused troubleshooting, Zenabis has now achieved primary packaging output of 11,643 units per day, on average, during the 14 days ending October 20, 2019, with a maximum of 22,416 units per day. In addition, Zenabis has moved the original packaging equipment at Zenabis Atholville to Zenabis Stellarton and is in the process of ramping-up packaging at Zenabis Stellarton (bud filling commenced October 10, 2019 and pre-roll packaging commenced September 11, 2019). Zenabis expects that, as of November 2019, the Company will have surplus packaging capacity, and that there will be no further delays in the Company’s ability to package, ship and sell all of the product cultivated at Zenabis Atholville.

Currently, indicative demand from provincial counterparties exceeds forecast supply of both packaged flower and packaged pre-rolls for October 2019 through January of 2020 without further reductions in price. Indicative demand does not necessarily translate into actual demand, as the planning process with provincial counterparties may not result in firm volume indications until two weeks prior to a shipment, with purchase orders at times being finalized within days of shipments. As ramp-up of Zenabis’ facilities and the facilities of competitors occurs, Zenabis expects continued pressure on wholesale pricing to be applied by provincial counterparties.

In September, Zenabis packaged 650 kg of bulk product and shipped 190 kg, with the remainder held over for shipment to bulk counterparties in October to meet prepaid supply agreement commitments. Zenabis packaged 732 kg of flower and pre-rolls for provincial counterparties in September and shipped 462 kg. Zenabis also shipped 174 litres of oil products in September.

Construction and Facility Update

Zenabis Atholville

Now that construction is substantially complete⁴ at Zenabis Atholville, Zenabis is focused on operational improvements to reduce operating costs (increasing packaging automation, for example), improve post-harvest processing, increase yield, and improve packaging throughput.

Zenabis Langley

The first phase of Zenabis Langley (Zenabis Langley – Part 1) is licensed and operational. Since Zenabis’ August operations update was released, Zenabis has reached substantial completion of Part 2A⁴ and submitted a cultivation license amendment for this phase.

Zenabis remains focused on converting the remaining portion of Zenabis Langley but has revised its conversion plan for these phases to split Zenabis Langley – Part 2B into two phases (Zenabis Langley – Part 2B and Zenabis Langley – Part 2C). Zenabis has made this revision for the following reasons:

Focus on Cashflow Generation. By revising the timeline for the submission of Zenabis Langley’s final two flower rooms (Zenabis Langley – Part 2C), Zenabis expects to be able to reduce cashflow outflows for capital expenditure as Zenabis works to generate positive cashflow from operations.
Staggering Operational Ramp-Up. Further staggering the operational ramp-up at Zenabis Langley is expected to reduce the inherent issues that come with ramping up a facility of this size. As is illustrated by the packaging discussion above (regarding ramp-up at Zenabis Atholville), ramp-up challenges are possible in this industry. While Zenabis is focused on ramping up its facilities in a manner where any commercially possible action is taken to mitigate ramp-up risk, Zenabis believes that staggering the ramp-up at Zenabis Langley is in the best interest of the Company.
Defer Budget Overages. Zenabis recently identified that it expects to spend the entirety of its estimated amount remaining at Zenabis Langley (as forecast in Zenabis’ MD&A for the period ending June 30, 2019 at $13,700,000) upon completion of Part 2B. As a result, Zenabis expects capital expenditure amounts remaining to spend relating to Part 2C to be budget overages (estimated to be $4,000,000). This overage was driven by increases in equipment costs relating to HVAC equipment and automated tray tables. Zenabis has made the decision to defer this overage expenditure to a time when it can be funded by operating cashflow as opposed to cash on hand.

Zenabis expects this timeline revision to have the following impact on the cumulative capacity submitted for licensing at Zenabis Langley:

Month	Cumulative Capacity Submitted for Licensing (Original Timeline)	Cumulative Capacity Submitted for Licensing (Revised Timeline)	Difference
October 2019	49,300 kg	49,300 kg	–
November 2019	96,100 kg	64,100 kg	(32,000 kg)
December 2019	96,100 kg	64,100 kg	(32,000 kg)
January 2020	96,100 kg	64,100 kg	(32,000 kg)
February 2020	96,100 kg	96,100 kg	–

A summary of construction status by phase is provided below:

Phase

Design Capacity

Description

Part 1

9,900 kg

– Licensed and operational

Part 2A

39,400 kg

– Consists of 101,300 sq. ft. of flower room space (two flower rooms)

– Substantially complete

– License amendment submitted in September 2019

Part 2B

14,800 kg

– Consists of 38,000 sq. ft. of flower room space (one flower room)

– HVAC, flooring and shade screen installation is ongoing

– Security equipment and lighting installation is substantially complete

Part 2C

32,000 kg

– Consists of 82,200 sq. ft. of flower room space (two flower rooms) and

122,300 sq. ft. of other operational spaces (includes drying rooms,

packaging rooms, mother space and vegetation space)

– HVAC, flooring and shade screen installation is ongoing

– Security equipment and lighting installation is substantially complete

_________________________
⁴	Zenabis defines substantial completion as the ability to undertake (subject to licensing) all production activities within the design capacity of the facility.

Zenabis Stellarton

On September 6, 2019, Zenabis received a cannabis processing license for Zenabis Stellarton. Zenabis commenced pre-roll production at Zenabis Stellarton during the week of September 9, 2019. Zenabis’ current pre-roll production capacity at Zenabis Stellarton is estimated at ~600 kg of pre-rolls per month. Zenabis intends to achieve output of 1,200 kg of pre-rolls per month at Zenabis Stellarton by November 2019, subject to market demand for pre-rolls.

In addition, as noted above, Zenabis has installed at Zenabis Stellarton the packaging equipment (for bud jar filling) previously used at Zenabis Atholville. Following completion of the ramp-up of this equipment, combined with the new packaging equipment in operation at Zenabis Atholville, Zenabis expects to have excess packaging capacity.

Zenabis Delta

Zenabis is currently in the process of constructing extraction and post-processing capacity, a product development lab, a formulation design lab, and a full ISO certified analytical testing lab at Zenabis Delta. This construction project is expected to be complete in the first half of 2020.

Licensing Update

Zenabis is currently in the process of various licensing applications for Zenabis Delta, Zenabis Langley, Zenabis Stellarton and the Zen Craft Grow program as outlined in the table below:

License Submission	Submission Month	Annual Design Capacity
Zenabis Delta – Analytical Testing	May 2019	N/A
Zen Craft Grow – Grower 1	July 2019	350 kg
Zenabis Langley – Part 2A	September 2019	39,400 kg
Zenabis Stellarton – Sales License	October 2019⁵	N/A
Zenabis Langley – Part 2B	November 2019⁵	14,800 kg
Zenabis Langley – Part 2C	February 2020⁵	32,000 kg


⁵	Expected submission timeline subject to receipt of prior license or license amendment for each facility

Zenabis is currently using Zenabis Pitt Meadows, Zenabis Aldergrove and Zenabis Langley for the Company’s propagation and floral business, as well as hemp cultivation activities. All hemp cultivation at Zenabis Aldergrove that uses greenhouse space is currently not being used by the propagation and floral business, and thus will not have a negative impact on Zenabis’ propagation and floral business. Hemp cultivation will neither interfere with the planned cannabis cultivation activities at Zenabis Langley, nor will it reduce the cannabis cultivation design capacity of Zenabis Langley.

SOURCE Zenabis Global Inc.

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New to The Street Announces its Five Corporate Interviews, airings on Newsmax and FOX Business Network

Published

2 days ago

September 22, 2023

GlobeNewswire

NEW YORK, Sept. 22, 2023 (GLOBE NEWSWIRE) — FMW Media’s New to The Street, a premier business television show, announces their featured corporate lineups on shows 512 and 513. Each show is to air across New to The Street’s televised platforms on Newsmax and the FOX Business Network.

New to The Street airs on Newsmax, Episode 512, on Saturday, September 23, 2023, at 3:30 PM ET, and the FOX Business Network, Episode 513, on Monday, September 25, 2023, at 10:30 PM PT, featuring the following five (5) Corporate interviews:

1). American Made Products – American Rebel Holdings, Inc.’s (NASDAQ: AREB) ($AREB) interview with Andy Ross, Chairman/CEO.

2). E-commerce/ Digital Marketing – Society Pass Incorporated’s (NASDAQ: SOPA) ($SOPA) interview with Rokas Sidlauskas, Chief Marketing Officer.

3). Health Sciences – PreveCeutical Medical, Inc.’s (OTCQB: PRVCF) (CSE: PREV) (FSE: 18H) ($PRVCF) interview with Stephen Van Deventer, Chairman/CEO.

4). Artist – Hope Tain Oil Painting’s interview with Hope Tain, Artist/Owner.

5). “Sekur Privacy & Sekur Security Segment – The Weekly Hack” interview with internet privacy expert Mr. Alain Ghiai, CEO, Sekur Private Data, Ltd. (OTCQX: SWISF) (CSE: SKUR) (FRA: GDT0) ($SWISF) (Sekur®).

America Rebel Holdings, Inc.’s (NASDAQ: AREB) ($AREB) Chairman/CEO Andy Ross is with New to The Street’s TV Host Jane King. From the Nasdaq MarketSite studio, Andy talks about AREB, a NASDAQ publicly traded company that makes “American Made” products. Recognized as “America’s Patriotic Brand,” the Company has several product lines, including safes. A recent FBI raid on the home of a suspected participant on January 6, 2021, at the US Capitol Building revealed a disturbing issue. A competitor’s safe, Liberty Safe, was in the home, and the FBI contacted that manufacturer about the make and model and then Liberty handed over data to open the safe without proper legal premise. Andy explains to viewers that the Company would request appropriate legal service if the FBI contacted American Rebel regarding its Champion safe. Andy informs viewers that American Rebel believes in the United States’ Constitution and those rights inherent to Americans. Privacy is essential to every American, and if the FBI served the Company, Management would fight the legal subpoena under constitutional grounds. American Rebel would never hand over proprietary safe codes.. Demand is up for the Champion’s safes because of this FBI incident. American Rebel’s Champion Safes are affordable and reliable. Another soon-to-launch American Rebel product, “American Rebel Beer,” is coming to market. The US Beer market generates around $44B yearly, and American Rebel Beer is looking forward to breaking into the US Beer market. The roll-out of its lager and light beers will be regional, with the expectation of becoming national in 2024. It is working on other beer flavors, with roll-outs expected in the months ahead. During the Show, Andy announces his new Music CD, “I Stand for You,” which can be heard on airwaves or downloaded digitally. The American Rebel Beer jingle will air soon. Viewers can learn more about the Company’s mission and products through its strong social media presence, websites, and websites like www.americanrebel.com and www.andyross.com. The on-screen QR code is available during the show; download or visit America Rebel, Inc. – http://www.americanrebel.com/.

From the Nasdaq MarketSite studio, Rokas Sidlauskas, Chief Marketing Officer of Society Pass Incorporated (NASDAQ: SOPA) ($SOPA) (“Society Pass”) talks with New to The Street’s TV Host Jane King about SOPA. With a focus on acquisitions and growing its next-generation digital e-commerce platform, SOPA continues to onboard businesses and individuals throughout Southeast Asia. Rokas explains that with about 650 million people, SE Asia is a strong growing market, and SOPA has positioned itself to take advantage of this demographic. SOPA has business operations in Vietnam with a population of 100M, and about 55% are under 30. With a highly tech-savvy population, SE Asia embraces technology and digital solutions. The Company’s loyalty program can be interchangeable in other countries. Through SOPA’s business verticals in retail goods, fintech, telecom, travel, food/beverage, and digital marketing, Rokas gives an example where travel rewards in one country are available to purchase retail products in a different country. SOPA has business operations in Singapore, Vietnam, Philippines, Indonesia, and Thailand and is looking into expanding into Malaysia. 70% of the SE Asian population does not have a conventional banking account; they use digital wallets for purchases. Rokas believes SOPA has opportunities to expand its digital ecosystem to the “Unbanked.” The Company continues executing its business plan and wants to increase its digital ecosystem loyalty program. The loyalty app is available for iOS and Android downloads. The on-screen QR code is available during the show; download or visit Society Pass Incorporated – https://thesocietypass.com/.

PreveCeutical Medical, Inc.’s (OTCQB: PRVCF) (CSE: PREV) (FSE: 18H) ($PRVCF) (“PreveCeutical”) Chairman and CEO Stephen Van Deventer talks with New to The Street’s TV Host Jane King. PreveCeutical is a medical science company that develops innovative options for preventive and curative therapies using natural and organic compounds. The Company can synthesize molecular organic compounds through its proprietary technology and extensive peptide library to create preventative medical solutions. Using the technology, PreveCeutical developed a compound tested on mice, providing pre-clinical results on a non-addictive pain treatment more potent than opioids and morphine with no significant side effects. A pharmaceutical journal published a peer-review of the pre-clinical results. Stephen has a background in investment banking and was involved in the cannabis industry. He was involved with Aurora Cannabis Company and is passionate about finding organic and natural medical preventative solutions. The scientific team at PreveCeutical consists of doctors, PhDs, and engineers, all with impressive credentials in the pharmacology and pharmaceutical industries. With pre-clinical solid data, the team is moving forward on a clinical trial with the hopes of obtaining fast-track regulatory approvals in the US, Europe, and Australia for commercial distribution of a novel non-addictive pain management drug. The on-screen QR code is available during the show; download or visit PreveCeutical Medical, Inc. – https://www.preveceutical.com/.

New to The Street’s TV Host Jane King, from the Nasdaq MarketSite studio, interviews Hope Tain, Artist/Owner of Hope Tain Oil Painting. Hope was born and raised in Beijing, China, and in the late 1990s she moved to the US to pursue her graduate degree in New York State. In 2011, Hope painted a portrait for her son as his birthday gift; she realized her talent and pursued her art career. As self-taught and working with oil, Tain creates beautiful art depicting portraits, landscapes, seascapes, and still life, anything that inspires her. Tain explains that she visualizes each oil canvas painting before beginning each artwork. Inspirations can come from the Master artists or the simplest of events in her life, but LOVE provides her with the most inspiration for her creativity. Art taught Hope anything is possible, and pursuing her passion becomes a fulfilling career. She is grateful for her family, friends, other artists, and the art gallery communities, all providing support and influential inspiration for her oils. Currently living in Massachusetts, artwork done by Hope Tain is available for sale, or you can commission her talent for your unique and personal piece of art. The on-screen QR code is available during the show; download or visit Hope Tain Oil Painting – https://www.hopetianart.com/.

This week’s New to the Street TV “Weekly Sekur Privacy & Sekur Security Segment” with internationally acclaimed internet privacy expert Mr. Alain Ghiai, CEO of Sekur Private Data Ltd. (OTCQX: SWISF) (CSE: SKUR) (FRA: GDT0) ($SWISF) and TV Host / Multi-media Journalist Ana Berry discuss the most recent “Phishing” attack. Ana recently received a suspicious text message disguised as genuine from the United States Postal Service (USPS). Phishing is occurring on text messaging platforms, with the hacker’s objective for one to click the message link so malware downloads on the device. Alain states that Phishing increased rapidly during and after COVID because of the increased demand for online purchasers. During checkout, most sites ask for a phone number; the hackers have that information and now try to entice the unaware to click links on text messages. Sekur’s cybersecurity products never ask for a phone number. SekurVPN, SekurMail, and SekurMessenger, each with unique features, can significantly minimize the threat of becoming a cybersecurity victim. The SekurMessenger comes with the “Chat-by-Invite” feature, which allows for a close-loop, encrypted platform protecting the subscriber and chat recipient from a possible hack. The whole text message is within Sekur’s servers located in Switzerland. The “Chat-by-Invite” is available for use in 80 countries. SekurMail, with its SekurSend/SekurReply feature, offers subscribers another excellent option for secure encrypted communications. Alain believes that to enhance your internet invisibility and greatly diminish your web footprint, use the Company’s SekurVPN service; subscribers get a Swiss IP address. The Company is offering PROMO CODE: PRIVACY; subscribers can get an additional 15% off monthly and yearly subscriptions for five years. Sekur Private Data, Ltd. does no data mining, no internet traffic tracking, no shared servers, no open-platform coding, and no third-party providers, and never asks for a phone number, and the Company owns and operates its servers in Switzerland, a country with strict privacy laws. The on-screen QR code is available during the shows to download more info or visit Sekur Private Data, Ltd. – https://sekurprivatedata.com/, http://www.Sekur.com and https://www.sekurvpn.com/. “What is your privacy worth?”

About American Rebel Holdings, Inc. (NASDAQ: AREB) ($AREB):

American Rebel Holdings, Inc. (NASDAQ: AREB) ($AREB) operates primarily as a designer, manufacturer, and marketer of branded safes and personal security and self-defense products. The Company also designs and produces branded apparel and accessories – www.americanrebel.com & www.americanrebel.com/investor-relations.

About Society Pass Incorporated (NASDAQ: SOPA) ($SOPA):

Founded in 2018 as a data-driven loyalty, fintech, and e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore, and Thailand, which account for more than 80% of the Southeast Asia (SEA) population, and with offices located in Los Angeles, Bangkok, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (NASDAQ: SOPA) is an acquisition-focused holding company operating six interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA. Society Pass leverages technology to tailor a more personalized experience for customers in the purchase journey and transform the entire SEA retail value chain. SOPA operates Thoughtful Media Group, a Thailand-based, social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam’s leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in the Philippines; Handycart.vn, a leading online restaurant delivery service based in Vietnam; and Mangan.ph, a leading local restaurant delivery service in Philippines – https://thesocietypass.com/.

About PreveCeutical Medical, Inc. (OTCQB: PRVCF) (CSE: PREV) (FSE: 18H) ($PRVCF):

PreveCeutical Medical, Inc. (OTCQB: PRVCF) (CSE: PREV) (FSE: 18H) ($PRVCF) is a health sciences company that develops innovative options for preventive and curative therapies utilizing organic and nature-identical products. The Company aims to be a leader in the preventive health sciences sector. With the completion of three of its research programs, the Company is actively working on the development, clinical trials, and commercialization of its products and has filed several provisional patent applications to protect the intellectual property from its research programs – https://www.preveceutical.com/.

About Hope Tain Oil Painting:

Hope Tain Oil Painting’s Artist/Owner, Hope Tian, finds great excitement and creativity in exploring varied subjects and eclectic oil painting styles. Her artwork ranges from impressionistic or post-impressionistic to expressionistic or fauvist to truly representational to abstract. Hope’s paintings are heavily influenced by her keen interest in and ongoing study of master painters. Standing before Hope Tian’s original oil painting, there is a deep emotional expression, creatively textured layering, vividly vibrant colors, and lively free brush strokes ranging from the lightest touch to heavy, thick paint, all resulting in a unique artistic experience – https://www.hopetianart.com/.

About Sekur Private Data Ltd. (OTCQX: SWISF) (CSE: SKUR) (FRA: GDT0) ($SWISF):

Sekur Private Data, Ltd. (OTCQX: SWISF) (CSE: SKUR) (FRA: GDT0) ($SWISF) is a cybersecurity and internet privacy provider of Swiss-hosted solutions for secure communications and secure data management. The Company distributes a suite of secure cloud-based storage, disaster recovery, document management, encrypted emails, and secure communication tools. It sells its products through its websites, www.sekur.com, approved distributors, and telecommunication companies worldwide. Sekur Private Data, Ltd. serves consumers, businesses, and governments worldwide – https://www.sekurprivatedata.com and https://www.sekur.com; Twitter: @sekurprivate.

About New to The Street:

New to The Street is an FMW Media production that operates one of the longest-running US and International sponsored and syndicated Nielsen-rated programming television brands, “New to The Street. Since 2009, New to The Street has run biographical interview segment shows across major U.S. television networks. The Nielsen Rated and sponsored broadcasts programming platform reaches millions of homes in the US and international markets. FMW’s New to The Street / Newsmax televised broadcasting platform airs its syndication on Saturdays at 3:30 – 4:00 PM ET. The show also appears on Bloomberg and the FOX Business Network as sponsored programming. FMW is also one of the nation’s largest buyers of linear television, long and short-form paid programming – https://www.newsmaxtv.com/Shows/New-to-the-Street, https://www.newtothestreet.com/ & https://www.youtube.com/watch?v=4-G2–mRQUw&t=14s.

Forward-Looking Statements Disclaimer US/Canada:

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Cannabis

CBD Skin Care Market Size is projected to reach USD 6466.43 million by 2030, growing at a CAGR of 32.15%: Straits Research

Published

4 days ago

September 20, 2023

GlobeNewswire

New York, United States, Sept. 20, 2023 (GLOBE NEWSWIRE) — Cannabidiol (CBD), derived from cannabis resin, is non-intoxicating. Cannabinoid (CBD) is most typically used with oils. CBD oil has anti-inflammatory, antioxidant, and skin-soothing properties. CBD oil is currently a popular ingredient in skin care and personal care products.

Since marijuana and cannabis-based cosmetics were legalized, CBD-infused skin care products have gained popularity. CBD-infused skin care products are popular because they relax. Anti-inflammatory and anti-oxidant properties make it a promising skin care ingredient. CBD-based skincare products can improve sleep and treat eczema, psoriasis, and acne. CBD-based skin care is popular among cosmetic brands. CBD-infused skin care is marketed as “natural cosmetics” CBD skin care products are expected to become popularity due to their versatility.

Get a Free Sample Copy of This Report @ https://straitsresearch.com/report/cbd-skin-care-market/request-sample

Global CBD Skin Care Market: DRIVERS

Cannabis-Derived Skin Care Products Are Gaining Popularity

A surge in the working population around the world has increased spending power and awareness of the range of commodities on the market, boosting sales of quality products. These factors have led to growing global demand for natural and organic personal care items.

People are becoming increasingly familiar with the benefits of CBD skin care products, such as CBD oil in their daily coffee, using it to their skin to relieve pain, consuming it to relieve anxiety, and using it in their sex life.

Social-Media’s Impact on Skin Diseases

Because of pollution and UV radiation, which can cause skin burns, blackening, and cancer, consumers are turning to CBD-infused cosmetics and skincare products. Consumers’ increased acquaintance with the newest skin care products helps boost sales. Companies increasingly use celebrities to sell their products and spend a lot on advertising.

YouTube and Instagram are important influences on today’s society. These portals help people find CBD skin care products. Rising customer awareness of the benefits and availability of new products should benefit the global market in the futur

Global CBD Skin Care Market: KEY FUTURE OPPORTUNITIES

Technological Advances and Mergers Create New Opportunities

Recent scientific advances have resulted to innovative CBD extracts and combinations for skin care. CBD-infused goods from multinational firms are capturing new markets and establishing new cash streams. Avon plans to develop vegan skin care products with CBD oil in 2020. As the cannabis beauty industry grows, component approaches vary. These factors boost market growth.

A growing number of technological innovations are driven by a desire to lower production costs and to foster sustainable growth from 2022 to 2030.

Report Scope

Report Metric	Details
Market Size by 2030	USD 6466.43 million
Market Size in 2021	USD 526.09 million
CAGR	32.15% (2022-2030)
Historical Data	2020-2021
Base Year	2022
Forecast Period	2023-2031
Forecast Units	Value (USD million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	By Technology, By Application, By Location
Geographies Covered	North America, Europe, Asia-Pacific, LAME and Rest of the World
Key Companies Profiled/Vendors	Kiehl’s LLC, Medical Marijuana, ENDOCA, Elixinol Global ltd, Lord Jones, Icanic Brands Company, Inc., LEEF Organics, The CBD Skincare Co, Kana Skincare, Apothecana, Josie Maran Cosmetics, FOLIUM BIOSCIENCES, CBD for life, Pacific Roots LLC,
Key Market Opportunities	Technological Advances and Mergers Create New Opportunities
Key Market Drivers	Cannabis-Derived Skin Care Products Are Gaining Popularity

Buy Now Full Report @ https://straitsresearch.com/buy-now/cbd-skin-care-market

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa make up the CBD Skin Care Market.

North America, which had over 45% of the market in 2021, is expected to grow quickest. Demand for CBD skin care products in North America is expected to continue high due to a large client base and the legalization of marijuana. Due to legalization in 33 states and DC, the US possesses the world’s largest cannabis market. Cannabis legalization and well-known beauty product makers should boost industry growth in the next years.

CBD-infused skin care products may fuel US customer demand. The FDA Regulation of Cannabidiol (CBD) Products prohibits marijuana but not hemp or cannabis. Manufacturing and selling CBD derivatives is lawful. CBD derivatives may be used as lotions, serums, and ointments.

Asia Pacific will grow rapidly in the future years. China, India, Japan, and Korea are expected to see substantial growth. J-beauty and K-beauty lead the worldwide skincare market, despite cannabis being illegal in Asia. This market is expected to grow rapidly in Asia.

China is one of the main manufacturers of cannabis made from hemp, and the World Bank and IMF expect it to monopolize the market throughout the predicted period. China allows the production and sale of CBD products with a maximum 0.3% THC content from cannabis Sativa fruit, seed oil, and leaf extract. This benefits its use in high-end skincare and luxury cosmetics.

Due to changing legislation, India’s CBD skin care market is growing. The Narcotic Drugs and Psychotropic Substances Act of 1985 says it’s unlawful to produce cannabis in the U.S., although states can allow its commercial or research cultivation.

Key Highlights

The Global CBD Skin Care Market size is predicted to reach at USD 6466.43 million by 2030, increasing at a CAGR of 32.15% from 2022 to 2030.
By Source,the Global CBD Skin Care Market is segmented into Hemp and Marijuana. CBD skin care products derived from hemp maintained the biggest market share.
By Type,the Global CBD Skin Care Market is segmented into Oils, Creams & Moisturizers, Masks & Serums, Cleansers, and Others. In 2021, the market was led by skin care oils containing CBD.
By Region,the Global CBD Skin Care Market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The market share is dominated by North America.

Major Players in Global CBD Skin Care Market

Kiehl’s LLC
Medical Marijuana
ENDOCA
Elixinol Global ltd
Lord Jones
Icanic Brands Company, Inc.
LEEF Organics
The CBD Skincare Co
Kana Skincare
Apothecana
Josie Maran Cosmetics
FOLIUM BIOSCIENCES
CBD for life
Pacific Roots LLC
Ecogen labs

Get a Free Sample Copy of This Report @ https://straitsresearch.com/report/cbd-skin-care-market/request-sample

Global CBD Skin Care Market: Segmentation

BY SOURCE

Hemp
Marijuana

BY TYPE

Oils
Creams & Moisturizers
Masks & Serums
Cleansers
Others

BY GEOGRAPHY

North America
Europe
Asia Pacific (APAC)
Latin America
Middle East and Africa (MEA)

TABLE OF CONTENT

EXECUTIVE SUMMARY
RESEARCH SCOPE & SEGMENTATION
1. Research Objectives
2. Market Definition
3. Limitations & Assumptions
4. Market Scope & Segmentation
5. Currency & Pricing Considered
MARKET OPPORTUNITY ASSESSMENT

1. Emerging Regions / Countries
2. Emerging Companies
3. Emerging Applications / End Use
4. Investment Landscape
5. New Business Models / Revenue Streams
6. TAM

MARKET TRENDS

1. Drivers
2. Market Warning Factors
3. Latest Macro Economic Indicators
4. Geopolitical Impact
5. Human Factors
6. Technology Factors

MARKET ASSESSMENT

1. Porters Five Forces Analysis
2. Value Chain Analysis
3. Sales And Distribution Channel Analysis
4. Average Pricing Analysis
5. Patent Analysis
6. M & A Agreements & Collabration Analysis
7. Export Import Analysis

ESG TRENDS
GLOBAL CBD SKIN CARE MARKET SIZE ANALYSIS

1. Global CBD Skin Care Market Introduction
2. By Source

1. 1. Introduction

1. 1. 1. Source By Value

1. 1. Hemp

1. 1. 1. By Value

1. 1. Marijuana

1. 1. 1. By Value

1. By Type

1. 1. Introduction

1. 1. 1. Type By Value

1. 1. Oils

1. 1. 1. By Value

1. 1. Creams & Moisturizers

1. 1. 1. By Value

1. 1. Masks & Serums

1. 1. 1. By Value

1. 1. Cleansers

1. 1. 1. By Value

1. 1. Others

1. 1. 1. By Value

NORTH AMERICA MARKET ANALYSIS

1. Introduction
2. By Source

1. 1. Introduction

1. 1. 1. Source By Value

1. 1. Hemp

1. 1. 1. By Value

1. 1. Marijuana

1. 1. 1. By Value

1. By Type

1. 1. Introduction

1. 1. 1. Type By Value

1. 1. Oils

1. 1. 1. By Value

1. 1. Creams & Moisturizers

1. 1. 1. By Value

1. 1. Masks & Serums

1. 1. 1. By Value

1. 1. Cleansers

1. 1. 1. By Value

1. 1. Others

1. 1. 1. By Value

1. U.S.

1. 1. By Source

1. 1. 1. Introduction
      1. Source By Value
    2. Hemp
      1. By Value
    3. Marijuana
      1. By Value

1. 1. By Type

1. 1. 1. Introduction
      1. Type By Value
    2. Oils
      1. By Value
    3. Creams & Moisturizers
      1. By Value
    4. Masks & Serums
      1. By Value
    5. Cleansers
      1. By Value
    6. Others
      1. By Value

1. Canada

EUROPE MARKET ANALYSIS

1. Introduction
2. By Source

1. 1. Introduction

1. 1. 1. Source By Value

1. 1. Hemp

1. 1. 1. By Value

1. 1. Marijuana

1. 1. 1. By Value

1. By Type
  1. Introduction

1. 1. 1. Type By Value

1. 1. Oils

1. 1. 1. By Value

1. 1. Creams & Moisturizers

1. 1. 1. By Value

1. 1. Masks & Serums

1. 1. 1. By Value

1. 1. Cleansers

1. 1. 1. By Value

1. 1. Others

1. 1. 1. By Value

1. U.K.

1. 1. By Source

1. 1. 1. Introduction
      1. Source By Value
    2. Hemp
      1. By Value
    3. Marijuana
      1. By Value

1. 1. By Type

1. 1. 1. Introduction
      1. Type By Value
    2. Oils
      1. By Value
    3. Creams & Moisturizers
      1. By Value
    4. Masks & Serums
      1. By Value
    5. Cleansers
      1. By Value
    6. Others
      1. By Value

1. Germany
2. France
3. Spain
4. Italy
5. Russia
6. Nordic
7. Benelux
8. Rest Of Europe

APAC MARKET ANALYSIS

1. Introduction
2. By Source

1. 1. Introduction

1. 1. 1. Source By Value

1. 1. Hemp

1. 1. 1. By Value

1. 1. Marijuana

1. 1. 1. By Value

1. By Type

1. 1. Introduction

1. 1. 1. Type By Value

1. 1. Oils

1. 1. 1. By Value

1. 1. Creams & Moisturizers

1. 1. 1. By Value

1. 1. Masks & Serums

1. 1. 1. By Value

1. 1. Cleansers

1. 1. 1. By Value

1. 1. Others

1. 1. 1. By Value

1. China

1. 1. By Source

1. 1. 1. Introduction
      1. Source By Value
    2. Hemp
      1. By Value
    3. Marijuana
      1. By Value

1. 1. By Type

1. 1. 1. Introduction
      1. Type By Value
    2. Oils
      1. By Value
    3. Creams & Moisturizers
      1. By Value
    4. Masks & Serums
      1. By Value
    5. Cleansers
      1. By Value
    6. Others
      1. By Value

1. Korea
2. Japan
3. India
4. Australia
5. Taiwan
6. South East Asia
7. Rest Of Asia-Pacific

MIDDLE EAST AND AFRICA MARKET ANALYSIS

1. Introduction
2. By Source

1. 1. Introduction

1. 1. 1. Source By Value

1. 1. Hemp

1. 1. 1. By Value

1. 1. Marijuana

1. 1. 1. By Value

1. By Type

1. 1. Introduction

1. 1. 1. Type By Value

1. 1. Oils

1. 1. 1. By Value

1. 1. Creams & Moisturizers

1. 1. 1. By Value

1. 1. Masks & Serums

1. 1. 1. By Value

1. 1. Cleansers

1. 1. 1. By Value

1. 1. Others

1. 1. 1. By Value

1. UAE

1. 1. By Source

1. 1. 1. Introduction
      1. Source By Value
    2. Hemp
      1. By Value
    3. Marijuana
      1. By Value

1. 1. By Type

1. 1. 1. Introduction
      1. Type By Value
    2. Oils
      1. By Value
    3. Creams & Moisturizers
      1. By Value
    4. Masks & Serums
      1. By Value
    5. Cleansers
      1. By Value
    6. Others
      1. By Value

1. Turkey
2. Saudi Arabia
3. South Africa
4. Egypt
5. Nigeria
6. Rest Of MEA

LATAM MARKET ANALYSIS

1. Introduction
2. By Source

1. 1. Introduction

1. 1. 1. Source By Value

1. 1. Hemp

1. 1. 1. By Value

1. 1. Marijuana

1. 1. 1. By Value

1. By Type

1. 1. Introduction

1. 1. 1. Type By Value

1. 1. Oils

1. 1. 1. By Value

1. 1. Creams & Moisturizers

1. 1. 1. By Value

1. 1. Masks & Serums

1. 1. 1. By Value

1. 1. Cleansers

1. 1. 1. By Value

1. 1. Others

1. 1. 1. By Value

1. Brazil

1. 1. By Source

1. 1. 1. Introduction
      1. Source By Value
    2. Hemp
      1. By Value
    3. Marijuana
      1. By Value

1. 1. By Type

1. 1. 1. Introduction
      1. Type By Value
    2. Oils
      1. By Value
    3. Creams & Moisturizers
      1. By Value
    4. Masks & Serums
      1. By Value
    5. Cleansers
      1. By Value
    6. Others
      1. By Value

1. Mexico
2. Argentina
3. Chile
4. Colombia
5. Rest Of LATAM

COMPETITIVE ASSESSMENT

1. CBD Skin Care Market Share By Manufacturers
2. CBD Skin Care Market Ranking By Revenue For Manufacturers
3. Competitive Dashboard
4. Product Mapping

MARKET PLAYERS ASSESSMENT

1. Kiehl’s LLC

1. 1. Overview
  2. Business Information
  3. Revenue
  4. ASP
  5. Gross Margin
  6. Swot Analysis
  7. Recent Developmments

1. Medical Marijuana
2. ENDOCA
3. Elixinol Global Ltd
4. Lord Jones
5. Icanic Brands Company, Inc.
6. LEEF Organics
7. The CBD Skincare Co
8. Kana Skincare
9. Apothecana
10. Josie Maran Cosmetics
11. FOLIUM BIOSCIENCES
12. CBD For Life
13. Pacific Roots LLC
14. Ecogen Labs

RESEARCH METHODOLOGY

1. Research Data

1. 1. Secondary Data

1. 1. 1. Major Secondary Sources
    2. Key Data From Secondary Sources

1. 1. Primary Data

1. 1. 1. Key Data From Primary Sources
    2. Breakdown Of Primaries

1. 1. Secondary And Primary Research

1. 1. 1. Key Industry Insights

1. Market Size Estimation

1. 1. Bottom-Up Approach
  2. Top-Down Approach
  3. Market Projection

1. Research Assumptions

1. 1. Assumptions

1. Limitations
2. Risk Assessment

APPENDIX

1. Discussion Guide
2. Customization Options
3. Related Reports

DISCLAIMER

Table of Content and Figure @ https://straitsresearch.com/report/cbd-skin-care-market/toc

News Media

Global CBD Skin Care Market Extends at a Healthy CAGR of 32.15%

Consumer Preference Drives the CBD Skin Care Products Market despite the Stringent Regulatory Landscape in Many Countries

Have a Look at the Related Research Report

Skincare Products Market: Information by Product Type (Facial Care, Lip Care, and Body Care), Category (Premium Skincare Products and Mass Skincare Products), and Region- Forecast till 2030

Skincare Body Products Market: Information by Gender (Male and Female), Product (Face Creams and Moisturizers), and Region — Forecast till 2030

Organic Skin Care Market: Information by Product (Face Cleanser, Face Serum), Distribution Channel (Online, Supermarket/Hypermarket), and Region — Forecast till 2030

Facial Skincare Products Market: Information by Product Type (Facial Cleanser, Toner, Facial Serum, Eye Creams), Distribution Channel (Specialty Stores), and Region — Forecast till 2030

About Straits Research Pvt. Ltd.

Straits Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. Straits Research Pvt. Ltd. provides actionable market research data, especially designed and presented for decision making and ROI.

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Cannabis

Legal Cannabis Commercialization Bolsters Vacuum Oven Demand; Essential Role in Processing Extracts and Enhancing Safety Recognized

Published

4 days ago

September 20, 2023

GlobeNewswire

Dublin, Sept. 20, 2023 (GLOBE NEWSWIRE) — The “Vacuum Ovens Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” report has been added to ResearchAndMarkets.com’s offering.

The global vacuum ovens market exhibited strong growth in 2022, reaching a total valuation of US$ 234.3 million. According to this report the market is poised for continued expansion, with expectations to reach US$ 343.2 million by 2028. This growth reflects a robust compound annual growth rate (CAGR) of 6.38% during the forecast period from 2023 to 2028.

Vacuum ovens, highly versatile equipment with applications in laboratory research, engineering, and industry, play a pivotal role in the heat treatment process. These ovens conduct heat treatment within an airtight vessel, allowing the creation of a vacuum within the chamber. This capability enables precise control over the heat treatment process and offers several advantages, including:

Prevention of surface reactions like oxidation or decarburization.
Removal of surface contaminants such as oxide films and residual traces of lubricants.
Introduction of substances to the surface layers of the work.
Removal of dissolved contaminating materials from metals through degassing.

The vacuum oven market’s growth is closely tied to the legalization of cannabis in many parts of the world and the subsequent commercialization of related products. Vacuum ovens play a crucial role for legal cannabis growers in processing cannabis extract BHOs (Butane Hash oil).

These ovens enable the production of purified oil extracts while reducing the risk of fires during the extraction process. Furthermore, vacuum ovens are used in the medical industry to eliminate potentially toxic chemicals from medical devices, including artificial heart valves, pacemakers, and joint implants. These ovens also find application in testing how devices respond to the high vacuum environment of space, making them valuable equipment for the aerospace industry.

Key Market Segmentation:

The global vacuum ovens market report by [Publisher Name] analyzes key trends within each sub-segment and provides forecasts at the global and regional levels for the period from 2023 to 2028. The market is segmented based on product type and application.

Product Type:

< 200
200-300
> 300

Application:

Home Appliances
Commercial Appliances

Regional Insights:

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

Competitive Landscape:

The report offers a comprehensive analysis of the competitive landscape, featuring key players such as Cole-Parmer, Memmert GmbH+Co.KG, MTI Corporation, Sheldon Manufacturing Inc, Thermo Fisher Scientific, Accumax India, BINDER GmbH, Cascade TEK, ESPEC, Grieve, JEIO, SalvisLab Renggli, Shanghai Hasuc Instrument, Ted Pella, and Yamato Scientific.

This report provides in-depth insights into the global vacuum ovens market, covering macro overviews, micro details of industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, and more. It is a crucial resource for entrepreneurs, investors, researchers, consultants, business strategists, and anyone involved or planning to enter the vacuum ovens industry.

Key Questions Answered in This Report:

How has the global vacuum ovens market performed and what are the growth prospects in the coming years?
Which regions are the primary markets in the global vacuum ovens industry?
What impact has COVID-19 had on the global vacuum ovens industry?
How is the global vacuum ovens market segmented based on product type?
What are the applications driving the global vacuum ovens market?
What are the price trends for vacuum ovens?
What is the value chain structure of the global vacuum ovens market?
What are the key factors driving growth and challenges in the global vacuum ovens market?
Who are the major players in the global vacuum ovens market, and what is the competitive landscape like?
How are vacuum ovens manufactured?

Key Attributes:

Report Attribute	Details
No. of Pages	139
Forecast Period	2022 – 2028
Estimated Market Value (USD) in 2022	$254.3 Million
Forecasted Market Value (USD) by 2028	$343.2 Million
Compound Annual Growth Rate	5.1%
Regions Covered	Global

For more information about this report visit https://www.researchandmarkets.com/r/n83xum

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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