U.S Cannabis Seeds Market is projected to register a CAGR of 16.2% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below:
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U.S. cannabis seeds market is a highly consolidated market which includes key players and local players. The market has witnessed increased various strategic developments owing to favourable market scenario.
The market has a prominent growth in upcoming years due to growing demand for the cannabis seeds market products, legalisation of cannabis and innovative product launches of cannabis seeds. The market has witnessed developments in terms of product launches to enhance the product portfolio to meet the rising demand of innovative cannabis seeds. For instance, In August 2019, TROPICAL SEEDS CO launched two new products namely NorthernLights#5xHaze and black sour. These products are better and have a stronger effect. Therefore, it will lead to product base expansion and increased revenue generation.
The major players dealing in the U.S. cannabis seeds market are introducing strong range of product portfolio. This has also helped the company to maximize the sales with enhanced product portfolio.
Seed Cellar is the dominating player in the U.S cannabis seeds market and the other players in the market are CANNABIS SEEDS USA, Seeds For Me, HUMBOLDT SEED COMPANY, Crop King Seeds, BARNEY’S FARM, Christiania Seeds, DeliciousSeeds, Dinafem Seeds and TROPICAL SEEDS CO.
Seed Cellar is headquartered in Michigan, U.S., founded in 2016. The company focuses on providing good quality cannabis seeds of different varieties. The company also offers various product categories such as auto flowering-feminized, feminized, regular, high CBD.In which auto flowering-feminized, feminized, regular, high CBD are also the market focused category. The company has its presence in North America.
CANNABIS SEEDS USA
CANNABIS SEEDS USA headquartered in Arizona, U.S. The company focuses to provide good quality of cannabis seeds for germination. The company has wide range of product category including 10 Packs, 3 packs, afghanica, autoflower, bundles, castle rock seed company, feminized, golden nugget genetics, hells canyon genetics, hormones, hybrid, indica, indoor, outdoor, sativa, single seeds, in which autoflower, feminized, hybrid, indica, and sativa are the market focused category. The company has its presence in North America.
Seeds For Me
Seeds For Me has its presence in North America. The company's focus is to hybridize for plant traits that medical patients find it to be effective for health challenges. The company offers various product categories such as garden seeds, cannabis seeds (by brand), cannabis seeds (by type) in which cannabis seed (by type) is the market focus segment.