DUBLIN--(BUSINESS WIRE)--The "Cannabis Extract Market Size, Share & Trends Analysis Report by Product Type (Oil, Tinctures), by Extract Type (Full Spectrum Extracts, Cannabis Isolates), by Sources (Hemp. Marijuana), by End Use, by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering. The global cannabis extract market size is expected to reach USD 15.5 billion by 2030. according to this report, it is expected to expand at a CAGR of 20.6% over the forecast period. The growth is attributed to the rising usage of cannabis for recreational and medical purposes. Various nations have legalized cannabis usage which has reduced the sale in the black market and increased legal product purchases. The industry has also opened revenue-generating opportunities for various countries through government-imposed taxes on cannabis oil and tinctures that are commonly used to treat various ailments, including anxiety, nausea, and cancer. ...