Insights
Observational Study Finds Medical Cannabis Products Improve Health-Related Quality of Life in Patients with Chronic Illnesses
LOS ANGELES-- A new study has found that medical cannabis products are generally well-tolerated and can lead to significant improvements in the health-related quality of life of patients. The research, published in the journal Expert Review of Clinical Pharmacology, assessed the safety and efficacy of cannabis-derived products in 2,833 patients enrolled in the UK Medical ...
Oklahoma Rejects Adult-Use Cannabis Legalization, Industry to Remain Medical-Only
OKLAHOMA--Oklahoma voters have rejected a ballot initiative that would have legalized adult-use cannabis in the state. State Question 820, which would have allowed adults aged 21 and over to possess, cultivate, and purchase cannabis for recreational use, was defeated in a vote that saw nearly 62% of voters say no. Despite support from several high-profile ...
Female-Owned Cannabis Startups Struggle to Secure Funding
LOS ANGELES-- Women-owned and operated cannabis companies have been facing difficulty in securing funding equal to their male counterparts. In 2022, only 1.9% of funding went to women-led or owned startups, highlighting a major funding gap. Many women entrepreneurs struggle with the unfamiliar language of the fundraising process and lack access to the same resources ...
Adastra Holdings receives permission to sell cocaine and psilocybin for medical purposes only
LOS ANGELES-- Adastra Holdings, based in British Columbia, has announced that it has been granted permission by the Canadian federal government to sell both cocaine and psilocybin. However, Health Canada, the federal agency governing the nation's cannabis industry, clarified that sales would only be permitted to pharmacies, hospitals, and researchers. The license allows the company ...
Growing Basics – Gas Lantern Technique
Grower Essentials: The Gas Lantern Technique Cannabis cultivation - and agriculture in general - go back thousands of years. And while incredible technological advances have been made, even more so recently, there are some tried and true methods that generation after generation of farmers continue to embrace. As the old adage goes - if ...
American Weed Co Founders Call for Nationwide Legalization of Cannabis for Veterans
WASHINGTON-- American Weed Co, a new cannabis company owned and operated by veterans, has announced it will devote a portion of its revenue to combating the epidemic of veteran suicide and modernizing outdated federal cannabis policies. Co-founders and co-CEOs, Ryan Brooks and Sean Gilfillan, have announced that they will travel to Washington, D.C., next week ...
Switzerland’s Cannabis Market Set to Boom Following Test Market
ZURICH–In recent years, the legal cannabis market has been rapidly expanding in Switzerland, driven by changing attitudes towards the substance and its potential medicinal benefits. This development has been accompanied by a growing number of cannabis-related businesses and products, as well as increased government attention to the issue. While the future of cannabis in Switzerland ...
Oklahoma Voters to Decide on Recreational Cannabis Legalization: What’s at Stake for the State’s Booming Cannabis Industry?
OKLAHOMA CITY, In just under two weeks, voters in Oklahoma will have the opportunity to decide whether to legalize recreational cannabis in addition to the state's already expansive medical cannabis market. The measure, State Question 820, would significantly expand access to cannabis for consumers and entrepreneurs alike in Oklahoma, which already boasts one of the ...
Challenges and Competition for Legal Cannabis in Manhattan as New York’s Adult-Use Program Slowly Takes Shape
NEW YORK, New York's adult-use cannabis program has finally started to take shape with four legal stores now open and operating. However, the road to get here has been long and fraught with challenges, and the program is still very much a work in progress. The Office of Cannabis Management (OCM), which oversees the program, ...
California’s Cannabis Industry Still Struggling with Systemic Hurdles and Local Veto Power, Says Industry Consultant
LOS ANGELES-- The cannabis industry in California is still facing major obstacles despite being the most populous state in the US. Many businesses are struggling to turn a profit in the market due to a range of systemic issues. One of the key issues is the veto power that local governments have over commercial cannabis ...
Is Cannabis Really A Gateway Drug?
LOS ANGELES- According to a recent study by researchers from the University of Minnesota, CU Boulder, and the CU Anschutz Medical Campus, legalizing recreational cannabis at the state level does not increase substance use disorders or use of other illicit drugs among adults. That is, cannabis is not a ''gateway drug'' leading on to other ...
Worldwide Industrial Hemp Market to 2028
DUBLIN - This report provides a complete analysis of Worldwide Industrial Hemp Industry. The Global Industrial Hemp Market will grow to US$ 15.01 Billion in 2028, according to the publisher. Company Analysis Marijuana Company of America Inc. American Cannabis Company, Inc. Ecofibre Limited Aurora cannabis Agropur Darling ingredients Inc. The hemp industry worldwide is booming, with a ...
Global Cannabis Market Revenue Is Expected To Reach $76 Billion By 2027
PALM BEACH, Fla. - The cannabis business is one of those atypical industries that actually flourished because of the pandemic. The global worldwide market has significantly grown in all its segments. A recent report from statista.com projected that: "Revenue in the Cannabis market is projected to reach US$47.20bn in 2023; Revenue is expected to show ...
Legal Marijuana Market Is Expected to Generate USD 80.1 Billion by 2031
Portland, OR - According to the report published by Allied Market Research, the global legal marijuana market garnered $17.5 billion in 2021, and is estimated to generate $80.1 billion by 2031, manifesting a CAGR of 16.9% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive ...
Uncovering the Mechanisms: How CBD Offers Relief from Epileptic Seizures
NEW YORK. Researchers at NYU Grossman School of Medicine have discovered a new way that cannabidiol (CBD), a substance found in cannabis, reduces seizures in treatment-resistant forms of pediatric epilepsy. Their findings, published in Neuron on February 13, 2023, show that CBD blocks signals carried by a molecule called lysophosphatidylinositol (LPI), which is found in ...
Ways to Consume
The advent of legal cannabis has brought about big developments in the ways we get high. Long gone are the days when smoking a joint or hitting a bong were the only ways to feel the effects Mary Jane offers. Nowadays, a multitude of delivery methods are at our disposal, making it simpler than ever ...
Argentina Creates a National Agency for Cannabis
Argentina's cannabis industry has been rapidly growing in recent months, leading the way for other markets. In April 2022, the Ministry of Health issued new rules on medical cannabis, which allowed non-profits to apply for licenses. The same month, a measure was passed to create a framework for a strong medical cannabis industry, including provisions ...
Global Medical Cannabis Market Report 2023
Dublin - The global medical cannabis market size reached US$ 31.8 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 57.4 Billion by 2028, exhibiting a CAGR of 10.34% during 2022-2028. Companies Mentioned Canopy Growth Corporation GW Pharmaceuticals Aurora Cannabis Inc. Aphria Inc. MedReleaf Corporation Insys Therapeutics Inc. CanniMed Therapeutics Inc. ...
Global Cannabis Products Market Report 2023
New York - The global cannabis products market is expected to grow from $28.0 billion in 2021 to $35.0 billion in 2022 at a compound annual growth rate (CAGR) of 25.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these ...
Research Study on Minor Cannabinoids for Relaxation and Calmness
ROXBORO, N.C. - Open Book Extracts (OBX), an NSF cGMP and ISO 9001-certified manufacturer of the industry's innovative and quality cannabinoid ingredients and finished products, announced the launch of placebo-controlled trial of minor cannabinoid formulations to improve relaxation and calmness. The most prevalent mental health disorder in the world is anxiety. Globally, an estimated 284 ...
A Mother’s Journey to Save Her Son Through Cannabidiol Therapy
"Mighty Flower: How Cannabis Saved My Son," written by Dr. Annabelle Manalo-Morgan, Ph.D., is now available. Published by Forbes Books, the book is a mix of personal memoir and examination of the growth of medicinal cannabis. The book details the challenges and experiences that have influenced Dr. Annabelle's life and career. After giving birth to ...
Survey Reveals Majority of American Adults Plan to Use or Gift Cannabis This Valentine’s Day
NEW YORK - Move over roses! A different type of “flower” may be taking over Valentine’s Day. Data from a recent online survey conducted by Wired Research found that 3 in 5 (61%) American adults ages 21 and over (“American adults”)1 - or nearly 148 million2 individuals - plan to incorporate cannabis into their Valentine’s ...
Stirling CBD Reports on Popularity of CBD Supplements in Chiropractic Offices
CARY, N.C., - Both chiropractic care and CBD are becoming more popular with Americans: last year, some 35 million Americans visited a Chiropractic office, while according to a national survey, 26% of Americans used CBD in 2022. Stirling CBD, a maker of premium CBD products, works closely with chiropractors and surveyed which CBD products are ...
Cannabis Extraction Market: An In-depth Analysis from 2018-2027
Douglas, Isle Of Man - Cannabis extraction and extract have gone through exponential growth in the past decade. After being criminalized for a long time, the world saw and moved towards legalizing cannabis in many countries. Cannabis extraction and distribution is relatively new as cannabis distilleries have only recently become notable in the global north. ...
Global Cannabis Testing Market Analysis Report 2023-2030
DUBLIN - Global Cannabis Testing Market to Reach $2.8 Billion by 2030 In the changed post COVID-19 business landscape, the global market for Cannabis Testing estimated at US$1.1 Billion in the year 2022, is projected to reach a revised size of US$2.8 Billion by 2030, growing at a CAGR of 13.2% over the analysis period 2022-2030. Services, one of ...