Insights
Global Hemp Based Food Market Report 2022
New York - The global hemp based food market is expected to grow from $4.60 billion in 2021 to $5.01 billion in 2022 at a compound annual growth rate (CAGR) of 8.74%. 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 ...
How Stirling CBD is Helping a Crossfit Athlete Excel in Her Craft
CARY, N.C. - Athletes commonly deal with body aches and sore muscles. A whopping 74.5% of athletes suffer from some form of consistent pain. Prevalent pain, if left untreated, can lead to chronic pain. More than 50 million people in the country alone deal with body pain lasting more than three months. This plight of ...
Certified Group Announces Investment in Kaycha Labs Knoxville, TN Hemp and CBD Testing Laboratory
SAN ANTONIO, Dec. 19, 2022 Certified Group, American provider of laboratory testing and regulatory consulting services, today announced an investment in the hemp and CBD laboratory testing business of Knoxville, Tennessee-based Kaycha Labs. This move adds critical hemp and CBD testing services to the breadth and depth of capabilities already offered by Certified Group and ...
Neptune Reports Fiscal Second Quarter 2023 Financial Results
LAVAL, QC, Dec. 16, 2022 Neptune Wellness Solutions Inc. Today announced its financial and operating results for the three-month period ending September 30, 2022. Neptune recorded second quarter revenue of $12 million driven largely by Sprout, our organic children's food brand, which consistently shows revenue growth year-over-year and today remains a top five organic baby food brand currently outperforming the ...
Health Canada Releases New Data on Cannabis Use in Canada
OTTAWA, ON - The Government of Canada collects data to better understand how Canadians view and use cannabis. Through this data, we can better monitor Canada's national framework for controlling the production, distribution, sale and possession of cannabis under the Cannabis Act. Today, Health Canada published the results of the 2022 Canadian Cannabis Survey. Health ...
CBD Skin Care Market Size, Share & Trends Analysis Report and Forecasts, 2023 – 2030
New York - CBD Skin Care Market Growth & Trends The global CBD skin care market size is expected to reach USD 8.62 billion by 2030, registering a CAGR of 31.5% over the forecast period. The awareness regarding CBD-based skin care products has increased significantly over the last few years owing to their excellent medicinal ...
Hemp-Based Products Market, Registering 24.5% CAGR from 2023 to 2033
Rockville - The worldwide hemp-based products market is projected to reach US$ 1.8 Billion in 2023, registering growth at a CAGR of 24.5% from 2023 to 2033. The use of hemp in numerous products and applications such as personal care products and pharmaceutical has increased significantly over the years. The medicinal benefits of hemp products ...
North American Cannabis Market Sizing Data Report 2022-2026
Dublin - In the US, adult-use sales are estimated to reach US$18.5 billion in 2022 and grow by 218% to US$58.8 billion by 2026. As adult-use markets grow, they will eat into medical markets. With that in mind, estimated sales will grow by 41.5% between 2022 and 2026, from US$9.2 billion to US$13.1 billion. Canadian ...
CBD Ingredient Market worth $5.89 billion by 2031
JERSEY CITY, N.J. - InsightAce Analytic Pvt. Ltd. has announced the publication of a market research report titled "Global CBD Ingredient Market By Source(Natural (Marijuana-Based, Hemp Based), Synthetic), By Applications (Food and Beverages, Personal Care and Cosmetics, Nutraceuticals, Pharmaceutical (API), Single Servings))- Market Outlook and Industry Analysis 2030" According to the company's newest research, the ...
Canopy USA Converts CAD$125.5 Million in TerrAscend Debt to Exchangeable Shares at CAD$5.10 per Share
TORONTO, Dec. 9, 2022 TerrAscend Corp. Today announced it has entered into an arrangement dated December 9, 2022 with Canopy USA, LLC ("Canopy USA") and certain of its subsidiaries to convert CAD$125.5 million in aggregate loans plus accrued interest in exchange for 24,601,467 exchangeable shares in the capital of TerrAscend (the "Exchangeable Shares") at a notional price of CAD$5.10 per Exchangeable Share and 22,474,130 new ...
Cannabidiol Market to be Worth $22.05 Billion by 2030
FELTON, Calif. - The global cannabidiol market Valued at $5.18 billion in 2021 and is anticipated to expand at a CAGR of 16.8% from 2022 to 2030. Cannabidiol is the chemical compound extracted from the cannabis Sativa plant. The cannabidiol-extracted medications have properties that overcome anxiety, reduce pain, and minimize seizures, benefitting the healing treatments. ...
Cannabis Cultivation Global Market to Reach $235.74 Billion by 2026 from $132.55 Billion in 2022
DUBLIN - The global cannabis cultivation market is expected to grow from $114.66 billion in 2021 to $132.55 billion in 2022 at a compound annual growth rate (CAGR) of 15.6%. The cannabis cultivation market is expected to grow to $235.74 billion in 2026 at a compound annual growth rate (CAGR) of 15.5%. Asia Pacific was ...
Curaleaf’s Grassroots Brand and Ganjier Announce First-of-its-Kind Cannabis Education Partnership
WAKEFIELD, Mass., Dec. 7, 2022 Curaleaf Holdings, Inc. today announced a first-of-its-kind cannabis education partnership for its Grassroots brand with Ganjier, the Cannabis Sommelier Certification Program. Similar to the Sommelier's role in the wine industry, the Ganjier is trained in the art, science and appreciation of cannabis craft, consumption, and connoisseurship, possessing a multidisciplinary knowledge and ...
Global Industrial Hemp Market Report 2022
Dublin - According to the publisher, the global industrial hemp market size is estimated to be valued at USD 6.8 billion in 2022 and is projected to reach USD 18.1 billion by 2027, recording a CAGR of 21.6% in terms of value. Industrial hemp is defined as the plant Cannabis sativa L. and any part ...
CBD Oil Market to Register 31.50% CAGR by 2031
NEWARK, Del - The global cannabidiol CBD oil market is anticipated to grow at an impressive compound annual growth rate (CAGR) of 31.50% annually over the projection period from 2021 to 2031. The global market was predicted to reach a valuation of US$ 284.2 million by the end of 2021 and is expected to bolster ...
Local Heroes: The Rise of Grupo Flor in Cannabis Retail
SALINAS - Deep in the heart of California, about an hour and a half drive south of San Francisco, is the gorgeous Salinas Valley of Monterey County. Salinas is known as the "Salad Bowl of the World" for its large and vibrant agriculture industry. The City’s marine climate is ideal for the floral industry, grape ...
Local Heroes: The Rise of Grupo Flor in Cannabis Retail
SALINAS - Deep in the heart of California, about an hour and a half drive south of San Francisco, is the gorgeous Salinas Valley of Monterey County. Salinas is known as the "Salad Bowl of the World" for its large and vibrant agriculture industry. The City’s marine climate is ideal for the floral industry, grape ...
Poll: Americans Overwhelmingly Support Legalizing Cannabis
WASHINGTON, DC: Eighty-nine percent of Americans say that cannabis should be legal for either medical or adult use, according to nationwide polling compiled by the Pew Research Center. Fifty-nine percent of respondents said that cannabis should be legal for adults, while an additional 30 percent said that it should be legal explicitly for therapeutic purposes. Both ...
Cannabidiol (CBD) API Market to Record Rapid Growth with CAGR of 41.7% by 2030
JERSEY CITY, N.J. - InsightAce Analytic Pvt. Ltd. has announced the publication of a market research report titled "Global Cannabidiol (CBD) API Market By Product (Full spectrum CBD, Broad-spectrum CBD, CBD isolate, Water Dispersible CBD Powder, Others), Origin(Natural, Synthetic), Indication (Alzheimer's Disease, Autism, Cancer, Chronic Pain, Epilepsy, Migraine, Multiple Sclerosis, Schizophrenia, Others), End-Users (Pharmaceutical Industry, ...
Patient Demand for Medicinal Cannabis in Australia Continues to Grow
MELBOURNE, Australia - According to Levin Health, a sports science company focused on researching, developing and commercialising a range of medicinal cannabis products such as CBD oil Australia wide, as the stigma around medical cannabis dissolves, interest and acceptance are on the rise. Between Q1 and Q3 in 2021, the number of patients grew by ...
Study: Cannabis Use Improves Health in Treatment-Resistant Fibromyalgia Patients
HOLON, Israel: Cannabis treatment is associated with quality of life improvements in patients with treatment-resistant fibromyalgia (FM), according to the results of a prospective cohort study published in the journal Pain Practice. Israeli researchers evaluated cannabis’ efficacy in a cohort of 30 patients diagnosed with fibromyalgia. All of the study’s participants had previously failed to respond to conventional ...
Cannabis Thanksgiving Holiday Sales See Double-Digit Growth vs 2021
DENVER - Business intelligence from Akerna (Nasdaq: KERN), an enterprise software company delivered data showing that Green Wednesday and Black Friday are on track yet again to become the second- and third-highest grossing sale days for regulated cannabis in the U.S. for 2022. These holiday sales days are only trumped by the record-setting sales that ...
Cannabis Cultivation Global Market Report 2022: Featuring Pacific Cannabis Growers
Dublin - The global cannabis cultivation market is expected to grow from $114.66 billion in 2021 to $132.55 billion in 2022 at a compound annual growth rate (CAGR) of 15.6%. The cannabis cultivation market is expected to grow to $235.74 billion in 2026 at a compound annual growth rate (CAGR) of 15.5%. Asia Pacific was ...
Cannabis Infused Products Market to Perceive Notable Growth of USD 150.51 Billion by 2030
PHOENIX - Data Bridge Market Research completed a qualitative study titled "Cannabis Infused Products Market" with 100+ market data tables, pie charts, graphs, and figures spread across Pages and an easy-to-grasp full analysis. The most up-to-date technology was used in conjunction with expert industry knowledge and practical, effective, and innovative solutions to develop this Cannabis ...
Cannabis Plant Nutrients Market Worth USD 9,45,697.3 Million by 2028
New York - Cannabis Plant Nutrients Market Trends and Insights by Nutrient Type (Macronutrients and Micronutrients), Category (Conventional and Organic), Mode of Application (Drenching, Fertigation and Foliar), and Region (North America, Europe, Asia-Pacific, and Rest of the World), Competitive Market Growth, Size, Share and Forecast to 2028 Market Scope: The macro- and micronutrients called cannabis ...