Insights
Can we use CBD to treat ASD symptoms?
It is known that Cannabidiol (CBD) and THC/CBD formulations are now being studied and used to better manage Autism symptoms. Autism, or Autism Spectrum Disorder (ASD), is a neurodevelopmental condition most commonly diagnosed during infancy, in which the child exhibits challenges in three core areas: social skills, repetitive behaviors, speech and non-verbal communication. The prevalence ...
Cannabis Testing Market is expected to generate a revenue of USD 3013.48 Million by 2028
JERSEY CITY, N.J. - Verified Market Research recently published a report, "Cannabis Testing Market" By Product And Software (Products, Software (Cannabis LIMS)), By Service (Potency Testing, Pesticide Screening, Heavy Metal Testing, Genetic Testing), By End-User (Laboratories, Research Institutes, Drug Manufacturers, Cultivators), and By Geography. As per the deep research carried out by Verified Market Research, ...
Hemp Tea Market to Reach $392.8 Million Globally, by 2031
PORTLAND, Ore. - Allied Market Research published a report, titled, "Hemp Tea Market by Distribution Channel (Online/Direct-to-Consumer, Convenience Stores, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." According to the report, the global hemp tea industry generated $56.2 million in 2021, and is estimated to reach $392.8 million by 2031, witnessing a CAGR of 22.1% ...
CBD and Anxiety: A better future for patients awaits?
Today we would like to highlight a very important pilot study done in Australia led by Orygen, about the use of CBD in treatment resistant anxiety in young people. The Cannabidiol Youth Anxiety Pilot Study(1) is a small open label study that found a 42.6% reduction in anxiety severity and impairment, as reported by the ...
The Future of Cannabis is in Clinical Trials
BOSTON–You may not be surprised by the following statement: The future of the cannabis industry will inevitably involve clinical research. So, what steps is the industry taking to keep up with the upcoming demands of running clinical trials on the cannabis plant or products? The majority of the American public agrees that cannabis should be ...
71% of Americans Believe Cannabis Legalization Improves the Economy
ST. LOUIS - As the U.S. battles economic uncertainty and the upcoming midterm elections loom, the majority of Americans (71%) believe that legalizing cannabis improves states' economies, according to a new report from Real Estate Witch, an online publication that connects readers with expert real estate advice, owned by Clever Real Estate. A survey of ...
Study Reveals the Best and Worst Cities for a Cannabis Vacation
AUSTIN Travel information industry leader Upgraded Points just released new data revealing the best and worst U.S. cities for a 'Canna-cation,' including the most and least expensive cities to explore bud. The travel experts analyzed 50 major cities where recreational marijuana is legal to find the best cities for a cannabis vacation. The researchers considered ...
The Worldwide Medical Marijuana Industry is Expected to Reach $40 Billion by 2028
Dublin - The medical marijuana market was valued at US$ 11,706.50 million in 2021 and is likely to reach value of US$ 40,027.59 million by 2028; it is estimated to grow at a CAGR of 19.2% from 2022 to 2028. The report highlights trends prevailing in the market and factors driving the medical marijuana market. ...
United States Medical Cannabis Taxation Policy/Regulatory Report 2022
Dublin - This report focuses only on state taxation of medical cannabis. On the federal level, there is no excise tax on cannabis, as it is a controlled substance. Cannabis businesses must still pay income taxes, though, and cannot claim deductions that other businesses routinely use for federal tax purposes. Tax policies for medical cannabis ...
Oldham Global and Project Wave: The Future of the International Cannabis Market
NEW YORK–Undoubtedly, the cannabis industry is seeing major changes in the US and internationally, as more legal markets (both medicinal and recreational) are coming back online worldwide; therefore, it is expected to witness the influx of big players from other industries, as it is the case of Oldham Global, in shaping the future of our ...
The Worldwide Cannabis Industry is Projected to Reach $82.3 Billion by 2027
DUBLIN - The global cannabis market is estimated to be valued at USD 27.7 billion in 2022 and is projected to reach USD 82.3 billion by 2027, recording a CAGR of 24.3% in terms of value. The market is driven by the rise in the use of cannabis for recreational and medical use. Moreover, there has been an increased ...
Hemp Environmental Control System Market Size to Reach USD 14.58 Billion by 2030
Newark - As per the report published by The Brainy Insights, the global hemp environmental control system market is expected to grow from USD 3.95 billion in 2021 to USD 14.58 billion by 2030, at a CAGR of 15.62% during the forecast period 2022-2030. Governments worldwide are promoting hemp farming given the rising awareness about ...
The Cannabis Cultivation Market Is Set To Grow At A 15% Rate Due To The Adoption Of Cannabis In Disease Treatment
LONDON - According to The Business Research Company’s research report on the cannabis cultivation market, adoption of cannabis for the treatment of chronic diseases is expected to propel the growth of the cannabis cultivation market going forward. A chronic disease refers to a medical condition that lasts for a year or longer and necessitates continuing ...
California Attorney General Bonta Announces Eradication of Nearly One Million Cannabis Plants as Part of Interagency Effort to Combat Illegal Market
CALIFORNIA, Oct. 21, 2022, California Attorney General Rob Bonta today announced the eradication of nearly one million illegally cultivated cannabis plants and the seizure of more than 200,000 pounds of illegally processed cannabis as part of the California Department of Justice’s annual Campaign Against Marijuana Planting (CAMP) program. Since 1983, this 13-week program has eradicated ...
Increasing Use Of CBD Oil In Skincare Products To Treat Acne And Wrinkles, To Drive Growth Of The Global CBD Market
Pune - Тhе process of research on particular market elaborate the study of both impact; positive or negative on industry or market globally. While research report includes various factors such as hіѕtоrісаl dаtа, tесhnоlоgісаl іnnоvаtіоnѕ, gоvеrnmеnt роlісіеѕ аnd mаndаtеѕ, соmреtіtіvе lаndѕсаре, nеw ѕоlutіоnѕ аnd аltеrаtіоnѕ сurrеnt аnd hіѕtоrісаl trеndѕ іn thе mаrkеt, market еnvіrоnmеnt, tесhnоlоgісаl ...
Service List Expands Due to Growing Demand in the Cannabis Industry
OKLAHOMA CITY - According to a study by BofA Securities, the U.S. Cannabis industry saw a 67% revenue jump in 2020, and another 40% leap in 2021. These massive surges in interest took it far ahead of all international competition and made stepping in the market a tempting opportunity for many. In fact, years since ...
Global Cannabidiol Legalization Trend to Shape the CBD Market’s Future Growth
SAN ANTONIO - The acceptance of cannabidiol (CBD) as an ingredient for supplements, food and beverages (F&B), and personal care products attracts the participation of large companies in the CBD market. Frost & Sullivan's recent analysis, Global CBD Ingredients Growth Opportunities, finds that the global trend in legalizing CBD and scientific research supporting its benefits ...
Cannabis Testing Lab Detects Crop-Destroying Viroid in California
IRVINE, Calif., Oct. 18, 2022 Purity Medical Laboratories is now offering hop latent viroid (HpLVd) testing to assist growers in identifying and eliminating a devastating viroid that occurs worldwide. Hop latent viroid, a plant pathogen, is also known as "dudding disease" due to its tendency to reduce yield and stunt growth and lead to a ...
CNBX Files New PCT Patent Application For Cannabinoids-Based Neoadjuvant Cancer Therapy
REHOVOT, Israel and BETHESDA, MD., Oct. 18, 2022 CNBX Pharmaceuticals Inc. A development of cancer related cannabinoid-based medicine, announced today that the Company has filed a new patent application titled " COMPOSITIONS COMPRISING CANNABINOIDS AND METHODS OF USE THEREOF IN THE TREATMENT OF CANCER" under the Patent Cooperation Treaty (PCT). Said patent application relates to several of the drug ...
Technological Advances Help Better Regulate Cannabis and Alcohol Consumption
NEW YORK - The cannabis industry has grown rapidly in recent years, and as a result, there are concerns over possible cannabis abuse. One of the major concerns over cannabis abuse revolves around operating a vehicle while impaired. The National Institute on Drug Abuse highlighted that marijuana was the most common illicit drug found within ...
Canadian Minister of Health Issues Statement on Fourth Anniversary of Legalization of Cannabis
OTTAWA, ON, Oct. 17, 2022 Today, the Minister of Health and the Minister of Mental Health and Addictions and Associate Minister of Health issued the following statement about the Cannabis Act: The Cannabis Act came into force, putting in place a new, strictly regulated framework for controlling the sale, possession, production and distribution of legalized and regulated cannabis ...
CBD Oil Market Size Worth $15+ Billion, Globally, by 2028 at 31+% CAGR
NEW YORK - The Insight Partners published latest research study on "CBD Oil Market Size, Share, Revenue, Growth Strategy, Industry Trends and Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type, Application, Distribution Channel, and Geography", the global CBD oil market size is expected to grow from USD 2.42 billion in ...
GreenBroz Unveils Automated M+ Trimming System
LAS VEGAS, Oct. 13, 2022 GreenBroz Inc. A post-harvest cannabis processing technology, announced an updated version of its M+ Trimming System -- the first fully automated trimming system on the market. Designed to yield a better user experience and productivity, this powerful, intelligent solution combines the legendary Model M Dry Trimmer with the Rise Conveyor with intelligent controls to automate the movement of ...
CNBX Patent Application “Composition and Method for Treating Cancer with Cannabinoids” Enters National Phase in US and Israel
REHOVOT, Israel and BETHESDA, Md., Oct. 13, 2022 CNBX Pharmaceuticals Inc. announced today that the Company's patent application titled "Composition And Method For Treating Cancer With Cannabinoids" was filed on October 12, 2022 with the US Patent and Trademark Office (USPTO) and with the Israel Patent Office under a national phase of International Patent Application. National phase filing in Europe will follow. Said patent ...
The Growth of the Cannabis Market Propels Demand for New Technology to Restrain Misuse
NEW YORK - Presently, the medical cannabis sector accounts for a majority of the market share, as progress is slowly being made in removing the stigmas associated with such products. The more welcoming perception towards cannabis legalization can be attributed to, in large part, the passage of the 2018 Farm Bill, which legalized production of ...