Insights

DUBLIN - The global medical marijuana market size is expected to reach USD 65.8 billion by 2030 and is expected to expand at a CAGR of 21.6% The major factors attributed to the industry growth are the rapid adoption of cannabis in therapeutic applications and a surge in the number of countries legalizing the usage of medical ...

ROXBORO, N.C., Oct. 12, 2022 Open Book Extracts (OBX), an ingredient manufacturer and product development completed its first cosmetic research study, an open-label, randomized, passive-control study examining the impact of topical serums containing Tetrahydrocannabivarin (THCV) on skin acne. Building on literature outlining THCV's anti-inflammatory topical properties, OBX conducted the study to explore THCV's therapeutic potential to improve ...

TORONTO, Oct. 12, 2022 TerrAscend Corp.  a North American cannabis operator, today announced that its NewJersey and Maryland subsidiaries, TerrAscend NJ, LLC, HMS Hagerstown, LLC, HMS Processing, LLC, and HMS Health, LLC, have closed on a non-brokered senior secured term loan for gross proceeds of approximately US$45.5 million from funds managed by Pelorus Equity Group ...

CHELMSFORD, Mass., Oct. 12, 2022  VJ Group A global X-ray technology provider, has launched a cannabis division, VJ Scientific. The new division will engineer and manufacture high-performance and cost-effective X-ray solutions for the cannabis industry. VJ Scientific's flagship product is a revolutionary non-thermal, non-chemical cannabis decontamination machine, "CX-1000," which will be presented in November at ...

LONDON - This Cannabidiol (CBD) Vape Juice market report helps in evaluating the relative efficiency of the different advertising media, selling methods, the causes of consumer resistance, and the nature of demand for the firm's product. With this industry analysis report, the risk of uncertainties is minimised and sound decisions are taken easily. Moreover, it ...

LAVAL, QC, Oct. 11, 2022  Neptune Wellness Solutions Inc. a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced that it has closed the previously announced offering of 3,208,557 common shares of the Company pursuant to a registered direct offering priced at-the-market under Nasdaq rules, and ...

TORONTO - A Qualitative Research Study accomplished by Data Bridge Market research's database, titled “Global Cannabis Market” with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy-to-understand detailed analysis. This Cannabis market research report helps the management of a firm in planning by providing accurate and up-to-date information about the ...

NEW YORK - Sales of Cannabis products are expected to continue to grow as more states and major markets ease accessibility. According to data published by MJBizDaily, the combined U.S. medical and recreational cannabis sales could reach USD 33 billion by the end of 2022, mainly driven by the opening of new adult-use markets. Overall, ...

PUNE - Industrial hemp is a variety of the Cannabis sativa plant species that is grown specifically for industrial use. It can be used to make a wide range of products. Along with bamboo, hemp is one of the fastest growing plant on Earth. It was also one of the first plants to be spun ...

PORTLAND, Ore., Oct. 7, 2022 Founded in 2016 and headquartered in Portland, Oregon, Left Coast Financial Solutions is a neo-bank offering an online payment platform bridging cannabis and banking. As a provider of dispensary business banking solutions for the cannabis industry, Left Coast partners with a depository institution to offer checking, ACH, and wires that allow businesses to receive money ...

Dublin, Oct 6, 2022: The "Legal Cannabis Market Size, Share & Trends Analysis Report by Source (Marijuana, Hemp), by Derivative (CBD, THC), by End Use (Medical Use, Recreational Use, Industrial Use), by Region, and Segment Forecasts, 2022-2030" Report has been added to ResearchAndMarkets.com offering. The global legal cannabis market size is expected to reach USD ...

VANCOUVER, B.C, Oct. 5, 2022 Numinus Wellness Inc, a mental health care company today announced that its research division, Numinus Bioscience, has developed a psilocybin-containing tea bag for use in clinical research and, if appropriate regulatory approvals are granted, eventual treatment of clients in psychedelic-assisted therapy. "The Numinus team has developed the Psilocybe tea bag with scientific precision in ...

LOUIS, Oct. 5, 2022 Purpl Scientific Inc., a division of Nynomic AG which aims to bring near-infrared spectroscopy (NIRS) testing for Cannabis Extracts and finished products. Preliminary results show that NIRS can compete with High-Performance Liquid Chromatography (HPLC). Purpl's smartphone paired sensors enable highly accurate testing in seconds, by any employee, with minimal capital expense or consumables. ...

New YorkGlobal Hemp-based Foods Market 2022-2026 The analyst has been monitoring the hemp-based foods market and it is poised to grow by $ 3. 54 bn during 2022-2026, accelerating at a CAGR of 11. 55% during the forecast period. Our report on the hemp-based foods market provides a holistic analysis, market size and forecast, trends, ...

LOS ANGELES, Oct. 03, 2022 Craft brand Ball Family Farms and Ricky Williams' cannabis lifestyle brand Highsman today announced the launch of a collaborative strain, "Ricky Baker." The custom flower targets pain and inflammation and was grown in living soil, and exclusively pheno-hunted to incorporate terpenes limonene and linalool. Ricky Baker hits California retail stores Saturday, October 8th, 2022. "We are thrilled to ...

Dublin - The global medical marijuana market size is expected to reach USD 65.8 billion by 2030 and is expected to expand at a CAGR of 21.6% The major factors attributed to the industry growth are the rapid adoption of cannabis in therapeutic applications and a surge in the number of countries legalizing the usage ...

Chicago, Sept. 30, 2022 (GLOBE NEWSWIRE) -- The Cannabis Market size 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 from 2022 to 2027, according to a new report by MarketsandMarkets™. The medical segment ...

Sandy, Utah, USA - Custom Market Insights has published a new research report titled "Cannabis Infused Beauty Products Market Size, Trends and Insights Product Type (Oils, Creams, Serum, Cleansers, Others), Category (Organic, Conventional), Distribution Channel (Hyper Markets, Supermarkets, Convenience Stores, Specialty Stores), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, ...

New York - The Global Cannabis Packaging Market Size was valued at USD 2.90 Billion in 2021, the market is projected to grow USD 11.80 Billion in 2030, at a CAGR of 29.60%. as per the latest research report published by Spherical Insights & Consulting. The two primary functions of packaging are to protect the ...

PUNE - "cannabis oil Market" research report focus on overall information that can help to take decisions on current market situation. Cannabidiol is extracted from cannabis or hemp, but more specifically from hemp due to its naturally high CBD content. The product is often mistaken for its psychoactive counterpart tetrahydrocannabinol (THC) extracted from the same ...

WESTON, Conn., Sept. 30, In September 2018, when Nicole DiMonda was diagnosed with breast cancer, she underwent the regimen of widely prescribed medications, but also incorporated psilocybin and whole-plant edible cannabis in her therapy. This alternative medicine has intrigued scientists, as they improved the effectiveness of her treatments. More compelling is that her husband, an accomplished Endocannabinologist named Jaime Brambila, the Co-Founder ...

Pharmaceuticals Inc. announced today the peer-reviewed publication of its sponsored preclinical study titled "The Effect of Isolated Cannabinoid Extracts on Polypoid Colorectal Tissue" in the International Journal of Molecular Sciences; concluding "possible future therapeutic value" for the company's proprietary drug candidate currently under development, PLP-33, for the treatment of colonic polyps. Study design included collection of both ...

LANSING, Mich., Sept. 28, 2022 ACT Laboratories, Inc. a testing company in the legal cannabis and hemp markets, today announced an agreement to acquire CDX Analytics, LLC ("CDX") of Massachusetts "ACT Labs is out to build the foremost, multistate cannabis lab testing partner for cultivators, processors, dispensaries, and brands, and we're delighted that CDX is joining forces with ...