Insights

DENVER, Jan. 11, 2023 Medicine Man Technologies operating as Schwazze, announces changes to its executive leadership team in preparation for its growth initiatives in Colorado and New Mexico. Todd Williams, who has been acting as a Senior Advisor & Consultant for Mergers & Acquisitions and Real Estate, will become EVP, M&A and Real Estate. Williams has been a key member of the Schwazze Executive ...

COMMERCE, California- More than 300 drivers and warehouse workers at Grassdoor, a cannabis delivery service, have joined Teamsters Local 630. "This victory is emblematic of the fact that companies in the cannabis industry can be successful and prosperous without resorting to union busting or other unethical business practices," said Lou Villalvazo, Local 630 Secretary-Treasurer. "We look ...

Dublin - This report provides strategists, marketers and senior management with the critical information they need to assess the global cannabidiol market. The global cannabidiol market is expected to grow from $5.03 billion in 2021 to $6.77 billion in 2022 at a compound annual growth rate (CAGR) of 34.4%. The cannabidiol market is expected to ...

NEW YORK- The nonprofit Multidisciplinary Association for Psychedelic Studies’ (MAPS) clinical research program has achieved an important milestone: a successful confirmatory Phase 3 trial of MDMA-assisted therapy for post traumatic stress disorder (PTSD). The clinical research program that began in 1992 has been sponsored by the nonprofit MAPS and funded through philanthropic donations. Since 2014, ...

NEWARK, Del - The reception of cannabis beverages is supposed to increment at a CAGR of 17.00% during the estimate time frame. The cannabis beverages market is expected to ascend from US$ 1,227.3 Mn in 2023 to US$ 5,899.5 Mn in 2033. Because of overall population endeavours to sanction weed for both clinical and sporting ...

WALNUT, Calif., Jan. 2, 2023 Uncle Arnie's, California's best-selling high-dose cannabis beverage brand, is revolutionizing the way people consume and enjoy cannabis. The company's mission is to create the world's most approachable, accessible, and iconic cannabis beverages. And now, they have launched a Regulation CF equity crowdfund to allow the brand loyalists and the public to purchase shares in ...

New York - The Global Cannabis Beverages Market size was estimated at USD 541. 42 million in 2021 and expected to reach USD 596. 65 million in 2022, and is projected to grow at a CAGR 10. 45% to reach USD 983. Market Statistics: The report provides market sizing and forecast across 7 major currencies ...

VANCOUVER, BC, Dec. 23, 2022  Chemistree Technology Inc. Pursuant to the Supplemental Indenture entered into with the Debenture Trustee, Odyssey Trust Company, effective January 17, 2022, the Company will pay the interest due on December 31, 2022 - via the issuance of common shares in lieu of payment in cash. According to data provided by the Debenture Trustee, $7,571,000 in convertible ...

MELBOURNE–The short-term use of plant-derived cannabis extracts is well-tolerated and effective in patients diagnosed with insomnia, according to placebo-controlled trial data published in the Journal of Sleep Research. Australian researchers assessed the use of a proprietary cannabis oil product (Entoura-10:15) versus placebo in 29 subjects with chronic insomnia. Extracts contained 10mg of THC and 15mg of CBD. Participants ...

SAN FRANCISCO - 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, according to a new report by Grand View Research, Inc. The awareness regarding CBD-based skin care products has increased significantly over the last few years owing to their excellent medicinal properties. Key ...

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 ...

PALM BEACH, Fla. - The global cannabis cultivation market has grown significantly during the COVID-19 pandemic. The demand for hemp is rapidly growing, as many developed countries have legalized the cultivation and processing of hemp after recognizing the levels of CBD present in it, which is leading to an increased demand for hemp extracts for ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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. ...

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 ...

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 ...