Insights
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 ...
Can “CB2 Oil” Help Control Blood Sugar?
TORONTO, Nov. 23, 2022 November 2022 marked the 100 anniversary of a truly Canadian innovation: the discovery of insulin. This life-saving hormone can help control blood sugar and prevent the disastrous consequences that set in when blood sugar remains elevated for prolonged periods of time. Over the last century, this has saved millions of lives and improved the ...
Global Cannabis Extraction Market Report 2022-2027
Dublin - This report studies the global market for cannabis extraction equipment and services using 2021 as a base year and provides estimates for each year of the forecast period, 2022-2027, with projections for CAGR. The scope of this report is limited and covers global markets for cannabis extraction equipment and services only. The market ...
Industrial Hemp Market worth $18.1 billion by 2027
CHICAGO - The 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 according to a new report by MarketsandMarkets™. The increased usage of hemp seeds in a wide range of ...
Medicinal Cannabis Market Size In 2022 Reaching USD 73952.26 million by 2027
PUNE - "Medicinal Cannabis Market" research report focus on overall information that can help to take decisions on current market situation. Medical cannabis is cannabis and cannabinoids that are recommended by doctors for their patients.The use of cannabis as medicine has not been rigorously tested due to production restrictions and other governmental regulations. Medicinal Cannabis ...
Tens of Thousands of Cannabis Professionals Gather for Annual MJBizCon in Las Vegas
LAS VEGAS, Nov. 16, 2022 MJBizCon returned to the Las Vegas Convention Center this morning. The 11th annual MJBizCon kicked off Wednesday morning, welcoming tens of thousands of cannabis professionals for the industry's premier event. Despite challenging economic conditions, industry growing pains and geographical regulatory hurdles, the overall sentiment is cautious optimism as the industry matures. ...
CBD Gummies Market Size & Share to Surpass $6.8 Billion by 2028
WASHINGTON - Global CBD Gummies Market was valued at $1.4 Billion in 2021 and is projected to surpass a valuation of $6.8 Billion by 2028 at a CAGR of 30.2% during the forecast period, 2022–2028. Market Overview As more and more people discover the benefits of CBD, the demand for CBD products has skyrocketed. CBD ...