Insights
$3.6 Billion Worldwide Cannabidiol Oil Market to 2027
Dublin - The Global Cannabidiol Oil Market is estimated to be USD 1.09 Bn in 2022 and is expected to reach USD 3.64 Bn by 2027, growing at a CAGR of 27.28% Market Dynamics Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from ...
Cannabis Extract Market to Hit $15.5 Billion by 2030
SAN FRANCISCO - The global cannabis extract market size is expected to reach USD 15.5 billion by 2030. According to a new report by Grand View Research, Inc, it is expected to expand at a CAGR of 20.6% over the forecast period. The growth is attributed to the rising usage of cannabis for recreational and ...
Legal Marijuana Market Growth US$ 148070 Million by 2028
Pune - Legal Marijuana market report shares valuable information about global development status, opportunities, and challenges in near future, as past data analyzed by industry experts which is helpful for you to take needful discussions. Legal Marijuana market study offers information about the sales and revenue during the historic and estimated period of 2017 to ...
Cannabis Testing Market Size to Grow Nearly 3 Bn by 2028 with a CAGR of 10.1%
New York - According to The Insight Partners new research study titled "Cannabis Testing Market Size, Share, Growth and Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product, Type, End User, Portability, and Geography," the global cannabis testing market was valued at USD 1.5 billion in 2021 and is projected to reach ...
Study: Cannabis Use Inversely Associated with Hypertension in HCV Patients
MARSEILLE, FRANCE–According to studies reported in the Journal of Clinical Medicine, HCV (Hepatitis C virus)-infected people who use cannabis are less likely than non-users to experience hypertension or other metabolic abnormalities. In a cohort of 6,364 people with HCV infection, French researchers examined the association between current and/or lifetime cannabis usage and metabolic problems. According ...
Study: Inhaled Cannabis “Safe and Effective” for Treating Chronic Low Back Pain
HAIFA, ISRAEL– According to observational trial data published in the Israeli journal Rambam Maimonides, inhaling cannabis flower with a high THC content safely reduces symptoms of chronic lower back pain in a way that is more effective than using CBD-dominant extracts. In a cohort of individuals with low back pain, Israeli researchers evaluated the efficacy ...
Analysis: Consumers’ Cannabis Purchasing Patterns Are Determined By Price, Ease of Access
TORONTO –According to statistics published in the Journal of Studies on Alcohol and Drugs, consumers' choices regarding whether to buy cannabis products from the legal market or the unregulated market are most driven by price and convenience. More than 11,000 cannabis consumers in Canada and the US were polled by Canadian researchers. The majority of ...
Study: Adult-Use Legalization Doesn’t Influence Children’s Attitudes Toward Cannabis
BOSTON– According to studies reported in the journal Cannabis and Cannabinoid Research, the adoption of state-level laws legalizing cannabis for adults had little impact on early adolescents' opinions toward its possible hazards. Over a three-year period in states with and without legal cannabis markets, researchers from Massachusetts General Hospital and Harvard Medical School evaluated children's ...
CBD Gummies Market Size is Positioned to be worth US$ 7.27 Bn 2022-32
DUBAI, United Arab Emirates - The global CBD gummies market is set to witness an impressive growth rate of 29% over the projected years of 2022 to 2032. The CBD gummies market size is anticipated to reach a valuation of around US$ 7,270 Million by the end of year 2032 from the current valuation of ...
The Constant of the Cannabis Market Generates Need for Intoxication Detection Devices
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. Overall, the legal cannabis market is permeating throughout the U.S. states and is helping to create a multi-billion-dollar industry. While medical cannabis still dominates that ...
Global Cannabis Market Report 2022 to 2027
Dublin - The Global Cannabis Market is estimated to be USD 25.74 Bn in 2022 and is expected to reach USD 87.17 Bn by 2027, growing at a CAGR of 27.63% Market Dynamics Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the ...
Medical Cannabis Market Size to Hit USD 33,210.21 Million by 2027 at 18.14% CAGR
New York - Medical Cannabis Market Trends and Insights By Product Type (Solid, Dissolvable/Powders, Oil & Ointment, Creams), Derivative (Cannabidiol, Tetrahydrocannabinol), Route of Administration (Inhalation, Oral, Topical), Application (Pain Management, Neurological Health Management, Mental Health Management), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy) and Region (Americas, Europe, Asia-Pacific, and the Middle East & Africa), ...
NIHC Urges FDA To Approve Hemp Seed for Animal Feed
WASHINGTON, Nov, 2022 The National Industrial Hemp Council of America (NIHC) President and CEO Patrick Atagi sent a letter today to U.S. Food and Drug Administration Commissioner Robert Califf urging approval of hemp seed as an animal feed ingredient. The letter comes after a widely attended webinar hosted by the NIHC and the American Association of Feed Control Officials (AAFCO). The meeting brought ...
Global Cannabis Market Size Expected To Reach $489 Billion By 2027 At A CAGR Of 24.6%
PALM BEACH, Fla. - The legal cannabis business is expected to generate billions of dollars as Investor confidence has grown as more countries legalize cannabis and use rises. According to Emergen Research, a recent study, 141 million Americans, or 43 percent of the adult population, use legalized cannabis. By 2025, legal purchases in regulated marketplaces ...
SAFE Banking Act Could Transform the Cannabis Industry as Demand Continues to Climb
PALM BEACH, Fla. - FinancialNewsMedia.com News Commentary - The remaining months of the lame-duck Congress could be shaping up to be the most wonderful time of the year for the U.S. marijuana industry, although insiders warn legislative movement isn't a sure bet, says a recent article in industry website, MJ Biz Daily. It said that: ...
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 ...