Insights

California could increase legal cannabis sales and bring in 123% more in total monthly cannabis-related tax revenue by 2024 by eliminating its cultivation tax, according to a new study by Reason Foundation, Good Farmers Great Neighbors, and Precision Advocacy. "High taxes are undermining California's legal cannabis market," says Geoffrey Lawrence, director of drug policy at ...

Dublin - The "Cannabis Products Global Market Report 2022: By Product, By Usage, By Compound, By Route" report has been added to ResearchAndMarkets.com's offering. The global cannabis products market is expected to grow from $28.0 billion in 2021 to $35.0 billion in 2022 at a compound annual growth rate (CAGR) of 25.0%. The market is ...

Washington, DC: Legal cannabis states generated more revenue from retail cannabis sales than they did from alcohol sales, according to data provided by the Institute on Taxation and Economic Policy (ITEP). According to ITEP’s analysis, legal states in 2021 collected an estimated 20 percent more in taxes from retail cannabis sales than from the sale of alcohol products. ...

WASHINGTON - Vantage Market Research’s recent analysis of the Global Legal Cannabis Market finds that Growing adoption of cannabis for treatment of chronic pain, increasing awareness about the positive effects of CBD for the treatment as well as rising legalization and government support for use of cannabis for medication, are factors that influencing the growth ...

NEW YORK - The global industrial hemp market was found to be valued at $4,452.0 million in 2021, which is projected to reach a huge $60,682.8 million by 2030, increasing at a massive CAGR of 33.7% from 2021 to 2030. The growing need for hemp in several industries and the rising legalization of the cultivation ...

Dublin - The "CBD Gummies Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Category and Distribution Channel" report has been added to ResearchAndMarkets.com's offering. The CBD gummies market was valued at US$ 2,133.48 million in 2021 and is projected to reach US$ 12,182.21 million by 2028. It is expected to grow at ...

Dublin - The report provides a genesis overview of the connected e-cigarettes, tobacco heating systems, cannabis vaporizers and dedicated software applications that were released worldwide for all time. The report contains an analysis of 56 connected e-cigarettes, 38 cannabis vaporizers and 18 electric heating systems with corresponding applications in terms of the progress of their ...

Washington - New Frontier Data (https://NewFrontierData.com), the data analytics and technology firm specializing in the global cannabis industry, together with Jointly, a cannabis wellness company, have released Cannabis Consumers in America: Dynamics Shaping Normalization in 2022. Since 2018, New Frontier Data has surveyed more than 20,000 consumers to benchmark and analyze cannabis consumer behavior for ...

LOS ANGELES- According to a Cornell researcher, legalizing recreational cannabis reduces demand for expensive prescription medications through state Medicaid programs. The amount of prescriptions for pain, depression, anxiety, sleep, psychosis, and seizures decreases dramatically when states legalize cannabis, according to the study. The research was carried out by Shyam Raman, a PhD student at Cornell's ...

Dublin - The "European Cannabis Report with Market Sizing Data & Adult-Use Cannabis Supplement" report has been added to ResearchAndMarkets.com's offering. 2021 was another huge year for the liberalisation and mainstreaming of cannabis in Europe. Legislation, regulations and market developments continued to evolve for the better. Many countries continued to improve their medical cannabis access ...

BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a integrated, multi-state cannabis operator, released the results of its inaugural “4/20 Cannabis Insights Poll,” which surveyed 1,100 cannabis and non-cannabis consumers in the U.S., 21 years or older. The national poll1 – conducted by the independent market-research provider Pollfish, commissioned by Jushi and ...

TRENTON- New Jersey voters passed cannabis legalization in 2020, and you're probably aware that cannabis can now be legally purchased in the state as of Thursday, April 21st. The Cannabis Regulatory Commission has approved seven ATCs, totaling 13 medicinal cannabis stores across the state. On April 21st, at least a half-dozen medicinal cannabis dispensaries aim ...

NEW YORK––There are some horrible stories of people getting ripped-off by so-called cannabis capital raise experts. Cannabis companies cannot, and in almost all cases, should not, pay any kind of fees to an unlicensed broker.  The reason is because it's almost certainly illegal, and may give investors a claim to their money back plus interest ...

PORTLAND- Adults who have used psilocybin – a psychedelic drug found in hallucinogenic mushrooms – at some point in their life are 30 percent less likely to develop opioid use problems, according to a new Harvard University study. These discoveries potentially pave the way for safer and more successful therapeutic treatments for substance misuse therapy. ...

Selbyville, Delaware - The cannabidiol market value is projected to cross USD 56.2 billion by 2028, according to a new research report by Global Market Insights Inc. Increasing utility of cannabidiol in the pharmaceutical industry is expected to fuel the industry growth. The global market is noted to be an emerging industry where consumers are ...

DENVER - Akerna (Nasdaq: KERN), a enterprise software company and the developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engine powering the global cannabis industry, predicts that U.S. cannabis shoppers will spend nearly $130 million on legal cannabis on April 20th, known as "420", an unofficial but widely celebrated cannabis consumption ...

CHATTANOOGA, Tenn. - RAVE's Top 30 CBD Stores in the Southwest is a comprehensive directory to the best CBD shops in Arizona, Texas, New Mexico, and Oklahoma. The Southwestern United States is booming when it comes to the cannabis industry. While recreational use is only legal in Arizona, medical marijuana use is legal in all ...

CHICAGO - Thousands of people in search of alternative therapies have recently discovered the therapeutic benefits of Nesas Hemp, the full-spectrum CBDa hemp extract. Created by Inesa Ponomariovaite, Nesas Hemp is one of the few companies in the world that offer customers certified organic hemp oil made with CBDa, rather than CBD. Unlike CBD products ...

FRANKFURT, Germany - The "green rush" in Europe has commenced, and Americans are ready to invest their time, travel plans and money into the cannabis market across the pond, according to a new study. Today, Bloomwell Group, a Germany-based holding company for medical cannabis companies, released the results of its 'European Cannabis Market Survey,' which examined American ...

New York - Reportlinker.com announces the release of the report "Laboratory Proficiency Testing Market by Industry, by Technology - Global Forecast to 2026" - PT forms an essential precondition for operational excellence and accreditation in several industries. This is one of the major factors driving the growth of the laboratory proficiency testing market globally. Also, ...

HARTFORD, CONNECTICUT– It was sometime in January of 2021 when Governor Ned Lamont announced that cannabis consumption and sales would become legal in the Constitution State. White Oak Apothecary, back then formed by just my husband and I, started to network and get insights from industry experts to join the cannabis industry in Connecticut. Legalization ...

NEW YORK - Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from CEO’s of: Moderna, Inc. (NASDAQ: MRNA), PharmaDrug (OTC: LMLLF) (CSE: PHRX) Tilray, Inc. (NASDAQ:TLRY) and Vinco Ventures (NASDAQ: BBIG). Today’s emerging technologies and lifestyle megatrends are unleashing trillion dollar market opportunities ...

LOS ANGELES — New Frontier Data just released its annual market update, the 2022 U.S. Cannabis Report: Industry Projections & Trends, in collaboration with FTI Consulting. Annual legal cannabis sales in the United States are expected to exceed $57 billion by 2030 — a 14 percent CAGR — in current legal states, and $72 billion ...

BRUSSELS, Belgium - Summary: Medi-Tech Insights: Legalization of medical cannabis & rising number of cannabis testing laboratories in key markets such as the U.S., growing adoption of laboratory information management systems (LIMS) in cannabis testing laboratories, and government support for legalization of medical marijuana in LATAM and Europe are the key factors driving the growth of ...