Insights

Prescription Drug Use Plunges in Legal Cannabis States

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 ...

April 25th, 2022|
  • Medical Cannabis Market

€354 Million Worth of Unlicensed Medical Cannabis Forecast to be Sold in Europe in 2022

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 ...

April 19th, 2022|
  • Cannabis

New Poll Reveals Americans’ Views on Cannabis

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 ...

April 19th, 2022|

This Week: New Jersey Starts Sales of Recreational Cannabis on April 21st, 2022

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 ...

April 18th, 2022|
  • Seizure of Contraband

Can a Cannabis Company Pay a Commission to Someone Who Helps Raise Capital?

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 ...

April 18th, 2022|

Harvard University: Psilocybin Appears To Protect Against Opioid Use Disorders

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. ...

April 18th, 2022|

Study: Psilocybin Rewires Brain Connections To Help Alleviate Depression

SAN FRANCISCO-According to a new study by experts at UC San Francisco and Imperial College London, psilocybin promotes stronger connections between different parts of the brain in depressed people, liberating them from long-held patterns of rumination and excessive self-focus. The finding suggests to a broad mechanism by which psychedelics may function therapeutically on the brain ...

April 13th, 2022|

Akerna Flash Report: 420 Is Predicted to Bring In Over $130 Million in Legal Cannabis Sales

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 ...

April 12th, 2022|
  • Hemp-based products market

Holistic Health Expert Disrupting Hemp Industry

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 ...

April 12th, 2022|
  • Cannabis Legalization

New Report: 66% of Americans Would Purchase Cannabis in Germany

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 ...

April 11th, 2022|

The global laboratory proficiency testing market is projected to reach USD 1.4 billion by 2026 from USD 1.0 billion in 2021

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, ...

April 5th, 2022|

Navigating The Cannabis License Application Process in Connecticut

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 ...

April 5th, 2022|

Leaders: Moderna, Tilray, PharmaDrug, and Vinco; Highlight New Trends in Vaccines, Biotech, Digital Media, and Consumer Brands

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 ...

March 31st, 2022|

U.S. Cannabis Sales to More than Double by 2030

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 ...

March 30th, 2022|
  • Global Cannabis Testing Market

Global Cannabis Testing Market Valued at $1.1 Billion (2021), Healthy Growth Rate of 14% To Reach $2.1 Billion by 2026

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 ...

March 28th, 2022|

Megatrends: CEO’s of TLRY, OGGFF, BYND, BIRD Focus on Next Wave of Billion Dollar Market Opportunities in Cannabis, and Plant-Based Lifestyles

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: Tilray, Inc. (NASDAQ:TLRY), ORAGIN Foods (OTC: OGGFF) (TSX.V: OG), Allbirds, Inc. (NASDAQ: BIRD), and Beyond Meat (NASDAQ: BYND). Today’s lifestyle megatrends are creating billion dollar opportunities for disruptive innovation ...

March 26th, 2022|
  • psychedelic medicines

Psychedelics Deep Dive: Psychedelic Medicines in Development: Part 3 of 4

LOS ANGELES- Human beings have used psychedelic substances for thousands of years. It's only recently, though, that these mind-altering compounds have made their way back into the realm of mainstream medical science. Out of all the psychedelics discovered and popularized during the 20th century, ketamine was the only substance to retain its therapeutic classification. Now, ...

March 21st, 2022|
  • CBD, Global Cannabidiol Market

CBD Gummies Market Size Worth $12.18Bn, Globally, by 2028 at 28.3% CAGR

The CBD Gummies Market Size, Growth driven by the rising popularity of CBD gummies owing to their therapeutic effects, surging influence of social media and celebrities, growing awareness regarding the health benefits of CBD products and rising adoption among athletes and sportspersons. NEW YORK - The Insight Partners published latest research study on "CBD Gummies ...

March 17th, 2022|

Psychedelics Deep Dive: Key Players in the Psychedelics Industry: Part 2 of 4

LOS ANGELES- The psychedelics industry is just now starting to make headlines. Ketamine, a potent psychedelic, has been legal with a doctor’s prescription for decades, and psilocybin is already recreationally legal in certain areas around the country. Psychedelics companies will have to surmount significant public ignorance and regulatory red tape, but a considerable volume of ...

March 15th, 2022|
  • cannabis cultivation market

At CAGR 8.1% Globally Cannabis Cultivation Market Growth

NEW YORK - As per the findings of Zion Market Research study, Cannabis Cultivation industry garnered profits worth US$ 147.3 billion in 2020 and is set to amass revenue of approximately US$ 359.6 billion by 2028. Moreover, Cannabis Cultivation market is expected to register a CAGR of approximately 8.1% in 2021-2028. Growth of cannabis cultivation ...

March 14th, 2022|
  • Industrial Hemp Market

Global Industrial Hemp Markets Report 2022-2030

Dublin - The "Industrial Hemp Market Size, Share & Trends Analysis Report by Product (Seeds, Fiber, Shivs), by Application (Animal Care, Textiles, Personal Care), by Region (North America, APAC), and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering. The global industrial hemp market size is expected to reach USD 16.75 billion by 2030, ...

March 11th, 2022|

SEI and NIHC Enter MOU to offer the ASTM HEMPQ + NIHC Certification Program for Test Laboratories

WASHINGTON - The Safety Equipment Institute, an affiliate of ASTM International, and the National Industrial Hemp Council of America (NIHC) announced they have signed a memorandum of understanding (MOU) to develop a joint certification program for hemp testing laboratories. This initiative will lead to industry harmonization and embed confidence of hemp brands promoting consumer health ...

March 10th, 2022|
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