Insights

IRVINE, California – Medterra, a major CBD company, reports the results of participating in Validcare's seven-month clinical study. The study was in response to requests by the U.S. Food and Drug Administration ("FDA") for scientific data on using CBD and its effects on the liver. The clinical trial confirms Medterra alongside 11 of the most ...

NEW YORK– While 61% of New York State residents support the legalization of adult-use recreational cannabis sales, more than half (52%) of those living in New York City would oppose its sale in their neighborhood. This disparity between general support and willingness to actually live near one is a significant problem when communities decide where, ...

Sir William Brooke O'Shaughnessy (1809-1889) was an early pioneer of the cannabis industry.  William O’Shaughnessy was born in Limerick, Ireland, during the days of the British Empire. Talented in science and medicine, he was accepted to the prestigious University of Edinburgh, in neighboring Scotland where he studied chemistry, toxicology, botany and anatomy.   He joined the ...

PALM BEACH–The personal care industry has witnessed a shift in consumer demand toward CBD infused skin care and CBD healthcare products. The category has grown exponentially over the past few years. That growth is expected to continue for years to come. The sale of American-produced CBD personal care products has doubled due to consumer demand ...

FELTON, Calif., – The global cannabis beverages market is estimated to reach USD $2.8 billion, by 2025, and is projected to grow at a CAGR of 17.8% from 2019 to 2025, according to a new report by Million Insights. The cannabis beverage market is heavily fragmented due to the presence of medium and small-scale companies. Many ...

WAKEFIELD, Mass., – A new survey conducted by Siena College Research Institute on behalf of Curaleaf Holdings, Inc. a U.S. provider of consumer products in cannabis, finds 57% of New Yorkers favor a faster rollout of legalized cannabis through the expansion of the current medical market compared to legalization proposals that could take 18 months ...

CARLSBAD, Calif., – The Green Paper outlines significant and key concerns within the medical cannabis community, and what the Veterans Action Council feel are potential remedies, particularly as they relate to our Veterans. As Veterans of the United States Armed Forces, we call on the Veterans Health Administration (VHA) to fully recognize cannabis as a viable treatment ...

OAKLAND – Cannabis has been used medicinally throughout history for all different kinds of maladies, including many women’s health conditions. Ancient Egyptians made a paste made of cannabis leaves to put on sore breasts for women. In the late eighteenth - and nineteenth-centuries, doctors declared a drink combining milk, sugar, and marijuana to be an ...

BOULDER – BDSA announced today the release of its 2020 cannabis sales data and forecast future sales by region. Global cannabis sales reached nearly $21.3 billion in 2020, an increase of 48% over 2019 sales of $14.4 billion. BDSA forecasts global cannabis sales will grow from $21.3 billion in 2020 to $55.9 billion in 2026, ...

DENVER – Business intelligence from Akerna (Nasdaq: KERN), shows how the Covid-19 pandemic has altered daily lives of North Americans, with cannabis shoppers and patients spending about 25-30% more per purchase and are increasingly purchasing more volume of products per visit. Over the past year (2020-2021), the average recreational cannabis purchase was $60 – climbing ...

SAN FRANCISCO –  Eaze, California’s largest legal cannabis marketplace, today released its sixth annual Eaze Insights State of Cannabis Report. The 2020 report, “How Cannabis Consumers Responded to Crisis”, looks at aggregate consumer trends driving the world’s largest cannabis market in a year rocked by unprecedented cultural, economic and public health challenges. The report aggregates Eaze’s ...

MINNEAPOLIS – Using cannabis for relief from migraine headache may be associated with developing "rebound" headache, or medication overuse headache, which occurs when pain medication is overused by patients who have an underlying primary headache disorder such as migraine, according to a preliminary study released today March 1, 2021, that will be presented at the ...

PALM BEACH – Due to its healing properties, the demand for cannabidiol (CBD) for health and wellness purposes is high, which is the major factor driving the market growth. In addition, the rising acceptance and use of products due to government approvals is a major factor expected to boost production for CBD-infused products. Cannabidiol derived from ...

Psilocybin known far more frequently as the intoxicating chemical compound in Magic Mushrooms, is one of the safer substances that doesn’t hang around too long after consumption. It doesn’t pose as much of a threat in a corporate environment, and effects are rarely felt beyond the usual high. That said, it’s always useful to know ...

SAN DIEGO – The Battle Brothers Foundation has received approval to launch an observational study on the use of medical cannabis to help combat PTSD in veterans. In concert with NiaMedic, a medical data and research company, the study will determine if cannabis treatment will be beneficial in reducing symptoms in patients with treatment-resistant PTSD. The ...

If you had known ahead of time that the domestic CBD market would explode in 2017, what would you have done differently? There’s no need to wonder—a new opportunity is now arising that could completely eclipse the CBD boom we’ve witnessed over the last few years.  Due to advanced breeding and extraction technologies, it’s now ...

DENVER – Colorado cannabis businesses have cumulatively sold $10 billion of cannabis since 2014, according to new data released by the Colorado Department of Revenue (CDOR) on Tuesday. As of January, the state has collected $1.63 billion in tax and revenue fees since 2014, according to the data. Data from the department shows Colorado ended ...

PHILADELPHIA – Colorado and Washington legalization of cannabis is not associated with any increase in teens or young adults seeking drug abuse treatment for hard drugs like opioids, cocaine, or methamphetamine, according to data published in the Journal of Substance Abuse Treatment. Researchers from Temple University in Philadelphia and the University of Tennessee in Knoxville compared pre- ...

How do you become successful selling CBD oil wholesale? Check out our top 7 tips for sharing CBD with your customers – and being rewarded. A new study suggests that the CBD industry will grow to $20 billion by 2024. Thousands of entrepreneurs around the country have followed in the footsteps of major retail chains ...

LONDON, U.K. – British mother Hannah Deacon's campaign to save her son Alfie life in 2017 led to a change in the law in the United Kingdom enabling cannabidiol medicine to be prescribed. This prescription has helped him become seizure-free after years of as many as 150 seizures a week. However, Britain's dramatic breakaway from ...

To understand something, you must understand where it came from. Every product within today’s consumer culture has a story, and the story of how cannabidiol ended up in medicine cabinets around the world is more interesting than most. In this guide, we’ll dive deep into the history of CBD and demonstrate the value of knowing ...

Cannabidiol (CBD) has become increasingly popular as an alternative treatment for a variety of ailments, from arthritis to autism. The non-psychoactive cannabinoid is also being used by some people as a way to alleviate anxiety and depression, often to avoid powerful prescription drugs that may be habit-forming or have negative side-effects. Millions of Americans have ...