The global medical cannabis market is expected to experience rapid growth, with projections showing an increase from $13.12 billion in 2023 to $91.065 billion by 2032. This reflects a compound annual growth rate (CAGR) of 24.02% over the forecast period, according to a new report by Introspective Market Research. This growth is attributed to the …
Category: Miscellaneous
Nov 19 2024
U.S. Marijuana Sales Reach $1.872 Billion in October
In October, legal marijuana states collectively generated $1.872 billion in sales. This total, based on an analysis by The Marijuana Herald, represents a marginal decrease from September’s $1.877 billion, highlighting the market’s stability. Sales data for most states was sourced from their regulatory bodies overseeing the marijuana industry. In instances where this data was unavailable, …
Nov 18 2024
The Most Popular Marijuana Strains in Texas Right Now
Here’s a look at the most popular marijuana strains in Texas. Although marijuana remains illegal in Texas, the state still has a thriving market. This is fueled by the availability of marijuana from nearby New Mexico—where recreational use is legal—as well as online sources, home cultivation, and other means. Last week legislation was filed in …
Nov 11 2024
If We Care About Veterans, We’ll Legalize Marijuana Nationwide
As the nation honors Veterans Day, a growing number of advocates argue that the best way to honor America’s veterans is to provide them with broader access to cannabis. For years, veterans and advocacy groups have pushed for marijuana reform, pointing to cannabis’ potential to address conditions like post-traumatic stress disorder (PTSD), chronic pain, and …
Nov 11 2024
Report: CBD Gummies Market Valued at $1.88 Billion, to Grow to $19 Billion by 2033
The global CBD gummies market was valued at $1.88 billion in 2024 and is projected to reach from $2.44 billion in 2025 to $19.93 billion by 2033, according to a new report. The report from Straits Research predicts that the market will grow at a compound annual growth rate (CAGR) of an eye-opening 30% during …
Nov 11 2024
The Three States Poised to Legalize Recreational Marijuana in 2025
With the 2024 election behind us, it’s clear that no new state will be legalizing recreational marijuana this year. But there’s always hope for next year! Currently 24 states have laws allowing for the possession and use of recreational marijuana, with all but Virginia also allowing licensed sales. Below is a look at the three …
Nov 11 2024
The 2024 Election Disappointed Marijuana Legalization Supporters, But Concerns May Be Overstated
The 2024 election didn’t go as planned for marijuana legalization advocates, but the outlook remains positive. The November 2024 election was expected to mark the tipping point, where legal marijuana states would become the majority, with three states considering legalization measures to join the existing 24. However, all three recreational marijuana proposals on the ballot …
Nov 07 2024
Top Drying and Curing Tips to Enhance Marijuana Flower Potency and Flavor
By Margaret Jackson, Reporter, MZBizDaily.com Drying and curing is a critical stage for marijuana cultivators that can make or break the quality of the final product. Proper drying and curing not only preserves potency and flavor but also improves the safety, shelf life and overall user experience of cannabis flower, cultivation experts told MJBizDaily. “You can …
Nov 04 2024
Tomorrow, Three States Could Join the 24 That Have Legalized Recreational Marijuana
There are marijuana-related initiatives on the ballots in numerous cities and states, but just three would take the step of fully legalizing recreational marijuana. At the start of 2012, not a single state had legalized recreational marijuana. In the 12 years since, 24 states have passed laws allowing those 21 and older to legally possess …
Nov 03 2024
These Ten Marijuana Strains Are the Most Popular in Legal Marijuana States Right Now
With marijuana legal in 24 states, certain strains have risen to prominence, captivating users with their unique effects, flavors, and potency. There are hundreds of different marijuana strains available throughout the legal marijuana market, but some are far more popular than others. Drawing insights from state regulatory data and popular cannabis platforms like Leafly, here …