The global legal marijuana market is set to experience substantial growth over the next decade, according to a recent report by Prophecy Market Insights. Currently valued at $47 billion in 2024, the market is expected to surge to $194 billion by 2034, growing at an annual rate of 16.9%. The “Legal Cannabis Market Report” breaks …
Category: Miscellaneous
Jul 08 2024
7/10: National Dab Day Explained
National Dab Day, celebrated annually on July 10, is a date with growing significance in the cannabis community, particularly among those who prefer concentrates. Also known simply as 710, the day is dedicated to dabbing, a method of consuming cannabis concentrates that has grown in popularity over the past decade, especially as more states continue …
Jul 08 2024
The 10 Largest Marijuana Companies by Market Cap
Despite marijuana remaining illegal in most countries and in a majority of U.S. states, many marijuana companies have continued to thrive. Currently, only a few nations, such as Canada and Uruguay, have legalized recreational marijuana. In the U.S., 24 states have legalized recreational marijuana. Regarding medical marijuana, around 40 countries have legalized it, alongside 38 …
Jul 07 2024
Florida: Three Recent Polls Shows Support for Amendment 3 to Legalize Marijuana Above 60%
Voters in Florida are less than four months away from deciding the fate of Amendment 3, which aims to legalize recreational marijuana. Multiple polls indicate that it is on track for passage. Amendment 3 would allow individuals aged 21 and older to possess up to three ounces of dried marijuana flower and up to five …
Jul 07 2024
These Four States are Set to Legalize Marijuana in 2025
In 2025, at least four states are poised to join the ranks of those that have legalized recreational marijuana. Three states — North Dakota, South Dakota, and Florida — have marijuana legalization initiatives on this November’s ballot, potentially increasing the number of legal states to 27. Additionally, several states came close to legalizing this year …
Jul 06 2024
The 10 States Next in Line to Legalize Marijuana
With marijuana legalization continuing to gain traction across the United States, several states are positioning themselves to join the ranks of those that have already embraced this shift. This year, three states have marijuana legalization initiatives on the November ballot, while others are gearing up for potential legalization in 2025. Here’s a look at the …
Jul 05 2024
Florida Poll: 64% of Likely Voters Support Amendment 3 to Legalize Marijuana, Third Poll to Find Support Above 60%
According to newly released polling, a strong majority of likely Florida voters support Amendment 3 which would legalize recreational marijuana for everyone 21 and older. The poll, first reported by Florida Politics, found that 64% of Florida likely voters support Amendment 3. Given Amendment 3 is a constitutional amendment, it requires 60% support to be …
Jul 04 2024
This July Fourth, I’m in My 26th Year Behind Bars for Marijuana
By Edwin Rubis, Truthout , republished with special permission When the clock strikes 10:00 pm, I’ll be sitting in the darkness gazing out a grimy, metal barred window. Miles away, the starlit sky will explode with cheerful colors. Two seconds after each rocket reaches its apex point, the blast will resonate through the walls. The city …
Jul 04 2024
Of the Five Statewide Marijuana Initiatives on the November Ballot, Polls Show Four Likely to Pass
This November, voters in five states—North Dakota, South Dakota, Florida, Arkansas, and Nebraska—will decide on various marijuana initiatives. Polls indicate that four out of these five measures are likely to pass. According to recent polling, all but North Dakota have enough support for their marijuana initiatives to be passed into law. This, of course, doesn’t …
Jul 04 2024
3 States Will Vote to Legalize Recreational Marijuana this November
Voters in three states will have the opportunity this November to legalize recreational marijuana. In Florida, voters will consider Amendment 3, the first of the three initiatives to be officially placed on the ballot. The initiative, proposed by Smart & Safe Florida, would legalize the possession, use, and licensed distribution of marijuana for those 21 …