Category: Miscellaneous

Report: Global Legal Cannabis Market Valued at $47 Billion in 2023, to Grow to $76 Billion by 2027

The global market for legal marijuana is expected to be valued at $47.5 billion by the end of 2023, and is expected to grow to $76 billion by 2027, according to a new report from Statista. “The maturity of the Cannabis market varies across the globe mainly due to differing legal environments and public attitudes …

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Global Hemp Market to Grow From $6.87 Billion to $19.37 Billion by 2030

The global market for hemp is currently valued at $6.87 billion with expectations that it’ll grow to be worth nearly $20 billion by 2030. This is according to a new Global Hemp Market report conducted and published by Cognitive Market Research. The anticipated growth represents a compound annual growth rate of 22.6%. “Hemp is considered …

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Why Marijuana Should be Legalized, According to AI

Below is an article on why marijuana should be legalized, written entirely by OpenAI’s ChatGPT. Marijuana legalization has been a hotly debated topic for decades. While some people argue that marijuana should remain illegal due to its potential negative effects on health and society, there is a growing body of evidence that supports its legalization.  …

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Report: Global Medical Cannabis Market Valued at $31.8 Million, Expected to Grow to $57.4 Billion by 2028

Despite huge growth for the global medical cannabis market in recent years, it’s expected to continue to grow at a rapid pace over the next five according to a new report. The Medical Cannabis Market Report conducted by Research and Markets found that the global medical cannabis market size reached $31.8 Billion in 2022. Looking …

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Report: Global Cannabis Testing Market Valued at $1.1 Billion, to Grow to $2.8 Billion by 2030

The global market for cannabis testing is valued at $1.1 billion as of the end of 2022, according to a new report. The market size is expected to more than double between now and 2030 to $2.8 billion as more states and nations legalize the plant for medical and recreational use. The jump from $1.1 …

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Poll Finds Majority of Adults in Hawaii Support Legalizing Marijuana

According to new polling a majority of adults in Hawaii are in favor of passing a law that legalized recreational marijuana. The poll, conducted by SMS Hawai’i, found that 52% of Hawaii residents who are adults support legalizing marijuana, with just 31% opposed. This leaves 17% undecided, although if all 17% decided to oppose legalization …

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Report: Global Hemp Market Valued at $4.13 Billion, to Grow to $16.75 Billion by 2030

The global market for industrial hemp is anticipated to grow at a tremendous pace in the coming years according to a new report conducted by Million In$ights. The global industrial hemp market was valued at $4.13 billion in the year 2021 and is expected to value at $16.75 billion by 2030, projecting a compound annual growth rate (CAGR) of 16.8% …

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Report: Global CBD Market Valued at $6.7 Billion, to Grow to $23.24 Billion by 2026

A new report has determined that the global market for the cannabis compound cannabidiol (CBD) is currently $6.77 billion. The 2022 Cannabidiol Global Market Report, conducted by Research and Markets, anticipates the CBD market to grow to $23.24 billion by 2026, a ___% increase with a ridiculously high compound annual growth rate of 36.1%. “The …

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The Top 10 Most Popular Marijuana Strains at the Start of 2023

There are hundreds of marijuana strains on the market, but some are considerably more popular than others. With 2023 now underway there are over 20 states in the U.S. that have legalized recreational marijuana and 39 that have legalized medical marijuana, and the majority of these states have licensed retail outlets selling cannabis and cannabis …

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There Were More Cannabis Studies Published in 2022 Than Any Year Prior

2022 was a record-breaking year for cannabis-related research. Researchers across the globe published a record-breaking 4,300 scientific papers on the subject of cannabis, according to an analysis of studies published by the National Library of Medicine/PubMed.gov website. This exceeds the previous record of around 4,200, set just last year. There’s strong potential for this to …

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