Jan 25 2023
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% …
Jan 10 2023
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 …
Jan 09 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 …
Dec 27 2022
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 …
Dec 26 2022
The number of legitimate, peer-reviewed cannabis-related studies released each year has grown at a rapid pace in recent years, and 2022 was no different. Although there were hundreds of studies released in 2022 related to cannabis and/or its many chemical compounds, there are some that rise above the rest in terms of their importance and …
Dec 15 2022
A new survey has found that a very slight plurality of cannabis consumers prefer edibles over other methods of consuming cannabis such as dried flower and pre-rolls. Conducted by Pollfish and commissioned by Jushi Holdings Inc., the Cannabis Consumer Insights Holiday Poll included 1,000 participants in states that have legalized recreational marijuana. The survey found that …
Dec 12 2022
The global cannabidiol market was valued at $5.18 billion as of the end of 2021, and it’s expected to grow rapidly over the next 7 to 8 years. This is according to a new report conducted and released by Million Insights. The report found that the global CBD market is expected to grow at an annual …
Dec 01 2022
Legal marijuana sales are now taking place in Rhode Island for the first time. Although just five retail marijuana outlets opened their doors today in Rhode Island, that number is expected to grow to 33 in the coming months. The five outlets currently opened are: Aura of Rhode Island (Central Falls) Thomas C. Slater Center …
Nov 27 2022
According to a new Cannabis Infused Products Market report, the market is currently valued at $29.68 billion and is expected to grow at an incredible rate to reach a value of $150.1 billion by 2030. Data Bridge Market Research analyses that the cannabis infused products market which was USD 29.68 billion in 2022, would rocket up to USD 150.51 …
Nov 23 2022
According to a new Cannabis Cultivation Global Market Report 2022, the market is expected to grow from $114.66 billion in 2021 to $132.55 billion in 2022. The report found that this number will grow drastically in the coming years, with estimates putting the market’s value at $235.74 billion by 2026, an over $100 billion increase …
