Category: Miscellaneous

Global Cannabis Extract Market to Grow from $3.6 Billion to $23 Billion by 2032, US Makes up 77% Market Share

According to a new report conducted by the research firm The Brainy Insights, the global market for cannabis extracts is worth $3.6 billion with expected rapid growth in the coming decade. The global cannabis extract market was valued at $3.6 billion in 2022 and is expected to grow at a compound annual growth rate of …

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Industrial Hemp Market Worth $8 Billion Globally, to Grow to $23 Billion by 2030

According to a new report, the global hemp market is valued at $8 billion as of the end of 2022. The Global Industrial Hemp Market report, published by Verified Market Research, estimates that the market will grow at a compound annual growth rate of 14.05% between 2023 and 2030, to rise to an overall value …

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Global Market for Medical Marijuana Oil Worth Over $2 Billion, to Grow to $7.1 Billion by 2030

According to a new report the global medical marijuana oil market was sized at $2.1 billion in 2021, and is forecast to grow to $7.1 billion by 2030. The over tripling of value by 2030 would mark a compound annual growth rate (CAGR) of 12.1% during the forecast period of 2022 to 2030, finds the …

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Report: Hemp Milk Market Worth $112 Million Annually, to Over Double by 2032

 According to a new report, the market for hemp milk has grown substantially in recent years and is expected to more than double in value by 2032. According to the report by Future Market Research, there was $112.8 million in hemp milk sales in 2022. The report predicts that by 2032, annual hemp milk sales …

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Report: Cannabis Infused Edibles Market Worth $9.68 Billion, to Grow to $20 Billion by 2028

According to a new report, the global market for legal cannabis infused edibles is worth almost $10 billion as of the start of 2023, and it’s expected to grow rapidly in the coming years. The Cannabis Infused Edible Products Market size is expected to grow from $9.68 billion in 2023 to $20.60 billion by 2028, …

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Here Are Seven Founding Fathers Who Grew and Advocated for Hemp and/or Marijuana

By Benjamin M. Adams, High Times On July 4, 1776 (247 years ago) the Second Continental Congress unanimously adopted the Declaration of Independence, announcing the colonies’ separation from Great Britain. Many of them not only grew hemp but insisted how important the plant is to the foundation of American agriculture. Sorting through rumors about the …

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Report: In Legal Marijuana States, Just 6% of Consumers Purchase From an Illegal Dealer

According to a new report, even in states with high marijuana tax rates legalization is reaching one of its primary goals of eliminating the black market According to a new report by New Frontier Data, 52% of current marijuana consumers in states where its legal said their primary source of marijuana and marijuana products is …

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Report: Half of Americans Have Tried Marijuana, 37% are “Current Consumers”

According to a new report titled Cannabis Consumers in America 2023: Part 1, half of all Americans have tried marijuana and 37% are “current consumers”. The new report, conducted by Frontier Data, found that 42% of adults in the United States have used cannabis and say that they will use it again, a 3% increase from …

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Report: Gobal Recreational Marijuana Market Valued at $20 Billion, to Grow to $123 Billion by 2032

The global market for legal recreational market was valued at $20 billion at the end of 2022, and is expected to quintuple by 2032, according to a new report. The report was conducted by the research firm Brainy Insights, which found that the legal recreational marijuana market is expected to grow from $20 billion in …

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On 4/20 Eleven Years Ago There Were 0 Legal Marijuana States, Now There’s 21

11 years ago today – on 4/20, 2012 – there was not a single state in the US that had legalized recreational marijuana. Fast forward to today and people in 21 states are enjoying legal marijuana this 4/20, with Delaware poised to become the 22nd legal marijuana state by the end of the month. This …

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