Feb 27 2023
A new report conducted by Research and Markets has found that the global market for CBD skincare products is worth over $1.3 billion. Specifically the report estimates the market value to be $1.346 as of the end of 2020. It states that in recent years increasing disposable incomes and living standards have increased the focus …
Feb 21 2023
Recreational marijuana has been legalized in 21 states across the U.S., with Oklahoma vying to be the 22nd during a March special election. This means that despite decades of prohibition and propaganda, adults over the age of 21 can legally purchase and consume marijuana for recreational purposes in over 20 states (this number was 0 …
Feb 16 2023
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 …
Feb 15 2023
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 …
Feb 13 2023
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. …
Feb 09 2023
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 …
Feb 08 2023
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 $1.1 …
Feb 02 2023
According to new polling a majority of adults in Hawaii are in favor of passing a law that legalized recreational marijuana. The poll, conducted by SMS Hawai’i, found that 52% of Hawaii residents who are adults support legalizing marijuana, with just 31% opposed. This leaves 17% undecided, although if all 17% decided to oppose legalization …
Jan 25 2023
The global market for industrial hemp is anticipated to grow at a tremendous pace in the coming years according to a new report conducted by Million In$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 …
