If Australia were to legalize marijuana they would save $1.2 billion each year, which doesn’t account for the potential billions that could be made in new taxes. This is according to the Cannabis in Australia report by Penington Institute. The report also found that more than a third of Australians aged over 14 have used …
Category: Miscellaneous
Apr 15 2023
Report Finds Portland, Oregon is America’s Best City for Marijuana, Followed by Denver and Buffalo
According to a new report Portland, Oregon is America’s most cannabis-friendly city, followed by Denver, Colorado and Buffalo, New York. The report, conducted by Real Estate Witch (an online publication from Clever Real Estate) and Leafly, analyzed various criteria including the legality of marijuana, dispensary data, marijuana prices, and more in order to determine the …
Apr 13 2023
Poll: 56% in South Carolina Want Recreational Marijuana Legalized
A strong majority of adults in South Carolina want marijuana to be legalized, and an even higher percentage support legalizing medical marijuana. According to the newest Winthrop University Poll, 56% of adults in South Carolina support legalizing recreational marijuana, while 76% support legalizing the substance for medical use. In terms of medical marijuana, 72% of …
Mar 30 2023
Report: Global Legal Marijuana Market Valued At $13 Billion, Expected to Grow to $66 Billion by 2030
The market for legal cannabis has a global value of over $13 billion, and is expected to grow rapidly in the coming years, according to a new report. The Global Cannabis Market Report, conducted by the research firm Contrive Datum Insights, found that as of the end of 2022 the global legal cannabis market is …
Mar 24 2023
Report: Global Cannabis-Infused Edibles Market Valued at $5.14 Billion, to Grow to $9.28 Billion by 2028
According to a new report the global cannabis-infused edibles market is currently valued at over $5 billion, and is anticipated to grow rapidly in the coming years. Conducted by Research and Markets, the report found that as of the start of 2023, the global marijuana-infused edibles market is worth $5.14 billion. It’s expected to grow …
Mar 17 2023
Study Finds Cannabinoids “May Have Utility in Cancer Immunotherapy Regimens”
According to a new Frontiers in Immunology study, specific cannabinoids “may have utility in cancer immunotherapy regimens by overcoming immune escape and augmenting cancer immune surveillance in metastatic disease.” Titled Specific cannabinoids revive adaptive immunity by reversing immune evasion mechanisms in metastatic tumours, the study was conducted by researchers at the University of British Columbia, …
Mar 16 2023
Here Are the 38 States That Have Legalized Medical Marijuana, and the 12 That Haven’t
Medical marijuana is now legal in the vast majority of U.S. states, with just 12 continuing a full-blown prohibition on the medicine. California was the first state to legalize medical marijuana in 1996. In the 25 years since, 37 other states have followed suit, though they have varied greatly in their approach. Below we breakdown, …
Feb 27 2023
Report: CBD Skincare Market Topples $1.3 Billion Valuation
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
Here Are The 21 States That Have Legalized Recreational Marijuana
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
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 …