Nov 20 2022
Support for marijuana legalization in the U.S. remains at the record-high 68% recorded in each of the past two years according to a new Gallup Poll. When Gallup first asked about legalizing marijuana in 1969, just 12% of Americans were in favor. Support grew steadily to 2000, when just about one third (31%) said they …
Nov 18 2022
The Industrial Hemp Market is estimated to be valued at $6.8 billion in 2022 and is projected to reach $18.1 billion by 2027, recording a compound annual growth rate (CAGR) of 21.6%. This is according to a new report by MarketsandMarkets™. The increased usage of hemp seeds in a wide range of food and beverage products such as cereals, …
Nov 14 2022
10 years ago Washington State and Colorado, on the same night, became the first states to legalizing marijuana. According to new data, this has resulted in considerable tax revenue for both states. According to data released by the Colorado Department of Revenue and the Washington State Liquor and Cannabis Control Board, the combined total tax …
Nov 09 2022
With Maryland and Missouri legalizing marijuana this election, there are now 21 states in the U.S. with legal marijuana. Despite marijuana remaining illegal federally, 21 states with a combined 130 million residents have now legalized marijuana. 11 years ago, this number was zero. The rapid pace of marijuana reform across the United States, and the …
Nov 04 2022
We’re now just 4 days away from the November 8th general election, in which five states have an opportunity to legalize recreational marijuana. If voters in Maryland, Arkansas, South Dakota, North Dakota and Missouri decide that marijuana should in fact be legal for everyone 21 and older, for any purpose, it will bring the total …
Oct 24 2022
A large majority of adults in the United States, including a majority of Republicans, believe marijuana should be legal according to a new Monmouth University Poll. Overall, two-thirds (68%) of the American public supports legalizing the possession of small amounts of marijuana for personal use, finds the new poll. This includes 76% of Democrats and 73% …
Oct 24 2022
A new report details the best and worst U.S. cities for a ‘Canna-cation,’ including the most and least expensive for marijuana. Upgraded Points, a travel information industry leader, analyzed 50 major cities where recreational marijuana is legal to find the best cities for a cannabis vacation. The researchers considered 10 ranking factors strongly related to …
Oct 21 2022
Despite marijuana remaining illegal in many parts of the world, the global legal marijuana market is now valued at $27.7 billion and is expected to grow to over $80 billion by 2027. The global cannabis market is estimated to be valued at $27.7 billion in 2022 and is projected to reach $82.3 billion by 2027, …
Oct 21 2022
According to a new report by Insight partners, the market for cannabidiol (CBD) oil has grown to $2.42 billion, and is expected to surpass $15 billion within the next six years. The CBD Oil Market report found that the CBD oil market size is expected to grow from USD 2.42 billion in 2021 to USD 15.66 billion by …
Oct 20 2022
Colorado voters in just 24 days will be deciding whether or not to legalize psychedelics, including licensed healing centers, making them just the second state to do so following Oregon. Proposition 122 is on the November 8th ballot in Colorado. The measure would decriminalize the possession, cultivation, consumption and sharing (for those aged 21 and …
