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 …
Nov 22 2022
A drastic majority of adults in the U.S. believe marijuana should be legal for medical and/or recreational purposes. According to a new Pew Research poll, an overwhelming share of U.S. adults (89%) say either that marijuana should be legal for medical and recreational use by adults (59%) or that it should be legal for medical …
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 …
